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.
(more…)Category: Pakistan
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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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Pakistan’s Headline Inflation Declines to 1.5% in February 2025
Islamabad, March 3, 2025 – Pakistan’s headline inflation, measured through the Consumer Price Index (CPI), recorded a decline to 1.5% on a year-on-year (YoY) basis in February 2025, compared to 2.4% in the previous month and a significantly higher 23.1% in February 2024. This decline in headline inflation suggests a notable easing in price pressures, reflecting improved economic stability.
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PSX Expects Pakistan’s Economic Growth to Continue
Karachi, February 27, 2025 – The Pakistan Stock Exchange (PSX) has expressed optimism that Pakistan’s economic growth is likely to persist in the coming months, driven by macroeconomic stabilization measures and strategic policy shifts.
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Pakistan, Azerbaijan Sign MOU for Joint Oil Trading Company
Karachi, February 24, 2025 – Pakistan and Azerbaijan have strengthened their energy sector collaboration by signing a Memorandum of Understanding (MOU) on Monday for the establishment of a joint oil trading company.
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PTCL Discloses Key Investment Information to Stock Market
Karachi, February 21, 2025 – Pakistan Telecommunication Company Limited (PTCL) has officially disclosed significant material information to traders at the Pakistan Stock Exchange (PSX), underscoring its commitment to technological advancement and infrastructure development.
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Foreign Banks Withdraw $165 Million from Pakistan
Karachi, February 21, 2025 – Foreign banks operating in Pakistan have repatriated a substantial amount of $165 million in profits and dividends during the first seven months (July–January) of the fiscal year 2024-25, according to a report released by the State Bank of Pakistan (SBP).
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Aurangzeb Urges Taxation of Free-Riders to Stabilize Economy
Islamabad, February 20, 2025 – Finance Minister Muhammad Aurangzeb has underscored the urgent need to bring the undocumented economy into the tax net, warning that Pakistan can no longer afford to sustain “free riders” who evade taxation.
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