IT Exports Record 17% Growth in First 2 Months of FY27
Pakistan's IT and IT-enabled services export receipts grew 17 percent year-on-year to $811 million during the first two months of fiscal year 2026-27, up…
Tag: Business
Govt Claims State Owned Companies Are Not Doing As Bad As People…
In practice, the Finance Division has asserted that a decline in net fiscal flow from state-owned enterprises (SOEs) does not indicate a deterioration in…
Govt to Introduce New System to Stop Electricity Theft
Meanwhile, the federal administration has decided to introduce a transformer-level system to tackle electricity theft and improve load management.
SBP Bans Bank Employees From Cheap Home Loans
Meanwhile, the State Bank of Pakistan (SBP) has prohibited employees of banks and other financial institutions from benefiting from the Prime Minister's Apna Ghar…
Pakistan’s Current Account Deficit Shrinks by 70%
Pakistan's current account deficit shrank by around 70 percent year-on-year (YoY) to $98 million in August 2026, down from $324 million in the same…
Pakistan’s REER Keeps Rising With Exports Under Pressure
Pakistan's rupee remained overvalued against the currencies of its major trading partners in August 2026, with the Real Effective Exchange Rate (REER) remaining above…
Gold Gains Nearly Rs. 8,000 in Pakistan
Gold rates in Pakistan suddenly climbed on Wednesday after a similar trend observed in international gold costs.
FBR Finally Admits IRIS Is Not Working
For context, the Federal Board of Revenue (FBR) has finally admitted that taxpayers are facing intermittent challenges on its IRIS portal, with the tax…
Pakistan to Raise Another ¥5.5 Billion From China
Pakistan has Chinese Yuan (¥) 5.45 billion left to raise under its approved Panda Bond program after raising the inaugural ¥1.75 billion from China's…
PM Shehbaz Orders More Financial Support for Small Businesses
Prime Minister Shehbaz Sharif on Wednesday directed the Small and Medium Enterprises Development Authority (SMEDA) to provide more financial backing to small and medium-sized…