Textile exports in Pakistan show significant growth
Exports increased by 18% year-on-year (YoY) to approximately USD 1.56 billion. On a month-over-month (MoM) basis, exports rose by 26%
Rise in local mobile phone manufacturing in Pakistan
Pakistan saw a remarkable increase in the manufacturing and assembly of mobile phones, with 2.23 million units produced locally. This represents a 55% year-over-year
Inflation in Pakistan expected to decline in June 2024
The headline inflation rate is predicted to be 11.4% year-on-year (YoY), compared to 11.8% in the previous month
Impact of Budget FY25 on each sector
A 10% super tax on banking companies for the tax year 2023 and subsequent years.
Pakistan Federal Budget 2024-25: Key Highlights and Impacts
The Finance Minister has unveiled the federal budget for 2024-25, a critical step for securing the new IMF program. The budget reflects the government's commitment...
Pakistan Gov’t sets optimistic targets for the Budget 2024-25
The Finance Minister has presented the much-awaited federal budget for the fiscal year 2024-25. This budget is crucial for securing the new IMF program and...
A year of recovery, economic survey FY24
The Pakistan Economic Survey for FY24 was recently presented by the Finance Minister and other government officials,
SBP starts monetary easing on receding inflationary pressures
State Bank of Pakistan (SBP) has started the monetary easing cycle with its first rate cut in almost four years. The Monetary Policy Committee (MPC)...