Economy
Trade volume between Iran and Pakistan could expend to 13bln dollar
Karachi, February 25, 2020: A high-level delegation of Tehran Chamber of Commerce & Industry (TCCI) headed by Chairman Masoud Khansari along with Consul General of Iran Ahmed Mohammadi called on Korangi Association of Trade & Industry (KATI) here on Tuesday. President KATI Sheikh Umer Rehan, Senator Abdul Haseeb Khan, Chairman & CEO KITE Zubair Chhaya,…
Pakistan making sound economic policies: IMF
Karachi, February 14, 2020: Pakistan has made considerable progress in the last few months in advancing reforms and continuing with sound economic policies. According to a Statement issued by IMF at the Conclusion of the IMF Mission to Pakistan, all end-December performance criteria were met, and structural benchmarks have been completed. Steadfast progress on program…
Pakistan post 2.3 percent fiscal deficit in 1HFY20
Karachi, February 14, 2020: The government has reported a fiscal deficit of 2.3 percent of GDP in first half of this fiscal year (1HFY20) compared to a fiscal deficit of 2.7 percent of GDP in same period of last fiscal year (1HFY19). Importantly though, the primary balance during the period clocked in at 0.7 percent…
Economic confidence sees a bounce in Pakistan for Q4 2019
Karachi, January 21, 2020: A survey of nearly 100 senior accountancy experts on economic conditions in Pakistan shows a marked increase in economic confidence during the last three months of 2019, recovering strongly to above both its long run and recent average levels. However, the global report Global Economic Conditions Survey (GECS), jointly published by ACCA (the Association of…
Finance, Revenue, Economic affairs divisions resolved 95pc PCP complaints
Islamabad, January 17, 2020: The Finance, Revenue and Economic Affairs Divisions have resolved around 42,444 complaints or 94.7 percent of the total grievances received through Pakistan Citizen’s Portal (PCP) regarding the matters concerning these divisions. As many as 44,554 complaints were received by these divisions through Pakistan Citizen’s Portal (PCP), official data revealed, showing that…