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, June 9, 2023: The Pakistani government has set a target of 3.5 percent GDP growth for the fiscal year 2023-24, according to sources at the Ministry of Planning, Development, and Special Initiatives.
(more…)
Islamabad, June 8, 2023 – The recently released Pakistan Economic Survey 2022-23 highlights that exchange rate fluctuations have contributed to an increase of approximately Rs6.8 trillion in the country’s external debt.
(more…)
Islamabad, June 8, 2023 – The recently released Pakistan Economic Survey 2022-23 highlights that Pakistan has successfully managed to contain its current account deficit by implementing import restrictions. However, the pressure on foreign exchange reserves persists, creating challenges for the economy.
(more…)
Islamabad, June 8, 2023: The Pakistan Economic Survey 2022-23, released on Thursday, identifies weaker exchange rates and supply disruption caused by floods as key factors contributing to high inflation in the country.
(more…)
Karachi, June 8, 2023: The State Bank of Pakistan’s (SBP) official foreign exchange reserves have dipped below the level of one-month import cover, according to data released on Thursday.
(more…)Islamabad, June 8, 2023: Pakistan is set to achieve a significant reduction in its budget deficit for the fiscal year 2022-23, thanks to focused fiscal consolidation efforts, as revealed by the Pakistan Economic Survey 2022-23 on Thursday.
(more…)
Islamabad, June 8, 2023: Despite the devastating impact of flash floods during fiscal year 2022-23, the agriculture sector of Pakistan has recorded a growth of 1.55 percent, according to the Economic Survey of Pakistan released on Thursday.
(more…)
Islamabad, June 8, 2023: According to Finance Minister Ishaq Dar, Pakistan’s Gross Domestic Product (GDP) achieved a meager growth of only 0.29 percent during the fiscal year 2022-2023. This announcement was made during the unveiling of the Pakistan Economic Survey 2022-23 at a press conference.
(more…)The Pakistan Economic Survey for the fiscal year 2022-23 highlights the various challenges faced by Pakistan’s economy during this period. The geopolitical situation, difficult financial environment, and high inflationary pressures have all had a significant impact on the global growth prospects, and Pakistan was not immune to these challenges. Additionally, devastating floods and political unrest further exacerbated the economic situation, making FY2023 a challenging year for Pakistan’s economy.
(more…)
Islamabad, June 8, 2023: The Ministry of Finance in Pakistan is set to launch the Economic Survey of Pakistan for the fiscal year 2022-2023 today.
(more…)