Budget 2024-25: Impact on export-oriented sectors
The Government of Pakistan (GoP) has proposed significant changes in the Federal Budget for 2024-25 that could affect the export-oriented which is or, is already...
Federal Budget FY25: Impact on the auto sector
The Federal Budget FY25 has introduced significant changes for the auto sector, particularly for hybrid electric vehicles (HEVs) and luxury electric vehicles (EVs).
Pakistan cement dispatches decline in June 2024
This decline is also projected to be 21% lower compared to June 2023
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...