In this photo, an overview shows tankers parked outside a local oil refinery in Pakistan’s port city of Karachi. — AFP/fileOgra denies reports of fuel shortage across Pakistan.Two petrol and diesel vessels cleared to stabilise supply.Authority says import clearance delays have now…
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Remittances, lower services imports boost country’s current account surplus
A foreign currency dealer counts US dollars at a shop in Karachi, on May 19, 2022. — AFP/FileCurrent account surplus reached $427 million in February.External account stabilised with adequate buffers, says govt adviser.Khurram Schehzad terms it key milestone for economic…
Pakistani workers’ remittances surge to $3.5bn in January
A currency exchange dealer holds dollars in his hands. — AFP/FileJanuary inflows hit record level for month.KSA, UAE remain largest remittance sources.FY26 inflows seen strengthening external account stability.
Pakistani workers’ remittances climbed sharply to $3.5…
FBR reduces Islamabad property valuation rates by 30-35%
An undated image of the Federal Board of Revenue building in Islamabad. — APPFor buildings older than five years, rate lowered to Rs1,200.In C-15, rates brought down to Rs17,500 per square yard.In E-11, rates range between Rs70,000 and Rs100,000.
ISLAMABAD: The Federal…