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CA declines sharply 32 pc in FY19

Islamabad, July 17, 2019: Pakistan’s current account deficit declined sharply 32 percent during the last fiscal year (FY19) due to regulatory reforms to cut the import bill. According to State Bank of Pakistan (SBP), Pakistan current account deficit was $ 13.587 billion in FY19 compared to $19.897 billion in FY18, showing a declined of $…

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Govt has taken measure for enhancing the economic activities, imran ismail

Governor sindh given assurance to PCDMA for the solution of their problems and meeting with concerned department. Discrimination in taxes causes billions of rupees revenue losses, uniform taxes will be applied for commercial and industrial importers ,Shahid Vaseem Karachi, July 17, 2019: Imran Ismail, Governor Sindh, has said that govt. has taken maximum resources for…

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Sindh Bank & Summit Bank Under Attack

Karachi, July 17, 2019: Panic gripped among the customers and stakeholders of the two banks — Sindh Bank and Summit Bank — as the government ministers imposed allegation on the banks declaring them as Benami Banks developed purposefully for exercising money laundering. Customers of the two banks are getting worried from the serious level allegation…

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Govt. imposes ban on wheat exports

Islamabad, July 17, 2019: Adviser to Prime Minister on Finance and Revenue, Dr Abdul Hafeez Shaikh, chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet, here today. A report on the wheat situation in the country was presented in the ECC by Ministry of National Food Security and Research. It was briefed…

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