According to the most recent statistics from the Pakistan Bureau of Statistics (PBS), Pakistan’s exports decreased in April 2025, while imports increased.Exports in April 2025 was Rs611,289 million (provisional), down 17.48% from Rs740,800 million in March 2025 and 6.52% lower than Rs653,957 million in April 2024. In US dollars, exportsRead More →
Imran Khan, the former Prime Minister of Pakistan, has been nominated for the coveted Nobel Peace Prize, “in recognition of his contributions to human rights and democracy in Pakistan.” Partiet Sentrum, a Norwegian political party, announced the nomination, confirming that it had collaborated with an eligible nominator to submit Khan’sRead More →
The spring and Eid-Al-Fitr vacations were declared by the federal government. According to specifics, a notification released by the relevant authorities states that educational institutions would not be open throughout the Eid and spring vacations. The period of the shutdown was set for March 31–April 4, 2025. The notification affirmedRead More →
Finance Abbot Senator Muhammad Aurangzeb has declared that the Pakistan Crypto Council (PCC) marks the alpha of a new agenda affiliate for the country’s economy. Chairing the council’s aboriginal meeting, Senator Aurangzeb was abutting by key stakeholders, including the CEO of the Council, Bilal Bin Saqib, the Governor of theRead More →
Loss-making State-Owned Enterprises (SOEs) reported total losses of Rs. 851 billion in FY 2023-24, a 14.03 percent decrease year on year. According to the Ministry of Finance’s most recent aggregate annual report on SOEs, after accounting for government subsidies of Rs. 782 billion and grants of Rs. 367 billion, netRead More →
Concerned about the absence of consultation and its consequences for press freedom, journalist organizations in Pakistan have vehemently protested recent modifications to the Prevention of Electronic Crimes Act (PECA). The amendments were rejected and their immediate withdrawal demanded by a joint action committee that included the Pakistan Federal Union ofRead More →
The government’s actions have resulted in a considerable drop in Hajj expenditures as compared to the previous year. Sources claim that a 40-day Hajj package has been priced at Rs1.05 million under the government program. A shorter-duration Hajj package will cost Rs1.1 million each participant. At first, it was projectedRead More →
The Punjab government fiercely opposed the plan to rename Gaddafi Stadium. Punjab Bank issued a report to the Finance Department requesting that Gaddafi Stadium be renamed, which the Punjab Chief Minister disapproved. The Bank of Punjab proposed renaming it Cricket Arena, while another proposed renaming it Bank of Punjab CricketerRead More →
The State Bank of Pakistan stated that the government paid $27.6 million in external debt, resulting in a $27.60 million reduction in foreign exchange reserves to $11.44 billion and 87 million dollars. According to the central bank’s weekly Foreign Exchange Reserves report, commercial bank deposits hit 4.74 billion dollars, aRead More →
ISLAMABAD: On Thursday, the Federal Board of Revenue (FBR) approved the entrance of Azerbaijani registered cars conveying transit and bilateral commerce cargo into Pakistan. The FBR issued SRO.25(I)/2025 on Thursday to notify the Azerbaijan-Pakistan Transit Trade Rules 2024 under the Azerbaijan-Pakistan Transit Trade Agreement, 2024, for the processing of transitRead More →