Islamabad, February 3, 2025 – Pakistan’s exports have experienced a significant boost, rising by 10% to reach $19.55 billion during the first seven months (July – January) of fiscal year 2024-25, according to data released by the Pakistan Bureau of Statistics (PBS) on Monday.
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Pakistan’s inflation hits 111-month low at 2.4% in January
Islamabad, February 3, 2025 – Pakistan’s headline inflation based on the Consumer Price Index (CPI) dropped to 2.4% in January 2025, marking the lowest level in 111 months.
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Pakistan introduces policy for issuance of commemorative coins
Islamabad, February 2, 2025 – The Ministry of Finance has officially released policy guidelines for the issuance of commemorative coins in Pakistan, aiming to bring structure and consistency to the process.
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Pakistan on Path to Greater Economic Stability: 1H FY25 Report
Islamabad, January 28, 2025 – On Tuesday, the Ministry of Finance released its half-yearly report for the fiscal year 2024-25 (July-December), presenting an optimistic outlook for Pakistan economy.
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SBP Slashes Interest Rate to 12% Amid Inflation Decline
Karachi, January 27, 2025 – The State Bank of Pakistan (SBP) announced a significant reduction in its benchmark policy rate, cutting it by 100 basis points to 12%. The decision, effective from January 28, 2025, was made during the Monetary Policy Committee (MPC) meeting held on Monday.
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FBR Grants Tax Exemption of Rs 57 Billion on Agriculture Income
Karachi, January 24, 2025 – The Federal Board of Revenue (FBR) has announced a significant tax exemption worth Rs 57.52 billion for agriculture income in the tax year 2023, according to an official report released by the Board.
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Banks Witness Rs862Bn Withdrawals Amid Non-Filer Restrictions
Karachi, January 23, 2025 – Banks in Pakistan experienced a massive withdrawal of Rs 862 billion during December 2024 as the government prepared to impose stringent restrictions on non-filers of income tax returns. This significant outflow highlights the uncertainty and apprehension among account holders in response to impending policy changes.
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PPL Reports Major Boost in Gas Production at Gambat South
Karachi, January 23, 2025 – Pakistan Petroleum Limited (PPL) has announced a remarkable increase in gas production at the Shandad X-1 well, located in the Gambat South Block.
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Starlink Can Launch Services After Security Clearance: PTA
ISLAMABAD: Starlink Internet Services (Private) Ltd must secure security clearance before obtaining licenses and launching its operations in Pakistan, according to Major General Hafeez ur Rehman (retired), Chairman of the Pakistan Telecommunication Authority (PTA).
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Pakistan Imports Mobile Phones Worth Rs 204 Billion in 1HFY25
Karachi, January 20, 2025 – Pakistan mobile phone imports reached a substantial Rs 204 billion during the first half of the fiscal year 2024-25, underscoring the nation’s continued demand for smartphones despite economic pressures.
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