Finance ministry sees Pakistan’s headline inflation at 6-7% in October 2024 CPI to decelerate further in November to 5.5-6.5%, says finance ministry Updated 30 Oct, 2024 10:43pm
Print PM congratulates nation ISLAMABAD: Prime Minister Shehbaz Sharif on Friday felicitated the nation as the Pakistan Stock Exchange’s 100-index... Updated 26 Oct, 2024 09:23am
Print SBP chief briefs global investors about state of economy WASHINGTON: Governor State Bank of Pakistan (SBP), Jameel Ahmad met delegates from international rating agencies and... Updated 26 Oct, 2024 08:47am
BR Research ‘Cash and Code’ driving recovery As expected, the current account is nearly balanced in the first quarter of the fiscal year. The story is... Published 22 Oct, 2024 06:51am
Business & Finance Q1 IT, ITeS export remittances jump 33.7pc to $876m YoY ISLAMABAD: The country’s information technology and IT-enabled services (ITeS) export remittances comprising... Published 22 Oct, 2024 06:33am
Markets Pakistan records $119mn current account surplus in September 2024 Development comes on back of massive increase in remittance inflows This is the second successive month in which Pakistan's current account has posted surplus Updated 21 Oct, 2024 11:32pm
Print Pak-UAE JMC meeting today to consider widening ties ISLAMABAD: United Arab Emirates (UAE) and Pakistan are all set to consider different proposals for future... Updated 21 Oct, 2024 03:24pm
BR Research Remittances to the rescue The significance of worker remittances can be seen from the fact that over $8 billion came into the country in the... Published 14 Oct, 2024 09:19am
Editorials Rise in home remittances EDITORIAL: The State Bank of Pakistan website revealed a 39 percent rise in remittance inflows for the first quarter... Published 14 Oct, 2024 07:00am
Business & Finance ‘Digital remittances be exempted from wallet-receiving limits’ KARACHI: Murtaza Ali, President of JazzCash, has proposed that digital remittances be exempted from wallet-receiving... Published 12 Oct, 2024 07:40am
Markets World Bank projects Pakistan’s GDP growth at 2.8% in FY25 The World Bank expects economic activity in Pakistan to continue recovering with real GDP growth estimated at 2.8%... Updated 10 Oct, 2024 09:55pm
Business & Finance Q1 remittances up 39pc to record $8.8bn YoY KARACHI: The country has received highest-ever quarterly workers remittance inflows of $8.8 billion during the first... Published 10 Oct, 2024 03:03am
Pakistan Pakistan’s remittance inflow stands at $2.85bn in September 2024, up 29% year-on-year Amount marginally lower than in August 2024 During 3MFY25, remittances up nearly 39% YoY to $8.8 billion as compared to $6.3 billion in 3MFY24 Updated 09 Oct, 2024 10:51pm
Print Remittances: Two incentives available to banks and ECs now KARACHI: To enhance the flow of home remittances, the State Bank of Pakistan (SBP) has revamped the incentive... Updated 09 Oct, 2024 09:04am
BR Research Current account roundup: 2MFY25 In August, the current account posted a marginal surplus of $75 million. The deficit for the July-August period... Published 19 Sep, 2024 08:42am
Pakistan Pakistan’s current account posts surplus of $75mn in August 2024 Development comes on back of massive increase in remittance inflows Updated 18 Sep, 2024 10:31pm
Print PM says economic policies moving in the right direction ISLAMABAD: Prime Minister Shehbaz Sharif on Friday gave credence to his government’s economic policies to be in the... Updated 14 Sep, 2024 02:34pm
BR Research Remittances robust again In August 2024, the country recorded a significant increase in remittances, reaching $2.94 billion, the year-on-year... Published 11 Sep, 2024 09:11am
Business & Finance Jul-Aug remittances soar 44pc to $5.94bn YoY KARACHI: During a challenging period when the country is striving to secure healthy foreign inflows to meet its... Published 10 Sep, 2024 06:32am
Markets Pakistan’s remittance inflow stands at $2.9bn in August, up 40.5% year-on-year On monthly basis, inflow down 2% Updated 09 Sep, 2024 10:35pm
Markets Ongoing global oil price decline to benefit Pakistan: brokerage house The ongoing decline in global oil price “benefits Pakistan” and will help its trade balance and inflation figures,... Updated 05 Sep, 2024 10:32pm
Print Credit to private sector: incorrect calculation? ISLAMABAD: Credit to private sector (flows) stood at Rs -326.9 billion, 1-July to 26-July 2024-25 against Rs -171.1... Updated 31 Aug, 2024 10:21pm
Pakistan Finance ministry expects inflation to fall further to 9.5-10.5% in August Headline inflation figure hit 11.1% in July and brokerage houses now see the number falling to single digits Updated 30 Aug, 2024 10:09pm
Print Two remittance incentive schemes: ECC approves revisions ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday approved revisions to the two... Updated 30 Aug, 2024 08:51am
Pakistan ‘Buna Raast’ will revolutionise remittances: PM ISLAMABAD: Prime Minister Shehbaz Sharif Thursday said Buna Raast – first Pakistan cross-border real-time payment... Updated 23 Aug, 2024 08:59am
Business & Finance July C/A deficit falls 78pc YoY on remittances KARACHI: The country’s current account fell sharply, ie, 78 percent during the first month of this fiscal year... Published 20 Aug, 2024 06:55am
Pakistan Pakistan’s current account posts deficit of $162mn in July 2024 Deficit lower on a monthly basis, but 'higher than expectations due to wider trade deficit reported by SBP' Updated 19 Aug, 2024 09:06pm
BR Research Remittances galore from UAE Despite the month-on-month decline in remittances in June and July this year, remittances have remained on the... Published 13 Aug, 2024 06:44am
Business & Finance July remittances grow 48pc to $3bn YoY KARACHI: Workers’ remittances recorded an impressive growth of 48 percent in the first month of this fiscal year... Updated 10 Aug, 2024 07:35am
Markets Pakistan’s remittance inflow stands at $3bn in July, up 48% year-on-year On monthly basis, inflow down 5% Amount from Saudi Arabia remains highest at $761mn Updated 09 Aug, 2024 10:18pm