What exactly Board Record?

Depending on the aim of the survey, the content meant for the aboard report must be interesting and informative. Nevertheless , the content must be balanced and should cover both…

Flood-relief goods exempted from duty, taxes

The government has exempted duty and taxes on local and international supply of goods for flood-relief operations. The Federal Board of Revenue has clarified in a notification on Tuesday, September…

IMF approves $1.1 billion tranche release to Pakistan

The International Monetary Fund (IMF) Executive Board revived the stalled programme and approved the combined 7th and 8th reviews and release of $1.1 billion tranche under the Extended Fund Facility…

ADB to provide technical assistance to Pakistan for attracting investment in infrastructure

The Asian Development Bank (ADB) will provide technical assistance to Pakistan on a grant basis to support its efforts to create an environment for infrastructure financing and public-private partnership at…

Pakistan economy has seen drastic changes in 75 years

The Finance Ministry report, released on August 13, says the structure of Pakistan’s economy has drastically changed since the country’s inception in 1947 with industry and then services sector dominated…

Pakistan, Turkiye sign preferential trade agreement

Pakistan and Turkiye have signed a preferential trade agreement (PTA) to boost trade in certain products between the two countries. The PTA will come into effect from January 1, 2023.…

Pakistan’s trade deficit with region expanded in FY22

Pakistan’s trade deficit with the region expanded during FY22 as a result of huge imports, the latest data released by the State Bank of Pakistan showed. Pakistan’s exports to nine…

SBP reverses cash margins on imports

The State Bank of Pakistan (SBP) on August 5 reversed the cash margins on imports from 100 per cent to 25 PC and in some cases to zero. “To provide…

Govt decides to change oil prices on daily exchange rate

The government has decided in principle to change the pricing mechanism for petroleum products and narrow down its period to cater for the fast changing currency exchange rate and minimise…