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The Pakistan Stock Exchange (PSX) achieved a historic milestone as the benchmark KSE-100 Index surged past the 97,000-point mark for the first time. A...
A historic milestone has been reached in Pakistan-Bangladesh trade relations with the arrival of Pakistan’s first direct cargo ship at Chittagong Port in Bangladesh,...
ISLAMABAD: The Federal Board of Revenue (FBR) has launched a targeted initiative against unregistered wealthy individuals, including non-filers and those declaring zero income, following...
The federal government has decided to abolish corporate income tax (CIT) exemption in compliance with International Monetary Fund (IMF) condition. The decision will be...
On 31st December 2020, Pakistan’s external debt and liabilities rose to USD 115.8 billion. Pakistan’s foreign debt touched to a record level at USD...
China became European Union’s largest trading partner leaving the United States behind in 2020. The covid-19 pandemic has reduced trade between Europe’s key partners....
IMF Staff and Pakistan Reach Staff-Level Agreement on the Pending Reviews Under the Extended Fund Facility. IMF staff and the Pakistani authorities have reached...
Pakistan plans to ask China for relief on payments for power projects Beijing financed over the past eight years, the latest developing nation that’s...
Part 2 of 2 Debt Relief COVID-19 has severely damaged the economies of both rich and poor countries, more so of the LICs, hampering...
As per the latest developments, Pakistan’s trade deficit has witnessed a rise of 8.27% reaching $14.96 billion in the first seven months of the...
The world economy was already witnessing a synchronised downturn even before the outbreak of COVID-19. The outbreak has simply dealt a major blow to...