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.

Fresh IMF Program and Budget Pose Challenges for New Govt

February 11, 2024 – In the aftermath of Pakistan’s General Elections on February 8, 2024, analysts at Arif Habib Limited are highlighting the formidable challenges facing the new government, particularly in negotiating a new loan program with the International Monetary Fund (IMF) and formulating the budget for the fiscal year 2024-25.
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February 11, 2024
Pakistan Faces $165 Million Drop in Weekly Forex Reserves

Karachi, February 9, 2024 – Pakistan’s economic landscape is under scrutiny as the State Bank of Pakistan (SBP) revealed a significant decline of $165 million in the country’s foreign exchange reserves for the week ended February 2, 2024.
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February 9, 2024
Pakistan’s Import Bill Witnesses 14.11% Decline in 7MFY24

Islamabad, February 2, 2024 – Pakistan’s import bill has experienced a substantial decline of 14.11 percent during the first seven months (July – January) of the fiscal year 2023-24, according to data released by the Pakistan Bureau of Statistics (PBS) on Friday. This decline reflects a positive trend in the country’s trade balance.
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February 2, 2024
Headline Inflation in Pakistan Surges to 28.3% in January 2024

The headline inflation based on Consumer Price Index (CPI) increased by 28.3 percent year on year (YoY) basis in January 2024, Pakistan Bureau of Statistics (PBS) revealed on Thursday.
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February 1, 2024
Pakistan Witnesses $78 Million Decline in Weekly Forex Reserves

Pakistan faces a concerning economic setback as official data from the State Bank of Pakistan (SBP) reveals a significant decline of $78 million in the country’s weekly foreign exchange reserves.
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February 1, 2024
Pakistan’s Budget Deficit Widens to 2.3% in 1HFY24

Karachi, January 29, 2024 – The Ministry of Finance in Pakistan has announced that the budget deficit for the first half of the fiscal year 2023-24 (July to December) has expanded to 2.3% of the Gross Domestic Product (GDP).
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January 29, 2024
Analysts Anticipate Inflation Easing to 27.3% in January 2024

Karachi, January 29, 2024 – Analysts from Arif Habib Limited are forecasting a decline in the year-on-year (YoY) headline inflation rate for January 2024 to 27.3%.
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January 29, 2024
Foreign Profit Repatriation Surges 161% Before Pakistan Elections

Karachi, January 27, 2024 – In a startling revelation, official data released by the State Bank of Pakistan (SBP) on Friday disclosed a staggering 161 percent surge in foreign profit and dividend repatriation from Pakistan in the first half of the fiscal year 2023-24.
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January 27, 2024
Pakistan’s Forex Reserves Rise by $196 Million Amid Repayments

Karachi, January 25, 2024 – Pakistan’s foreign exchange reserves witnessed a notable surge, recording an increase of $196 million in the week ended January 19, 2024.
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January 25, 2024
Inflation of Essential Prices in Pakistan Nears 45%

Islamabad, January 19, 2024 – Alarming data released by the Pakistan Bureau of Statistics (PBS) on Friday reveals that the inflation of essential prices in Pakistan has surged, nearing a staggering 45 percent.
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January 19, 2024