Fiscal Year 2023-24 Archives

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Fiscal Year 2023-24

Tag: Fiscal Year 2023-24

Business

Web Desk
Dec 13, 2023

SNGPL appeals for gas price hike amidst revenue shortfall projections

Sui Northern Gas Pipelines Limited (SNGPL) has formally requested the Oil and Gas Regulatory Authority (OGRA) for an upward revision in its average prescribed gas price, proposing an increase of Rs506.35 per MMBTU, effective July 1, 2023.

Pakistan

Web Desk
Dec 09, 2023

Overseas workers’ remittances to Pakistan hit $2.3 billion

In the last month, overseas workers’ remittances to Pakistan reached $2.3 billion, as reported by the State Bank of Pakistan (SBP).

Business Pakistan

Web Desk
Dec 08, 2023

Pakistan earns over $206 million by providing transport services

In the initial quarter of the fiscal year 2023–24, Pakistan generated a total of $206.928 million through providing diverse transport services in various nations.

Business

Web Desk
Dec 01, 2023

Pakistan’s exports to China soar with nearly 80% YoY growth

Pakistan’s exports of goods and services to China experienced a notable surge, marking a significant increase of 40.36 per cent.

Business Pakistan

Web Desk
Dec 01, 2023

Pakistan’s trade deficit shrinks by 13.16% in November

Pakistan’s trade deficit demonstrated a notable improvement, standing at $1.89 billion and witnessing a 13.16 per cent reduction.

Business

Web Desk
Nov 24, 2023

Motorcycle, three-wheeler sales drop by over 10% in Pakistan

The sale of motorcycles and three-wheelers in Pakistan experienced a 10.1 per cent decline during the initial four months of the current fiscal year (2023–24) when compared to the corresponding period last year.

Business

Web Desk
Oct 17, 2023

Pakistan receives $3.52 billion in loans and grants in first quarter of FY24

In the initial quarter of the fiscal year 2023–24, Pakistan acquired a substantial financial boost, garnering a total of $3.52 billion in financial assistance.

Business

Web Desk
Oct 16, 2023

Pakistan’s industrial output increases to 8-month high in August

In August 2023, Pakistan’s Large Scale Manufacturing Industries (LSMI) experienced a significant 8.44 per cent month-on-month growth, marking the most substantial increase since December 2022, according to the latest report from the Pakistan Bureau of Statistics (PBS).

Business

Web Desk
Oct 10, 2023

Pakistan receives $2.2 billion in September remittances

In September 2023, Pakistan received a substantial influx of remittances totaling US$2.2 billion, as reported by the State Bank of Pakistan.

Business

Web Desk
Oct 07, 2023

Pakistan records more than 5% increase in exports to China

In the initial two months of the fiscal year 2023-24, Pakistan experienced a considerable surge in its exports to China, according to the State Bank of Pakistan (SBP).