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.
Pakistan’s foreign exchange reserves for the week ended May 12, 2023, have decreased by $52 million, reaching $9.938 billion, the State Bank of Pakistan (SBP) said on Thursday.
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Prime Minister Shehbaz Sharif and Iranian President Seyed Ebrahim Raisi on Thursday came together to inaugurate a significant development project, marking a new chapter in the bilateral relations between Pakistan and Iran.
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Lamaison Developers Pvt Ltd., a real estate investor, has presented an investment proposal to complete the Islamabad City master plan based on the 1960 development plan.
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Pakistan experienced a substantial decline of 90 percent in net foreign investment during the first ten months of the current fiscal year 2022-2023, as indicated by data released by the State Bank of Pakistan (SBP) on Tuesday.
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Pakistan’s current account deficit has witnessed a significant reduction of 76 percent during the first ten months of the current fiscal year 2022-2023, according to the State Bank of Pakistan (SBP).
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In the face of a challenging economic situation marked by stagflation, severe floods, and substantial financing needs, Pakistan has actively engaged with the International Monetary Fund (IMF) to address these pressing issues.
(more…)Pakistan’s foreign exchange reserves have witnessed a decline, reaching $9.99 billion by the week ending May 5, 2023, according to the latest data released by State Bank of Pakistan (SBP).
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The Economic Coordination Committee (ECC) of the Cabinet, chaired by Minister for Finance and Revenue Senator Mohammad Ishaq Dar, convened on Wednesday and approved the execution of the settlement agreement for the Roosevelt Hotel in New York.
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Pakistan’s tax to GDP ratio has declined to 6.7 percent during first nine month (July – March) 2022-2023 as compared with 7.2 percent in the same period of the last fiscal year, official statistics revealed.
(more…)According to the State Bank of Pakistan (SBP), Pakistan’s foreign exchange reserves increased to $10.043 billion by the week ending April 28, 2023, up $19 million from the previous week.
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