Finance
FinanceMost of Pakistani Bank Accounts Holders Has Less than 50,000 PKR
It is reported by some news websites, including ProPakistani, that only around3% of bank account holders in Pakistan hold more than PKR 1 million, according to data from the country’s central bank.
ContinuePakistan Stock Exchange Ends at 130,334 points, which is the Highest Ever
Today the Pakistan Stock Exchange has broken all previous records, as the Pakistan Stock Exchange, which is also known as PSX, ended today at 130,334 points.
ContinuePakistan Posted Trade Deficit of USD 2.3 Billion for June 2025
It is a much-needed reform for Pakistan, as its trade deficit is lower compared to the same month last year, and it is around USD 2.3 billion.
ContinueSignificant increase in Petrol Price In Pakistan due to Global Conflict
The government of Pakistan has been notified of a significant price increase for petroleum products due to the Iran-Israel war.
ContinueGov of Pak Secures USD 3.4 Billion loan via Rollover due to IMF Commitment
It is expected that Pakistan will not be able to secure a China rollover externally, which amounts to USD 3.4 billion.
ContinuePakistan after a decade lost nearly USD 2.6 Billion in a Week
After a decade or so, in just 1 week, Pakistan's forex reserve has declined to around USD 2.6 billion due to external debt repayments.
ContinueGovernment allows up to PKR 100 Million Cash Withdrawal for Non Filer
This is the biggest U turn of this government as they have taken a step back from blocking all the non filers account and now they will allow up to PKR 100 million withdrawal for non filers.
ContinueFBR Eases Transaction limits for Non Filers for Property and Car Purchase
The government of Pakistan and the FBR proposed to ban current accounts and savings accounts of non-filers in Pakistan.
ContinueSenate Agreed with FBR to increase the limit of Property Purchase for Non filer
It is reported that the Senate rejected the proposal of the FBR to stop property purchases by non-filers, and such a proposal could impact the finances of the common person.
ContinuePakistan Posted CAD of US 103 Million for the Month of May
As expected, Pakistan has posted a current account deficit of US 103 million due to low interest rates and falling exports.
ContinueSBP Maintains Interest Rate at 11% due to Iran and Israel War
The State Bank of Pakistan has held the interest rate steady at 11% due to the ongoing war between Iran and Israel in the Middle East.
ContinueSenate Rejects the Proposal for Power To Arrest in Tax Fraud Case
It is reported that the Senate Standing Committee on Finance has rejected the proposal of the FBR to arrest taxpayers in tax fraud cases without a court order.
Continue