May 20, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

EFF

Need to keep remittances elevated

Need to keep remittances elevated

EDITORIAL: After the good news of imports dropping almost 40pc month-on-month in July comes the bad news of...
Published 21 Aug, 2022 05:16am
Import ban on luxury items lifted
Print

Import ban on luxury items lifted

  • A ‘mini-budget’ unveiled ahead of IMF board meeting
  • Henceforth, luxury goods to be heavily taxed
  • Govt imposes further tax of Rs36bn on tobacco industry, 5pc sales tax & 7.5pc income tax on small retailers
Updated 19 Aug, 2022 09:25am
Annus horribilis?
Opinion

Annus horribilis?

Mr Market clearly didn’t need more than a minute to believe Finance Minister Miftah Ismail when he said that the...
Updated 18 Aug, 2022 03:06pm
IMF announces staff-level agreement with Pakistan
Pakistan

IMF announces staff-level agreement with Pakistan

  • Subject to Board approval, about $1.177bn will become available
  • IMF says Pakistan plans to undertake comprehensive review of anti-corruption institutions (including the National Accountability Bureau) to enhance effectiveness in investigating and prosecuting corruption cases
Updated 14 Jul, 2022 10:13am
IMF explains how country can realise its export potential
Print

IMF explains how country can realise its export potential

  • Pakistan needs proactive policies – exchange rate flexibility, efficient allocation of resources, elimination of untargeted subsidies, and creating a conducive business environment, says Resident Representative Esther Perez
Updated 07 Jul, 2022 11:11am
PKR makes gains
Markets

PKR makes gains

KARACHI: The rupee ended the previous week with a 1.3% gain against the US dollar in the inter-bank market as...
Published 04 Jul, 2022 06:17am
Economy: bleak scenario
Opinion

Economy: bleak scenario

Our current grim economic situation is a result of multiple factors—undoubtedly some decisions/inactions by the...
Published 24 Jun, 2022 06:15am