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.

Caretaker Finance Minister Says Pakistan’s Economy Shows Signs of Recovery

Islamabad, September 15, 2023 – Dr. Shamshad Akhtar, the Caretaker Federal Minister for Finance, Revenue, Economic Affairs, and Privatization, announced that Pakistan’s economy is displaying indications of recovery due to the efforts made by the caretaker government. Speaking at a press conference, Dr. Akhtar highlighted various positive economic indicators.
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September 15, 2023
Pakistan Records 22 Percent Decline in Electricity Charges: Official Statistics

Karachi, September 15, 2023 – In an unexpected revelation, official statistics indicate that Pakistan has experienced a remarkable 22 percent decline in electricity charges.
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September 15, 2023
Foreign Direct Investment Increases by 16.1% in July-August FY24

Karachi, September 14, 2023 – Foreign Direct Investment (FDI) in Pakistan has demonstrated a robust increase of 16.1 percent during the first two months of the fiscal year 2023-24, according to data released by the State Bank of Pakistan (SBP) on Thursday.
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September 15, 2023
Pakistan Needs $24 Billion for Foreign Repayment in FY24

Karachi, September 14, 2023 – The governor of the State Bank of Pakistan (SBP) has revealed that Pakistan will require $24 billion for foreign repayment during the fiscal year 2023-24.
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September 14, 2023
Pakistan’s Current Account Deficit Shrinks by 54% in First Two Months of FY24

Karachi, September 14, 2023 – Pakistan’s current account deficit (CAD) has seen a substantial reduction of 54 percent during the first two months of the fiscal year 2023-24, according to data from the State Bank of Pakistan (SBP).
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September 14, 2023
SBP Reports $140 Million Decline in Official Foreign Exchange Reserves

Karachi, September 14, 2023 – The State Bank of Pakistan (SBP) has disclosed a decrease of $140 million in its official foreign exchange reserves for the week ending September 8, 2023.
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September 14, 2023
Prices of Wheat and Sugar Double in Basket of Essential Items: Pakistan Bureau

Karachi, September 8, 2023 – Alarming data released by the Pakistan Bureau of Statistics (PBS) on Friday reveals that the prices of wheat flour and sugar have doubled over the past year, adding to the economic challenges faced by the nation.
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September 8, 2023
Pakistan’s Foreign Exchange Reserves Decline to $13.13 Billion

Karachi, September 7, 2023 – Pakistan’s foreign exchange reserves have seen a decline, with the State Bank of Pakistan (SBP) reporting that the reserves stood at approximately $13.13 billion as of the week ending September 1, 2023.
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September 7, 2023
Pakistan Rejects Gallup Business Confidence Survey

Islamabad, September 6, 2023 – Pakistan has officially contested the findings of the Gallup Business Confidence Survey, which was recently published in a local financial daily newspaper.
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September 6, 2023
Public Debt Soars to Rs 61.75 Trillion in July 2023: State Bank of Pakistan

Karachi, September 5, 2023 – The State Bank of Pakistan (SBP) has released data indicating a significant surge in the central government’s total debt, which has reached an alarming Rs 61.75 trillion in July 2023.
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September 5, 2023