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Tag: Fiscal Health

remittances
Business
  • Web Desk
  • Oct 26, 2023
Pakistan’s foreign exchange reserves decline by $257.3 million in one week

According to data released by the central bank on Thursday, SBP’s reserves decreased by $219.8 million, marking a 2.85 per cent drop to $7.49 billion. This reduction was primarily due to debt repayments.

Pakistan railway PIA losses
Pakistan
  • Zahid Gishkori
  • Sep 08, 2023
Losses of eight state-owned entities surges to Rs2,201billion

The combined financial losses incurred by eight government entities that operate at a deficit have surged, reaching a staggering Rs2,201 billion. Among these entities are prominent names like Pakistan Steel Mills, Pakistan International Airlines (PIA), and the Pakistan Railways (PR).

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