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World Bank Approves 20 Billion Dollars Loan Package for Pakistan

21-Jan-2025
The World Bank has raised concerns about significant risks associated with its twenty billion dollar Country Partnership Framework for Pakistan, which spans the next decade. The framework aims to supp...
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World Bank Approves 20 Billion Dollars Loan Package for Pakistan

Pakistani Exports to Iran Plummet Due to US Sanctions

20-Jan-2025
The US sanctions on Iran have had a devastating impact on Pakistani exports to the neighboring country, with exports dwindling to a mere $20,000 in the last fiscal year. This significant decline is la...
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Pakistani Exports to Iran Plummet Due to US Sanctions

SBP to Review Policy Rate as Inflation Declines

20-Jan-2025
The State Bank of Pakistan’s Monetary Policy Committee (MPC) will convene on Monday, January 27, 2025, to deliberate on the country’s monetary policy. The central bank confirmed that SBP Governor Jame...
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SBP to Review Policy Rate as Inflation Declines

ECC Revises Electricity Tariff Timeline to Ease Consumer Burden

18-Jan-2025
The Economic Coordination Committee (ECC) has approved a change in the timeline for annual electricity tariff rebasing, setting January as the adjustment month starting in 2025. The decision, made dur...
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ECC Revises Electricity Tariff Timeline to Ease Consumer Burden

PTBA Urges FBR to Establish Dedicated Tax Office in Gwadar to Address Growing Needs

18-Jan-2025
The Pakistan Tax Bar Association (PTBA) has urged the Federal Board of Revenue (FBR) to establish a dedicated tax office in Gwadar. The move is deemed essential to address rising economic activity and...
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PTBA Urges FBR to Establish Dedicated Tax Office in Gwadar to Address Growing Needs

FBR Directed to Clarify and Implement Tax Rebates for Teachers

17-Jan-2025
The Federal Board of Revenue (FBR) has been urged to make a definitive and clear decision by explicitly stating in the law that the tax rebate for full-time teachers was valid until the tax year 2024....
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FBR Directed to Clarify and Implement Tax Rebates for Teachers

Customs Tribunal Upholds Vehicle Release with Redemption Fine

17-Jan-2025
The Customs Appellate Tribunal has rejected an appeal filed by the Collectorate, affirming the decision of the Collector Adjudication to release a confiscated vehicle upon payment of a redemption fine...
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Customs Tribunal Upholds Vehicle Release with Redemption Fine

Exchange Companies Drive $4 Billion in Remittances During First Half of FY25

17-Jan-2025
Exchange companies have contributed 4 billion dollars to Pakistan remittance inflows during the first half of the ongoing fiscal year FY25. Of this, 2 billion dollars were sold to banks, while another...
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Exchange Companies Drive $4 Billion in Remittances During First Half of FY25

Record Breaking Growth in Pakistan IT Sector in December 2024

17-Jan-2025
Pakistan IT sector recorded the highest monthly exports ever at 348 million dollars in December 2024. This reflects a 15 percent increase compared to December of the previous year according to data fr...
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Record Breaking Growth in Pakistan IT Sector in December 2024

Saudi Mining Company Explores Investment in Pakistan Reko Diq Project

16-Jan-2025
Saudi Arabia Mining Minister Bandar Alkhorayef has announced that Manara Minerals is considering an investment in Pakistan Reko Diq mine. The Saudi Development Fund (SDF) may contribute over 100 milli...
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Saudi Mining Company Explores Investment in Pakistan Reko Diq Project
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