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Monthly Archives: March, 2020

Remittances Sent by Overseas Pakistanis Jumped to 5.4%

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During the first eight months of the current fascial year, the remittances raised by 5.37% as compared to the corresponding period of the fascial year 2018-2019. According...

30% Plunge in Oil Prices Will Be Beneficial for Pakistan

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30% plunge in the global oil prices has changed the entire economic outlook however, it happened to be good news for Pakistan’s macro and micro-economy. The slump...

Mid-Year Budget Review Report for the Year 2020

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The Finance Division has analyzed and revealed various risk factors including a major shortfall in tax revenue, unpredicted volatility in the exchange rate, circular debt in...

Coronavirus: The Government of Qatar Has Banned the Entry of Pakistanis

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The Government of Qatar has temporarily banned the entry of Pakistanis to prevent the country from the widespread of coronavirus. According to a recent statement released by Qatar's...

Yes Bank Plunges 60%, Depositors on Their Way to Withdraw Funds

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According to the official data, shares in India’s plunged 60% and confused depositors ran to withdraw their funds due to the current situation. The Reserve Bank of...

33% Reduction in Oil Prices Will Decrease Inflation in Pakistan

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Due to the OPEC’s failure to strike a deal with its allies regarding production cuts, oil prices have been dropped by more than 33%. As per the...

FBR Collected Rs.345 Billion during July-January 2020

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According to the Federal Board of Revenue FBR’s official data, the overall revenue has grown by 17 % with additional revenues of Rs.345 billion over last...

The Government Announces a Reduction in Urea Prices

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Federal Minister for National Food Security and Research Makhdoom Khusro Bakhtiar announced that the price of urea has been reduced by Rs375 per 50kg bag. The...

Sindh IT Companies to Shift to Other Provinces

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Federal Secretary for Ministry of Information Technology and Telecommunication Shoaib Ahmad Siddiqui informed the Senate Standing Committee that due to the high tax rate in Sindh,...

Peace in Afghanistan can Trigger Development and Trade in the Region

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Pakistani businesses are carefully observing the initiation of a process that can prove to be the first step in a long journey towards lasting peace in...
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