Category: Business
Govt debt surges by 11pc to Rs36.53 trillion
The federal government’s total debt increased to Rs36.537 trillion by end-January as against Rs32.997tr in the same period last year, up by almost 11 per cent, or...
PM Imran Khan approves cross-border yarn import
Amid fears of a shortage of industrial input in textile exports, Prime Minister Imran Khan has approved the cross-border import of cotton yarn. Commerce Adviser Razak...
Nine energy projects completed under CPEC
Nine Energy projects have so far been completed under the China Pakistan Energy Corridor (CPEC), boosting the energy needs of Pakistan. These new projects have...
Pakistan earns US $224m from export of travel services this fiscal year so far
Pakistan earned US $224.120 million by providing different travel services in various countries during the first half of the current financial year 2020-21. This shows a...
Pakistan cotton prices reach 11-year high
Cotton prices in Pakistan pushed to an 11-year high Wednesday because of a decline in production. Cotton traded at Rs12,000/maund, while its spot rate moved up to...
Pakistan witnesses 27pc drop in foreign direct investment
Foreign direct investment (FDI) during the first seven months of the current fiscal year fell by 27 per cent compared to the same period of last fiscal year, the State...
Govt confident to get Rs 100 bn more through FBR collection this year
Prime Minister Imran Khan has commended FBR Field Formations on achieving 7-months revenue targets by undertaking bold tax audit and enforcement, and counter-smuggling...
Pakistan says will not allow import of cotton from India despite shortfall
Abdul Razzaq Dawood, Advisor to the PM for Commerce has said that Pakistan will not allow import of cotton from India to bridge shortfall. He said people from the...
Pakistan may ask China for debt relief on loan for power projects: report
Pakistan is eyeing for debt relief on Chinese loans taken to fund power projects that Beijing has financed over the last eight years. Pakistan is the latest developing...
Exports increase 5.53 percent in seven months
The exports from the country increased by 5.53 percent during the first seven months of the current fiscal year (2020-21) as compared to the corresponding period of last...