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SBP abolishes cash margin requirement on imported items

KARACHI: The State Bank of Pakistan (SBP) on Friday abolished the dollar cash margin requirement on imports from March 31, ARY News reported. Experts claimed...

US trade deficit widens in 2022 to record on strong imports

The US trade gap widened to a record in 2022, though expanding less than expected in December, government data said Tuesday, capping off the...

State Bank takes back prior-approval condition for imports

KARACHI: The central bank has withdrawn the condition of prior approval for imports and directed banks to give priority to imports of food, pharmaceuticals,...

Remittances drop, exports grow in 10 months of 2022 – Economic outlook report

ISLAMABAD: Pakistan's exports, remittances, current account deficit, and industrialization dropped in the first 10 months of 2022, the Economic Outlook report showed, ARY News...

Cabinet approves imports of urea, wheat: sources

ISLAMABAD: The federal cabinet has approved the Economic Coordination Committee’s (ECC) decisions to import nearly $300 million worth of urea fertiliser and wheat through...

Argentina to tighten import controls to preserve dollars-sources

BUENOS AIRES: Argentina will regulate import authorizations more closely in an effort to prevent fraud and preserve reserves of U.S. dollars, Economy Ministry sources...

Trade deficit rose by 28.89pc in August 2022, shares PBS data

ISLAMABAD: The Pakistan Bureau of Statistics (PBS) on Friday shared that a 28.89 percent increase in trade deficit is seen during August 2022 as...

Miftah Ismail again hints at allowing imports from India

ISLAMABAD: Finance Minister Miftah Ismail has once again hinted at allowing import of food items from arch-rival India, saying that more than one international...

Miftah Ismail says imports witnessed decrease in July

ISLAMABAD: Minister for Finance and Revenue Miftah Ismail on Sunday said incumbent government's efforts to reduce imports have finally borne fruit. In his tweet, Miftah...

Trade deficit increased by 57.85% in last 11 months

Pakistan's trade deficit in the 11 months of the fiscal year 2021-22 has increased up to $43.33 billion, which was $27.44 billion in the...

Gold imports surge by 160 percent in three quarters

The gold imports were recorded at $15.474 million during July-March 2021-2022

Pakistan’s exports jump 33pc to Rs4 trillion in three quarters

The main export commodities were petroleum products, garments, food items and cotton yarns.

ECC approves revision in premium on diesel, petrol imports

ISLAMABAD: Economic Coordination Committee (ECC) of the Cabinet here on Friday approved revision in the premium on diesel and petrol imports. The special meeting of...

October’s economic outlook highlights hike in remittances, imports, exports     

ISLAMABAD: Finance ministry on Monday released a monthly economic outlook for the month of October 2021, highlighting an increase in remittances, imports, exports, tax...

October 2021 sees highest-ever monthly exports: Shaukat Tarin  

ISLAMABAD: Adviser to Prime Minister on Finance Shaukat Tarin Monday said that the country's exports have achieved another milestone with the highest ever exports...

Monthly economic outlook highlights hike in remittances, exports, imports   

ISLAMABAD: Finance ministry on Tuesday released a monthly economic outlook for the month of August 2021, highlighting an increase in remittances, imports, exports and...

October exports grow 2.1pc rebounding to ‘pre-COVID level’

According to the provisional trade data for the month of October, the exports stood at US$2,066 million as compared to US$2,024 million last year

Trade deficit soars to $5.8b for recent quarter: PBS

The Federal Bureau of Statistics released on Monday the quarterly figures of Pakistani current account status noting $5.8 billion in deficit

Exports, imports decline during August 2020 in Pakistan, shows PBS report

The trade deficit also recorded a decline of nine percent in August this year.

Finance ministry releases monthly economic outlook for July 2020

FBR tax collection and workers' remittances surged during the fiscal year 2019-20, showed the report.
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