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.

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
Foreign Direct Investment Drops 10% in July-March FY24

Karachi, April 22, 2024 – Pakistan has witnessed a notable decline in Foreign Direct Investment (FDI) during the first nine months of fiscal year 2023-24, with a 10 percent decrease compared to the same period last year, as reported by the State Bank of Pakistan (SBP).
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April 22, 2024
Pakistan and Iran Aim Bilateral Trade at $10 Billion Annually

Islamabad, April 22, 2024 – In a significant development aimed at bolstering economic ties between neighboring countries, Pakistan and Iran agreed on Monday to enhance bilateral trade and expand business activities in their border regions.
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April 22, 2024
Pakistan Posts $619 Million Current Account Surplus in March 2024

Karachi, April 22, 2024 – In a remarkable economic turn, Pakistan has registered a current account surplus of $619 million for the month of March 2024, as announced by the State Bank of Pakistan (SBP) on Monday.
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April 22, 2024
Pakistan Discusses Reforms with Global Rating Agencies

In a crucial meeting held on Saturday, Finance Minister of Pakistan Muhammad Aurangzeb engaged with representatives from two of the world’s leading credit rating agencies, S&P Global and Fitch Ratings.
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April 20, 2024
Finance Ministers of Pakistan and China Meet in Washington

In a significant diplomatic move, the Finance Ministers of Pakistan and China convened in Washington D.C., underscoring the deep-rooted ties between the two nations and their commitment to further enhancing cooperation on various fronts.
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April 20, 2024