Pakistan’s REER falls to 93.2 in July
A Real Effective Exchange Rate below 100 means a country’s exports are competitive, while imports are expensive Pakistan’s REER falls…
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Fixed sales tax on traders suspended
PM Shehbaz Sharif has directed the FBR to immediately suspend collection of fixed sales tax through electricity bills from small…
Pakistan aims for 6-7% GDP growth in medium term
Ministry of Finance highlights economic progress in its ’75 Years – Economic Journey of Pakistan’ report released on Saturday. Pakistan…
Miftah announces tax relief for shop-owners consuming less than 150 units
Rupee to see improvement ‘in next two weeks’, Miftah Ismail says Miftah announces tax relief for shop-owners consuming less than…
Gold price registers increase of Rs1,300 to reach Rs159,600 per tola
In the international market, gold prices rose $5 to close at $1,767 per ounce. Gold price registers increase of Rs1,300…
Pak-US trade witnesses over 44pc growth during FY2022
Overall Pakistan’s exports to all countries also witnessed an increase of 26.56 percent in twelve months, SBP data said. Pak-US…
Rupee nosedives to 239.94 against US dollar
Political uncertainty dragged local unit to historic low against the foreign currency. Rupee nosedives to 239.94 against US dollar. Amid…
Leather manufactures exports witness 10.43 pc increase
Other leather manufactures exports increased by 12.61 percent, worth US$ 18,654 in current fiscal year. Leather manufactures exports witness 10.43…
UAE inks energy deal with France
France secured promises of new energy supplies from the United Arab Emirates on Monday. France secured promises of new energy…
Cargo plane crash in Greece
Videos shared by eyewitnesses on social media showed the plane engulfed by a giant fireball Cargo plane crash in Greece….