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, August 3, 2023 – Pakistan’s foreign exchange reserves experienced a decline, reaching $13.464 billion by the week ending on July 27, 2023, as reported by the State Bank of Pakistan (SBP) on Thursday.
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Islamabad, August 2, 2023 – The latest data released by the Pakistan Bureau of Statistics (PBS) indicates a significant decline in the country’s exports by 12.68% in July 2023, as compared to the previous month.
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Islamabad, August 2, 2023 – In a significant development for the Reko Diq project, Pakistan and the Barrick Gold Corporation have reached an agreement to pay the government’s share in Pakistani rupees (PKR) for the investment in the project.
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Islamabad, August 1, 2023 – The headline inflation in Pakistan witnessed a significant increase, reaching 28.3 percent in July 2023, based on the Consumer Price Index (CPI) year-on-year comparison.
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Islamabad, July 31, 2023 – Pakistan’s Finance Minister, Muhammad Ishaq Dar, announced on Sunday his commitment to raise the nation’s foreign exchange reserves from $14 billion to $15 billion within the next seven weeks.
(more…)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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