Beijing, May 23, 2024 — In a welcome move for Pakistani students in China, Pakistan International Airlines (PIA) has announced a 20 percent discount on fares for travel from China to Pakistan.
(more…)Category: Pakistan
-
NAC Approves Pakistan’s GDP Growth at 2.38% for 2023-24
Islamabad, May 21, 2024 – The National Accounts Committee (NAC) has approved the provisional growth rate of Pakistan’s Gross Domestic Product (GDP) at 2.38% for the ongoing fiscal year 2023-24.
(more…) -
Pakistan Prays for Safety of Iranian President in Helicopter Incident
Islamabad, Pakistan – On Sunday, Pakistan’s leadership and citizens united in prayer for the safety of Iranian President Seyed Ebrahim Raisi and Foreign Minister Hossein Amir-Abdollahian following a helicopter incident.
(more…) -
Pakistan Spends Rs 414 Billion on Mobile Phones Import
Karachi, May 18, 2024 – Pakistan has recorded a massive expenditure on mobile phones import, amounting to over Rs 414 billion during the first ten months (July – April) of the fiscal year 2023-24.
(more…) -
Pakistan’s Car Imports Surge By 256% in 10MFY24
Karachi, May 18, 2024 – Pakistan has witnessed a remarkable surge in car imports, with a staggering 256 percent increase during the first ten months (July – April) of the fiscal year 2023-24. This significant rise is detailed in the latest data released by the Pakistan Bureau of Statistics (PBS).
(more…) -
Textile Exports Reach $13.68 Billion Amid Marginal Dip in 10MFY24
Pakistan’s textile exports have maintained a robust trajectory, reaching $13.68 billion during the first ten months (July – April) of the fiscal year 2023-24, according to official data released on Thursday.
(more…) -
China Reiterates Support for Pakistan’s Financial Stability
Lan Fo’an, the Finance Minister of China, has reaffirmed his country’s unwavering support for Pakistan’s efforts to enhance financial stability. This statement came during discussions with Pakistan’s Deputy Prime Minister and Foreign Minister, Senator Mohammad Ishaq Dar, in Beijing on Thursday.
(more…) -
Pakistan Slashes Petrol Price by Rs 15.39 per Liter from May 16th
In a bid to alleviate the economic burden on its citizens amidst the backdrop of declining global fuel prices, Pakistan has announced a significant reduction in the price of petrol by Rs 15.39 per liter.
(more…) -
SBP Projections Indicate Missed 2023-24 Fiscal Year Targets
Karachi, May 14, 2024 – The State Bank of Pakistan (SBP) has released projections suggesting that several targets set by the government for the fiscal year 2023-24 are likely to be missed, with notable concerns surrounding GDP growth and fiscal deficit.
(more…) -
Telecom Operators Launch Daily SIM Blocking for Non-Filers
In a bid to bolster tax compliance and enforcement measures, telecom operators in Pakistan have initiated the daily blocking of SIM cards belonging to non-filers of income tax returns.
(more…)