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.
Islamabad, November 1, 2023 – Pakistan has reported a remarkable reduction in its trade deficit, with a 35 percent decrease in the first four months (July – October) of the fiscal year 2023-24, according to official figures released by the Pakistan Bureau of Statistics (PBS).
(more…)
Karachi, November 1, 2023 – Pakistan has experienced a significant contraction in headline inflation for the month of October 2023, with the Consumer Price Index (CPI) showing a decrease to 26.9 percent from the previous month’s 31.4 percent.
(more…)
Islamabad, October 31, 2023 – In a bid to achieve long-term fiscal sustainability, Pakistan has set its sights on eliminating tax exemptions.
(more…)Karachi, October 30, 2023 – Analysts at Insight Research anticipate that Pakistan’s headline inflation is likely to ease to 26.57 percent in October 2023.
(more…)
Karachi, October 27, 2023 – The State Bank of Pakistan (SBP) has announced that the utilization of the Chinese Renminbi (RMB) for cross-border settlements will bolster bilateral ties between Pakistan and China.
(more…)Karachi, October 27, 2023 – Pakistan experienced a notable decline in weekly inflation, thanks in part to a reduction in petroleum prices. The Pakistan Bureau of Statistics (PBS) on Friday released its weekly inflation report, based on the Sensitive Price Indicator (SPI), reflecting a positive trend in essential commodities pricing.
(more…)
Karachi, October 26, 2023 – Pakistan has witnessed a drop in foreign exchange reserves by $257 million on a weekly basis, as reported in an official statement issued on Thursday.
(more…)
Karachi, October 26, 2023 – Pakistan has announced a significant budget deficit of Rs 963 billion for the first quarter of the fiscal year 2023-24, highlighting the financial challenges the country faces.
(more…)
Karachi, October 23, 2023 – The State Bank of Pakistan (SBP) has released its Annual Report on the State of Pakistan’s Economy for the fiscal year 2022-23, projecting a GDP growth rate of 2 to 3 percent for the fiscal year 2023-24.
(more…)
Karachi, October 19, 2023 – Pakistan has reported a substantial contraction in its current account deficit (CAD), with a remarkable 58 percent reduction during the first quarter of fiscal year 2023-24.
(more…)