Islamabad, March 14, 2025 – Prime Minister Shehbaz Sharif has instructed authorities to introduce a well-structured scheme for long-term investment in Pakistan, emphasizing its critical role in economic growth.
(more…)Category: Pakistan
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Pakistan Reaches 6.51 Million Active Taxpayers for First Time
Islamabad, March 13, 2025 – Pakistan has reached a historic milestone by recording 6.51 million Active Taxpayers, the highest number in the country’s history.
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Illegal Economy Costs Pakistan $100 Billion Every Year: Report
Islamabad – Pakistan is facing an alarming economic challenge, losing approximately $100 billion annually due to illegal economic activities such as tax evasion, smuggling, and counterfeiting, according to a newly launched study.
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Moody’s Improves Pakistan Banking Outlook to Positive
Islamabad, March 12, 2025 – The global credit rating agency Moody’s has upgraded Pakistan banking outlook from stable to positive, reflecting improved economic conditions and strengthened financial sector performance.
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Pakistan Car Sales Surge by 51% in 8MFY25
Karachi, March 11, 2025 – Pakistan has witnessed a remarkable 51% surge in car sales during the first eight months (July – February) of the current fiscal year 2024-25, indicating strong consumer demand and an improving economic environment.
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Aurangzeb Projects Record $36 Billion Remittances for FY25
Islamabad, March 11, 2025 – Finance Minister Muhammad Aurangzeb on Tuesday projected that Pakistan’s workers’ remittances are expected to reach a historic high of $36 billion in the ongoing fiscal year 2024-25.
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Pakistan to Launch Paperless Prize Bonds to Curb Black Money
Islamabad, March 9, 2025 – Pakistan is gearing up to introduce paperless prize bonds as part of a comprehensive strategy to curb black money circulation and strengthen the documentation of the economy.
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US Issues Fresh Advisory for Travel to Pakistan
The United States has issued a fresh advisory for its citizens regarding travel to Pakistan, urging them to reconsider their plans due to concerns over terrorism and the potential for armed conflict.
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Pakistan’s Weekly Inflation Turns Negative for First Time in 7 Years
Karachi, March 7, 2025 – In a significant economic development, Pakistan’s weekly inflation, as measured by the Sensitive Price Indicator (SPI), has turned negative for the first time in nearly seven years.
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Pakistan’s Trade Deficit Expands by 6.33% in 8MFY25
Islamabad, March 3, 2025 – Pakistan’s trade deficit has expanded by 6.33% during the first eight months (July – February) of the fiscal year 2024-25, according to data released by the Pakistan Bureau of Statistics (PBS) on Monday.
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