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.
Karachi, July 27, 2023 – Pakistan’s foreign exchange reserves experienced a significant decline of $530 million for the week ended July 21, 2023, according to a report by the State Bank of Pakistan (SBP).
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Karachi, July 27, 2023 – The repatriation of profit and dividends from Pakistan has seen a significant plummet of 80 percent, amounting to $331 million in fiscal year 2022-23, as reported by official data released by the State Bank of Pakistan (SBP).
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Islamabad, July 25, 2023 – The Economic Coordination Committee (ECC) of Pakistan, in a recent cabinet committee meeting chaired by Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar, has given the green light for the fixation of Maximum Retail Prices (MRPs) of 25 new drugs. This decision is expected to impact the pharmaceutical industry and consumers alike.
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Karachi, July 21, 2023 – Pakistan has experienced a substantial 44% decline in imports from China during the fiscal year 2022-23, according to data released by the State Bank of Pakistan (SBP).
(more…)Karachi, July 20, 2023 – Pakistan’s foreign exchange reserves have experienced a substantial increase, reaching $14.07 billion, thanks to significant inflows from the International Monetary Fund (IMF) and other friendly countries.
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Karachi, July 18, 2023 – International Monetary Fund (IMF) issued a warning on Tuesday, stating that Pakistan faces complex and multifaceted economic challenges, with risks that are exceptionally high.
(more…)Karachi, July 18, 2023 – Pakistan has experienced a significant decline of 25% in Foreign Direct Investment (FDI) during the fiscal year 2022-23, as revealed by data released by the State Bank of Pakistan (SBP) on Tuesday.
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Karachi, July 18, 2023 – Pakistan has made significant progress in reducing its current account deficit, which stood at $2.56 billion for the fiscal year 2022-23. This represents a substantial 85% decrease compared to the previous fiscal year.
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Islamabad, July 14, 2023 – Pakistan has witnessed a significant 29 percent increase in the prices of essential items, based on the Year on Year (YoY) comparison as of the week ending on July 13, 2023.
(more…)Karachi, July 13, 2023 – Pakistan’s foreign exchange reserves have increased to $9.84 billion by week ended July 7, 2023, up $93 million from the previous week, according to the State Bank of Pakistan (SBP).
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