Business

Karachi, June 09, 2023 (PPI-OT): Economic Survey FY23: Closing the year of unprecedented challengesThe Pakistan Economic Survey for FY23 (PES-FY23) was released yesterday, releasing key economic analysis on the outgoing year, with a press conference le...

The post JS Securities Limited – JS Research (09-06-2023) appeared first on Pakistan Business News.

Karachi, June 09, 2023 (PPI-OT): FY23 Economic Survey: Exogenous factors pose a challengeFY23 GDP growth has been estimated at 0.29% for FY23, compared to 6.1% recorded in FY22 and the target of 5% GDP growth for the year. The slowdown in the economy h...

The post AKD Securities Limited – AKD Daily appeared first on Pakistan Business News.

The State Bank of Pakistan (SBP), said yesterday that, its foreign exchange reserves had decreased by 179 million U.S. dollars.During the week ending on Jun 2, the total foreign exchange reserves of the Pakistani central bank fell to around 3.9 billion...

The risks to the Federal Board of Revenue (FBR) revenue outlook are unprecedented import compression, a slowdown in economic activity, and litigation of important revenue measures in the High Courts and the Supreme Court.The Economic Survey (2022-23) ...

Islamabad, June 08, 2023 (PPI-OT): President Islamabad Chamber of Commerce and Industry Ahsan Zafar Bakhtawari has said that the government should consult with the business community to determine the working hours of the markets. Imposing a unilateral ...

The post Government should determine the working hours of the markets in consultation with the business community: Ahsan Zafar Bakhtawari appeared first on Pakistan Business News.

Karachi, June 08, 2023 (PPI-OT): Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Wednesday that the IMF...

The post Business community will cooperate in reviving economy: Mian Zahid Hussain appeared first on Pakistan Business News.

The foreign exchange reserves held by the central bank declined by 4.3 percent on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday.On June 2, the foreign currency reserves held by the SBP were recorded at $3.9...