Employees at a fuel station attend to their customers in Islamabad on February 16, 2022. — AFP/FilePetrol price jumped from Rs393.35 to 399.86.HSD price now stands at Rs399.58 per litre. Rs28.69 per litre levy imposed on diesel.The federal government on Thursday raised the…
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Pakistan’s trade deficit balloons nearly 46% to $3.3bn
A representational image shows a general view of Karachi Port. — AFP/FileDeficit to strain foreign reserves, fuel rupee volatility, note experts.They say goods trade gap underscores structural export weakness.Warn that deficit can derail stabilisation gains under IMF programme.
Pakistan revises barter trade mechanism with Iran, Russia, and Afghanistan
Barter transaction period extended from 90 to 120 days.Private firms permitted to form trade consortia.ECC approved amendments to the mechanism earlier this month.
Pakistan has implemented a revised business-to-business Barter Trade Mechanism with Iran, Russia, and Afghanistan…
PAC grills FBR, industry ministry over sugar crisis
PAC Chairman Junaid Akbar chairs the committee meeting at the Parliament House in Islamabad, on February 19, 2025. — OnlineFBR asked why SRO granted sudden tax relief.1.3 million tonnes sugar surplus, committee told.Exported sugar earned over $400 million forex.