Finance
Finance
Overseas Workers send USD 38.3 Billion highest ever Remittance in FY 25
There is no doubt that Pakistani overseas workers have sent up to USD 38.3 billion in FY 25, as it is the highest ever remittance inflow for Pakistan.
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Pakistan Commercial Banks are illegally charging cash withdrawals Taxes on filers
Pakistani commercial banks are illegally charging taxes on filers for withdrawing cash via ATM or check, as the government of Pakistan and FBR do not mention charging filers for withdrawing cash.
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Most 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.
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Pakistan 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.
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Pakistan 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.
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Significant 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.
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Gov 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.
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Pakistan 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.
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Government 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.
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FBR 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.
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Senate 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.
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Pakistan 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.
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Overseas Workers send USD 38.3 Billion highest ever Remittance in FY 2511 Jul, 2025
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