Pakistan's trade deficit widened at a faster pace of 37% to $15.5 billion in five months of the current fiscal year after exports plunged and imports grew in double digits amid disruption in the export of oranges due to suspension of trade with Afghanistan. The Pakistan Bureau of Statistics (PBS) reported on Tuesday that the gap between imports and exports reached $15.5 billion during the July-
Taking cue from the response of international clients in the recent food exhibition, FoodAg 2025, the horticulture sector is outlining a three-year plan to boost the country's fruit, vegetable, and value-added exports from $700 million to $2 billion. Addressing a press conference at the PFVA office, Waheed Ahmed, Patron-in-Chief of the Pakistan Fruit and Vegetable Exporters, Importers and Merch
Prime Minister Shehbaz Sharif on Tuesday gave instructions to take up the issue of reduction in some of the income taxes with the International Monetary Fund (IMF) after his income tax panel proposed a Rs975 billion relief package for corporate and salaried classes. The recommendations include reducing the tax burden on the salaried class by 25%, abolishing the income tax surcharge and withdraw
A three-member Chinese delegation from Tianjin Chuanhui Group visited the Board of Investment’s Project Management Unit (PMU) for CPEC on December 1, as a follow-up on the Prime Minister-led Pak-China B2B Investment Conference in Beijing, where an MoU was signed to enhance bilateral industrial cooperation. For its implementation phase, an orientation meeting was held with BOI and relevant ministri
Pakistan’s fintech sector is witnessing a dramatic upswing, with investments jumping from USD 12.5 million in 2023 to USD 26.3 million in 2024, and surging further to USD 52.5 million in just the first six months of 2025 According to Forbes, Pakistan’s fintech landscape is experiencing remarkable momentum as government-led reforms, policy stability, and digitalization initiatives continue to boost