Car Sales up 29% in March 2022
On a sequential basis, INDU and HCAR sales are likely to remain upbeat by posting growth of 53% MoM and 33%MoM respectively.
On a sequential basis, INDU and HCAR sales are likely to remain upbeat by posting growth of 53% MoM and 33%MoM respectively.
Pakistan has advanced its ongoing economic review discussions with IMF by successfully fulfilling another key structural condition of the financial assistance program. The Federal Board of Revenue has issued a draft amendment to the Civil Servants Rules, expanding the definition of public servants under the Asset Rules Reform. According to the official notification, officers in…
Textile Exports increased to a record high of US$11bn in 7MFY22 up 25%. As per the data reported by the Pakistan Bureau of Statistics (PBS), Pakistan textile exports have witnessed a record 7MFY22 exports of US$11bn in FY22, up by 25% YoY. In PKR terms, the same has clocked in at Rs1,861bn, up 30% YoY…
News Report The economic Coordination Committee (ECC) has approved the RNGL sale price for PLL’s supply to K-Electric (KE). PLL will supply LNG to K-Electric (KE) at a price of LNG notified by Ogra. The ECC also approved the Ministry of Energy, Petroleum Division’s summary on the determination of RLNG sale price for PLL’s supply…
Government plans setting up Mineral Free Zone at Gwadar Port Pakistan has decided to pitch multibillion dollars maritime projects to local and foreign investors under ‘profit and sharing model’ in Gwadar and Karachi Ports in the upcoming Pakistan Maritime Investment Forum 2025. The government is likely to hold maritime investment forum by end of this…
Federal Minister for Maritime Affairs Junaid Anwar Chaudhry has announced an ambitious “Sea to Steel Green Corridor” project aimed at reviving Pakistan Steel Mills and saving up to $13 billion over the next decade through reduced steel imports. Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry has unveiled an ambitious plan to revive the…
Amid mounting fiscal challenges, Pakistan has abandoned plans for a mini-budget, choosing instead to strengthen enforcement of existing tax laws while seeking IMF relief. Officials said the strategy aims to protect citizens from additional financial burdens after devastating floods. The Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial emphasized there will be no mini-budget…