Category: Finance

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.

Pakistan’s Economy on Track for Robust Recovery: Report

Islamabad, April 30, 2024 – According to the Ministry of Finance’s Economic Update and Outlook for April, released this Tuesday, Pakistan’s national economy is set for a strong recovery, evidenced by encouraging macroeconomic indicators that signal sustained progress and development in the coming fiscal year.
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April 30, 2024
IMF Approves $1.1 Billion Immediate Disbursement to Pakistan

Washington, DC – April 29, 2024 – In a significant boost for Pakistan’s economic stability, the Executive Board of the International Monetary Fund (IMF) approved an immediate disbursement of $1.1 billion.
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April 30, 2024
Repatriation of Profits and Dividends Skyrockets 256% in 9MFY25

Karachi, April 29, 2024 – A significant uptick has been observed in the repatriation of profits and dividends by foreign companies in Pakistan, with figures surging 256% in the period from July 2023 to March 2024.
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April 30, 2024
PM Shehbaz and IMF MD Discuss New Loan Program

Riyadh, April 28, 2024 — In a significant step toward securing financial stability for Pakistan, Prime Minister Shehbaz Sharif met with International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Sunday to discuss a new loan program.
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April 28, 2024
PM Shehbaz and IDB Agree on Early Completion of Uplift Projects

Riyadh, April 28, 2024 – In a significant development aimed at accelerating socio-economic progress in Pakistan, Prime Minister Muhammad Shehbaz Sharif and Islamic Development Bank (IDB) President Dr. Muhammad Sulaiman Al Jasser have agreed to hasten the completion of various uplift projects throughout the country.
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April 28, 2024
SBP Calls for Unpopular but Necessary Economic Measures

KARACHI: In a candid address during the Members Convocation of the Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan), Jameel Ahmad, Governor of the State Bank of Pakistan (SBP), stressed the urgent need for unpopular yet necessary measures to bolster the nation’s economy.
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April 28, 2024
PM Shehbaz Terms Track and Trace System a Complete Fraud

Islamabad, April 26, 2024 – Prime Minister Shehbaz Sharif has denounced the track and trace system implemented for monitoring goods in several key industries as a complete fraud.
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April 26, 2024
PBS Reports Notable Fall in Prices of Essential Commodities

ISLAMABAD, April 26, 2024 – The Pakistan Bureau of Statistics (PBS) has reported a notable reduction in the prices of several essential commodities for the week ending on April 25, 2024, offering some relief to consumers amidst ongoing economic challenges.
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April 26, 2024
Pakistan’s Total Forex Reserves Dip to $13.28 Billion

Karachi, April 25, 2024 – Pakistan’s total foreign exchange reserves have experienced a notable decline, settling at $13.28 billion, as revealed by the latest figures from the State Bank of Pakistan (SBP).
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April 25, 2024
Pakistan and Iran Set to Finalize Free Trade Agreement

Islamabad, April 24, 2024 – In a landmark move to strengthen economic ties, Pakistan and Iran have agreed to expedite the finalization of a Free Trade Agreement (FTA).
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April 24, 2024