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.

Profit Repatriation by Foreign Investors Surges 237% in 8MFY24

Karachi, March 27, 2024 – The repatriation of profit and dividends by foreign investors operating in Pakistan has witnessed a remarkable surge, soaring by 237 percent during the first eight months (July – February) of the fiscal year 2023-24, according to official data released on Wednesday.
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March 28, 2024
Analysts Predict March Headline Inflation to Reach 20.8%

Karachi, March 27, 2024 – Insight Research analysts have forecasted that the inflation rate for March 2024 is expected to reach 20.8 percent, marking a notable decrease from the previous year’s figures.
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March 27, 2024
Qatar Aims to Expand Presence in Energy and Housing Sectors

Islamabad, March 23, 2024 – The Qatar Fund for Development (QFFD) has expressed a strong desire to increase its involvement in Pakistan’s energy and housing sectors, signaling a promising avenue for bilateral cooperation between the two nations.
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March 23, 2024
Pakistan Plans $300 Million Panda Bonds Sale in Chinese Markets

Islamabad, March 23, 2024 – Pakistan’s Federal Minister for Finance and Revenue, Muhammad Aurangzeb, revealed intentions to explore Chinese investment avenues by considering the sale of Panda bonds worth up to $300 million, marking the country’s debut in the Chinese bond market.
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March 23, 2024
Pakistan Registers $240 Million Increase in Weekly Forex Reserves

Karachi, March 21, 2024 – Pakistan has seen a notable surge in its foreign exchange reserves, recording a $240 million increase for the week ended March 15, 2024.
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March 21, 2024
Foreign Direct Investment Plummets 17% in 8MFY24, Says SBP

Karachi, March 20, 2024 – The State Bank of Pakistan (SBP) announced on Wednesday that the foreign direct investment (FDI) into the country has witnessed a significant decline of 17.1 percent during the first eight months (July – February) of the fiscal year 2023-24.
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March 20, 2024
IMF and Pakistan Reach Agreement for $1.1 Billion Tranche

Karachi, March 20, 2024 – Pakistan has reached a significant milestone in its economic partnership with the International Monetary Fund (IMF), as both parties have reached a staff-level agreement (SLA) for the second and final review under the Stand-By Arrangement (SBA).
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March 20, 2024
Shehbaz Government to Present First Budget Early June

Islamabad, March 20, 2024 – The newly formed government under the leadership of Prime Minister Shehbaz Sharif is gearing up to present its inaugural budget for the fiscal year 2024-25 in early June 2024, marking a crucial milestone for Pakistan’s economic agenda.
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March 20, 2024
Pakistan’s CAD Shrinks 74% to $999M in 8MFY24

Karachi – Pakistan’s economic landscape shows promising signs as the country’s Current Account Deficit (CAD) has seen a substantial reduction by 74 percent, dwindling to $999 million during the initial eight months (July – February) of fiscal year 2023-24, according to recent data unveiled by the State Bank of Pakistan (SBP) on Tuesday.
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March 20, 2024
Pakistan Witnesses $131 Million Rise in Weekly Forex Reserves

Karachi, March 14, 2024 – Pakistan has recorded a significant rise of $131 million in its weekly foreign exchange reserves for the week ending March 8, 2024, according to the State Bank of Pakistan (SBP).
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March 14, 2024