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Islamabad, February 6, 2025 – Finance Minister Muhammad Aurangzeb on Thursday emphasized the importance of agriculture income tax as a crucial step in broadening Pakistan’s tax base.
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Karachi, February 6, 2025 – The State Bank of Pakistan (SBP) has reported a $46 million increase in its foreign exchange reserves for the week ending January 31, 2025.
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Islamabad, February 3, 2025 – In a promising development for Pakistan’s economy, Federal Finance Minister Muhammad Aurangzeb has suggested that the country’s policy interest rate could be reduced to a single-digit figure in the near future.
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Islamabad, February 3, 2025 – Pakistan’s headline inflation based on the Consumer Price Index (CPI) dropped to 2.4% in January 2025, marking the lowest level in 111 months.
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Islamabad, February 2, 2025 – The Ministry of Finance has officially released policy guidelines for the issuance of commemorative coins in Pakistan, aiming to bring structure and consistency to the process.
(more…)Karachi, January 31, 2025 – Pakistan’s inflation rate for January 2025 is projected to hit a 10-year low at approximately 2.7%, marking the lowest level since March 2015.
(more…)Karachi, January 30, 2025 – Pakistan’s foreign exchange (forex) reserves saw a decline of $137 million during the week ending January 24, 2025, primarily due to external debt repayments and other foreign payments. This drop reflects the country’s ongoing financial obligations amid efforts to stabilize the economy.
(more…)Islamabad, January 28, 2025 – Finance Finance Minister Muhammad Aurangzeb on Tuesday announced a significant administrative shift aimed at streamlining tax administration and boosting revenue collection in Pakistan.
(more…)Islamabad, January 28, 2025 – On Tuesday, the Ministry of Finance released its half-yearly report for the fiscal year 2024-25 (July-December), presenting an optimistic outlook for Pakistan economy.
(more…)Karachi, January 23, 2025 – The foreign exchange reserves of Pakistan have registered a decline of $262 million during the week ending January 17, 2025. The decrease underscores the ongoing challenges faced by the country in maintaining its external financial stability.
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