Fiscal Year 2023-24 Archives

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Fiscal Year 2023-24

Tag: Fiscal Year 2023-24

Business Latest

Web Desk
Feb 03, 2024

Pakistan records 33% reduction in trade deficit, boosted by export surge

In a promising economic development, Pakistan witnessed a significant 33 per cent reduction in its trade deficit, reaching $13.167 billion.

Business

Shahzad Paracha
Jan 30, 2024

Pakistan allocates Rs4,220 billion for interest payments in 1HFY24

The government has allocated a substantial sum, amounting to Rs4,220 billion, for interest payments in 1HFY24.

Business

Web Desk
Jan 28, 2024

Pakistan expects to collect highest-ever taxes in FY2024

The International Monetary Fund (IMF) has lauded the Federal Board of Revenue (FBR) for its performance in expanding Pakistan’s tax net.

Latest

Web Desk
Jan 28, 2024

OGRA yet to decide on gas price hike for FY24

OGRA clarified that it has not recommended any adjustments to the gas tariffs for utility companies at this point in time.

Business

Web Desk
Jan 04, 2024

Pakistan generates $225 million from export of travel services: PBS report

Pakistan generated $225.083 million through the provision of diverse travel services across various countries in the initial four months of the fiscal year 2023–24.

Business

Web Desk
Jan 02, 2024

Pakistan’s machinery imports surge by 6.36%: PBS report

Tthere has been a notable surge of 6.36 per cent in imports within the machinery group, as disclosed by the Pakistan Bureau of Statistics.

Business

Web Desk
Dec 31, 2023

Pakistan sees substantial drop in car and motorcycle imports

The import of completely knocked-down (CKD) and semi-knocked-down (SKD) products into Pakistan has witnessed a substantial decrease.

Business

Web Desk
Dec 29, 2023

Spice exports from Pakistan increase by more than 19%

The exports of spices from Pakistan have experienced a notable uptick, marking a substantial increase of 19.21 per cent.

Business Pakistan

Web Desk
Dec 16, 2023

Pakistan’s major industries witness over 4% decline in output

In a recent report released by the Pakistan Bureau of Statistics (PBS), the output of the Large Scale Manufacturing Industries (LSMI) experienced a notable decline of 4.08 per cent in October 2023 when compared to the same month in 2022.

Business

Web Desk
Dec 13, 2023

Pakistan seeks $4.5 billion boost from global sources, excluding IMF

Caretaker Federal Minister for Finance, Revenue, and Economic Affairs, Dr Shamshad Akhtar, has disclosed that Pakistan aims to secure approximately $4.5 billion from both multilateral and bilateral sources, excluding the International Monetary Fund (IMF), in the ongoing fiscal year 2023–24.