Pakistan Customs, Tax, Shipping & Business News Resource
Karachi: the government of Prime Minister Shehbaz Sharif as “worse” manager of the economy, the country’s business owners have become more pessimistic about their future because of continued political turmoil…
Karachi: (Commerce Reporter) Former Senior Vice President of FPCCI, Information Secretary of United Business Group and Honorary Consul General of Yemen in Pakistan, Dr. Mirza Akhtar Baig has said that…
FEDERAL BUDGET PROPOSALS 2023-24: KARACHI: The Karachi Chamber of Commerce & Industry (KCCI) firmly believes that that out-of-the-box solutions were needed to avoid further downslide of economy while the decision-makers…
The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) hailed the federal budget 2022-23, but warn of long-term impact on trade and industry, terming it a ‘partially…
ISLAMABAD: With the contraction of Pakistan’s GDP growth rate that falls into zero range at negative -0.38 percent for the outgoing fiscal year, the total size of the country’s economy…
KARACHI: Governor State Bank of Pakistan (SBP) Reza Baqir has said the economy had begun to show signs of improvement, adding that with measures were in place and inflation would…
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh has said that the government has overcome immediate challenges to the economy by taking right decision and…
Talk of the twin deficits i.e. Fiscal deficit and Current Account Deficit (CAD); while the latter has been on the recovery mode, the former seems to stay stubborn; wants some…
KARACHI: The Pakistan Economy Watch (PEW) on Sunday said the circular debt has again resurfaced threatening the fragile national economy. The infamous power sector debt has surpassed Rs1300 billion and…
KARACHI: Pakistan government has been actively trying to bridge the gap in twin deficits where much has been said, written and acted upon to tame external imbalances, however the fiscal…
KARACHI: The International Monetary Fund (IMF) has asked Pakistan to take additional tax measures for curtailing the budget deficit as well as advocated free movement of Pak Rupee, which could…