Fbr Deals With A Rs 255 Billion Tax Deficit In The First Five Months Of Fy25

FBR Deals with a Rs. 255 Billion Tax Deficit in the First Five Months of FY25

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The Federal Board of Revenue (FBR) is expected to fall short of its tax collection goal by more than Rs. 255 billion in the first…

Business is booming: Pakistan bags Top 10 ranking in business environment improvement

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Pakistan is becoming a more business-friendly place, a fact that is now being backed up by its impressive surge through the international rankings in terms…

Pakistan’s startup ecosystem rises to second position in South Asia

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The Pakistani startup space has had an incredible year, having moved up the ladder to 75th position worldwide and 2nd in the South Asian region,…

Pakistan’s IT sector exports outperform all other sectors, with a 5 yearly revenue growth of 18.85%

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According to the annual Pakistan Economic Survey FY 2020-21, during the first two quarters of FY 2020-21, the overall investment in the Telecom sector exceeded…

94% of Pakistanis have no idea what GDP is

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We talk quite a fair bit here about how Pakistan’s economy is faring, especially ever since the global coronavirus pandemic which had a tremendous impact…

Facebook says reliable internet connectivity is critical to Pakistan’s economic development

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In an online seminar titled “Urban Connectivity Solutions for an Inclusive Digital Economy” organised by Facebook in collaboration with local partners, Facebook’s Director, Network Investments…

Pakistan’s economy to rebound this year: Asian Development Bank

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Pakistan’s economic growth is expected to rebound this year before gaining pace in 2022 said the Asian Development Bank, as business activity in the country…

Damning World Bank report says 30% Pakistanis will slip into poverty & food insecurity will triple

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A damning World Bank report has revealed that over 30% of Pakistan’s rural population is slipping into poverty, while unemployment is also rising. The report…

Pakistan’s GDP to grow 1.3% in FY2021: World Bank

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Pakistan’s GDP growth is expected to reach 1.3 percent in the fiscal year ending June 2021, according to a statement released by the World Bank…

Pakistan’s economy reaches its peak production levels, record growth of 9.1% reported

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The Minister for Industries and Production, Hammad Azhar, has announced that large scale manufacturing, including automobiles, textile, sugar, and medicine, in Pakistan has grown by…

Despite COVID-19, Pakistan economy moving in the right direction: PM Imran Khan

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Prime Minister Imran Khan believes that despite the massive burden of debt and the challenges posed by the global coronavirus pandemic, the nation’s economy is…

Remittances to Pakistan to reach an all-time high of $28bn this year: report

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This will be a massive year for remittance inflows to Pakistan. According to a recent report on the nation’s economy, Pakistan is expected to receive…

Pakistan’s economy is coming back on track: SBP

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According to a report issued by the State Bank of Pakistan (SBP), Pakistan’s economy started to regain its pre-COVID trajectory during the first quarter (Q1)…

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