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Business

Web Desk
Jul 20, 2024

Scheduled banks’ deposits jump 22 per cent in one year

The total deposits held by scheduled banks in Pakistan have surged by 22.0 per cent year-on-year (YoY), reaching Rs31.12 trillion in June 2024, compared to Rs25.51 trillion in June 2023.

Business

Web Desk
May 18, 2024

Pakistan records $358.84 million FDI inflow in April

Foreign Direct Investment (FDI) into Pakistan experienced a remarkable surge, marking a substantial increase of 172 per cent in April 2024 compared to the corresponding period in the previous fiscal year.

Business

Web Desk
Mar 19, 2024

Pakistan’s services trade deficit decreases by $57 million

Pakistan’s service sector saw a $158 million trade deficit, marking a 52.27 per cent decrease from the previous month.

Business

Web Desk
Mar 06, 2024

Banks in Pakistan record 1.26% increase in monthly deposits

The total deposits held by scheduled banks in Pakistan have witnessed a robust year-over-year increase of 21.66 per cent.

Business

Web Desk
Feb 26, 2024

Banks see 21% increase in overall deposits, surpassing Rs27 trillion

The total deposits held by scheduled banks in Pakistan witnessed a surge of 21.03 per cent, reaching Rs27.54 trillion.

Business

Web Desk
Feb 12, 2024

SBP data reveals over 27% surge in central govt debt

The latest data released by the State Bank of Pakistan (SBP) reveals a notable increase in the central government’s total debt.

Business

Web Desk
Dec 18, 2023

Pakistan records first current account surplus since June

In a noteworthy turnaround, Pakistan’s current account, after enduring four consecutive months of deficits, reported a surplus of $9 million in November 2023.

Business

Web Desk
Nov 20, 2023

Pakistan’s current account deficit shrinks by 91% YoY in October

On an annual basis, the current account deficit exhibited a noteworthy improvement, with a 91 per cent year over year (YoY) decrease, as it amounted to $849 million in the corresponding month last year.