Explore finance-related stories with Pakistan Revenue, your source for the latest updates on Pakistan’s economy, financial trends, and market insights. Stay informed with real-time economic developments.
PkRevenue.com – The Economic Survey for the fiscal year 2023-24, launched on Tuesday, revealed a remarkable growth of 6.25 percent in Pakistan’s agriculture sector, a significant increase from last year’s 2.27 percent.
(more…)
PkRevenue.com – Pakistan launched its Economic Survey for the Fiscal Year 2023-24 on Tuesday, revealing that the country’s GDP grew by 2.38 percent. The survey highlighted resilience and steady improvement across the real, fiscal, and external sectors, as well as financial markets.
(more…)PkRevenue.com – Pakistan on Tuesday launched the Economic Survey 2023-24, revealing that the country missed most of its economic targets for the outgoing fiscal year.
(more…)
Pakistan’s combined domestic and external debt has surged by 8.6% to reach Rs 66.08 trillion during the first ten months of the fiscal year 2023-24, according to the State Bank of Pakistan (SBP).
(more…)
PkRevenue.com — Pakistan’s foreign exchange reserves witnessed a decline of $99 million during the week ending May 31, 2024, according to a statement released by the State Bank of Pakistan (SBP) on Thursday.
(more…)
BEIJING, China – On Thursday, Prime Minister Muhammad Shehbaz Sharif met with Dr. Wu Fulin, Chairman of the China Export-Import Bank (EXIM), to discuss Pakistan’s reform agenda and ongoing cooperation under the China-Pakistan Economic Corridor (CPEC).
(more…)
PkRevenue.com – Pakistan has registered a significant 27.08 percent increase in exports on a year-on-year (YoY) basis in May 2024, according to data released by the Pakistan Bureau of Statistics (PBS) on Monday. Exports surged to $2.80 billion in May 2024, up from $2.20 billion in the same month of the previous year.
(more…)
PkRevenue.com – In a notable shift, the headline inflation based on the Consumer Price Index (CPI) has contracted to a 29-month low, reaching 11.8 percent in May 2024. This development, reported by the Pakistan Bureau of Statistics (PBS), signifies a substantial decrease from the 17.3 percent recorded in the previous month and an even more dramatic drop from the 38.0 percent observed in May 2023.
(more…)
PkRevenue.com – In a robust review of the proposed annual plan for the fiscal year 2024-25, the Annual Plan Coordination Committee (APCC) painted a positive economic picture for Pakistan.
(more…)PkRevenue.com – Headline inflation in Pakistan is projected to continue its downward trajectory, with the Consumer Price Index (CPI) for May 2024 estimated at 12.9%, a significant drop from 17.3% in April 2024 and a dramatic decline from 38.0% in the same period last year, according to analysts at Insight Securities (Pvt) Ltd.
(more…)