The reason for the decline is the decision of commercial banks not to convert their liabilities into new loans (Photo File). Islamabad: Pakistan’s external debt has increased by 4 billion 700 million dollars during the last one year. According to the State Bank of Pakistan, the reason for this decrease in external debt is the…
Islamabad: 25% on import of dozens of luxury goods including CB-conditioned vehicles, cigarettes, electrical appliances, chocolate cigarettes, cosmetics, ice cream, jams, jellies, preserved fruits, luxury leather, jackets, apparels in the Supplementary Finance Bill. Regulatory duty is proposed to be imposed. Aerated water and juices, sanitary and bathroom towels, import of carpets from countries other than…
Lahore: Central Senior Vice President of Pakistan Tehreek-e-Insaf (PTI) Fawad Chaudhry has described the meeting with the American ambassador as positive and said that the American authorities have been informed by the PDM government of the laws of terrorism and blasphemy against political opponents. The party’s reservations on misuse have been informed. Fawad Chaudhry said…
Photo Government of Pakistan Twitter Islamabad / Ankara: Prime Minister Mohammad Shahbaz Sharif arrived in Ankara on a two-day official visit, where he met Turkish President Recep Tayyip Erdogan at the Presidential Palace and said that he will not rest until the last person in the earthquake-affected areas is completely restored. Prime Minister Muhammad Shahbaz…
Karachi: Islamabad United defeated Karachi Kings by 4 wickets in Pakistan Super League 8. In the third match of the Pakistan Super League played at National Stadium Karachi, Islamabad United achieved the target of 174 runs for the loss of 6 wickets in the 19th over. Golan Munro scored 58 runs while Azam Khan scored…
Karachi: The continuation of decline in foreign exchange reserves for 14 consecutive weeks could not be continued, foreign exchange reserves have decreased by 6 billion dollars during 14 weeks. According to the details, the increase was recorded after three and a half months in the week ended February 10. Government reserves increased by $276 million…
Photo: File The State Bank of Pakistan (SBP) has said that the debt of the government of Pakistan has increased by 23 percent in a year. According to the central bank, the debt of the government of Pakistan at the end of December 2022 is 50 thousand 996 billion rupees. A year ago in December…
Reserves of State Bank increased by 276 million dollars to 3 billion 19 million dollars. National foreign exchange reserves in the week ending on February 10, 16 million 26 million… PNP Deskpnp.com.pk
Pakistan Stock Exchange (PSX) had a negative business day today. The PSX benchmark 100 index closed down 248 points at 41,078. During the business day, the 100 index remained in the band of 593 points while the lowest level of the index today was 41 thousand 26 points. Deals of 14 crore shares were settled…
Karachi: The dollar remained on the back foot due to factors such as the imposition of taxes of Rs 170 billion through the government’s mini-budget measures, the acceptance of most of the conditions of the IMF, including the increase in the prices of petrol, gas and electricity, and the hope of reviving the IMF program….
