Non-resident inflows push foreign currency deposits higher
Foreign currency deposits rose nearly $70 million in August, helped by stronger non-resident holdings despite an annual decline.
Foreign currency deposits rose nearly $70 million in August, helped by stronger non-resident holdings despite an annual decline.
FBR extends EV tax relief until June 2027, while imposing higher duties on expensive electric cars and SUVs.
The government is weighing new taxes, spending cuts and stronger enforcement to offset revenue lost from a lower petroleum levy.
Pakistan has cut customs duties on imported mobile phones, offering relief on premium smartphones and other handsets for buyers.
ADB targets October to complete ML-1 design, bringing Pakistan’s long-awaited railway modernisation project closer to implementation.
Oil prices held above $100 a barrel as escalating US-Iran attacks heightened fears of prolonged Middle East supply disruptions and tighter markets.
The iPhone 18 Pro and Apple’s first foldable iPhone could cost significantly more in Pakistan during the initial weeks after launch.
Global oil prices crossed $100 a barrel as Middle East tensions intensified, raising fresh concerns over supply disruptions and energy security.
Pakistan’s government has stepped up debt repayments, retiring Rs2.24 trillion so far this fiscal year, SBP data shows.