Category: Finance
Foreign exchange reserves fall to $26.402 billion
KARACHI: The liquid foreign exchange reserves of the country fell by $663 million during the week ended September 17, 2021. The State Bank of Pakistan (SBP) on Thursday said that the […]
Work on CPEC projects in full swing: Asad Umar
ISLAMABAD: Asad Umar (Minister for Planning, Development, and Special Initiatives) on Friday said that work on projects under China Pakistan Economic Corridor (CPEC) are continued in full swing. He dispelled […]
Current account deficit widens to $2.29bn in July-August
KARACHI: The current account deficit of the country ballooned to $2.29 billion during first two months (July – August) of the current fiscal year. The SBP issued details of Balance […]
Pakistan’s forex reserves flat at $27.065 billion
KARACHI: Pakistan’s liquid foreign exchange reserves have slightly down by $38 million to $27.065 billion by week ended September 10, 2021 as compared with $27.103 billion a week ago, State […]
Last date for return filing tax year 2021 may be extended
ISLAMABAD: The last date for filing income tax return for the tax year 2021 may be extended as an online portal of the Federal Board of Revenue (FBR) was remained […]
Workers send $2.66 billion remittances in August
KARACHI: Workers’ remittances continued their strong trend, reaching $2.66 billion in August 2021. This is the sixth consecutive month when inflows recorded around $2.7 billion on average, and the fifteen […]
Pakistan’s forex reserves ease to $27.103 billion
KARACHI: The liquid foreign exchange of Pakistan has come down by $125 million to $27.103 billion by the week ended September 03, 2021, State Bank of Pakistan (SBP) said on […]
Finance ministry reviews trade balance situation
ISLAMABAD: Federal Finance Minister Shaukat Tarin presided over a meeting on Monday to review the trade balance situation. Federal Minister for Economic Affairs Division Omar Ayub Khan, Secretary Commerce, Secretary […]
Trade deficit balloons 120% to $7.49 billion in two months
ISLAMABAD: Pakistan’s trade deficit ballooned by 120 per cent to $7.49 billion in first two months (July – August) of the current fiscal year. The trade deficit was $3.40 billion […]
Some obstacles challenging construction sector: PM
ISLAMABAD: Prime Minister Imran Khan has said that the government has removed many barriers but some more obstacles were challenging the construction sector. Prime Minister Imran Khan attends the inaugural […]