Pakistan Posts Current Account Surplus of USD 255mn in May’23
KARACHI: Pakistan posted a Current Account surplus of USD 255mn for the month of May’23 compared to a deficit of USD 1,506mn during May’22. This is the third consecutive monthly…
Foreign direct investment flows to Pakistan decline 52% in ten months
KARACHI: Foreign direct investment (FDI) dropped 52% to $1.37 billion in first 10 months (Jul-Apr) of the current fiscal year due to spread of economic uncertainty. The FDI had been…
Foreign direct investment in Pakistan slows down
KARACHI: Foreign direct investment (FDI) inflows declined by 46 percent in the first four months of the current fiscal year (July-October), said a report of the State Bank of Pakistan…
Pakistan to become Asia’s premier trade, energy corridor: PM
ISLAMABAD: Prime Minister Muhammad Nawaz Sharif on Wednesday said Pakistan’s strategic location makes it a market having potential to become Asia’s premier trade, energy and transport corridor. “Our government is…