A brief on Economy
• Exports in January have increased by 26.9% to $2.786 billion from $2.195 billion in Jan 2023. • The imports...
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GoP executed Exploration Licences & PCA for 8 blocks with UEP,OGDCL,POL,PPL
Ceremony was graced by Muhammad Ali, Petroleum Minister, Dr Jahanzaib Khan, SAPM, DG SIFC, Major General Tabassum Habib, National Coordinator...
Some positive developments in Pak today
-FDI up 540% in Dec23, 35% in Jul-Dec period -Current A/c for Dec23 shows $397mn surplus (Jul-Dec deficit down to...
Pakistan’s current account in December 2023 recorded a surplus of $397 million vs. a deficit of $365 million in December 2022
Pakistan's H1Fy24 Current account deficit shrinks to $831 mn vs a deficit of $3.629 bn H1FY23 Rs adjustment, Tight monetary...
Remittances at $2.4 bn in Dec 23 up by 5.4 % m/m & 13.4 % on y/y.
Pakistan's remittance mostly comes from: Saudi Arabia: $577.6 mn UAE: $419.2 mn UK: $368.0 mn USA: $263.9 mn https://twitter.com/khaqannajeeb/status/1744955205525905848?s=48&t=G-cOBg7EkX_kBYa6eWDKdw
In the first half of the fiscal year 2023-24, Pakistan’s economy has achieved significant milestones, showcasing robust growth and positive trends
1. PR Earnings Soar: Public Relations earnings have surged in the first half of F23-24, reflecting increased confidence and success...
FBR Restructuring decisions
1. Tax policy functions taken away from FBR and is to rest with Revenue Division headed by a federal secretary....
PBS DATA 6MFY23 shows a contraction in trade deficit by 34% YOY to $11.15 bn vs 16.9bn.
Exports in Dec 23 up by 22% YOY to $2.8 bn Imports Dec 23 down 12% YOY to $4.5 bln...
Positive Economic Developments for Pakistan, 1-31st December 2023.
https://twitter.com/peconomist_/status/1741743586977411402?s=46&t=acdH_3FYdV6tkban3yTFCg
