Tag Archives: Latest

Luxury items’ import ban to save precious foreign exchange: PM | The Express Tribune

Prime Minister Shehbaz Sharif on Thursday said that the decision to ban the import of luxury items will save the country’s precious foreign exchange, vowing to take similar measures to overcome the economic challenges at hand. “We will practice austerity and financially stronger people must lead in this effort so …

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Rupee surpasses 200 against dollar during intra-day trade | The Express Tribune

KARACHI: The Pakistani rupee surpassed the much-feared Rs200 against the US dollar in intra-day trade in the inter-bank market on Thursday. The rupee lost Rs2.41 to Rs200.80 at around 1:45 pm compared to Wednesday’s close at Rs198.39. According to reports, Prime Minister Shehbaz Sharif expressed surprise over the free-fall in …

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With 6% growth rate, Pakistan’s economic size jumps to $383b | The Express Tribune

ISLAMABAD: Fueled by imports and consumption, Pakistan’s economic growth rate accelerated to 6% during the last year of Imran Khan’s government  – the highest pace in four years – helping to increase the size of the nation’s economy to $383 billion besides jacking up per-capita income. The provisional Gross Domestic …

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PSX drops by over 1,000 points due to govt inaction | The Express Tribune

KARACHI: The Pakistan Stock Exchange (PSX) dropped by over 1,000 points immediately after opening on Monday as the government’s inaction over the growing economic crisis mounted selling pressure on the bourse. After the 2.4% drop, the PSX benchmark KSE-100 Index declined to a two-month low at 42,443 points at around 10:22 am. Finance Minister Miftah …

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Govt not increasing petrol prices ‘for now’: Miftah | The Express Tribune

ISLAMABAD: Finance Minister Miftah Ismail on Sunday dismissed speculations regarding an increase in the prices of petroleum products, saying the government led by Prime Minister Shehbaz Sharif has no immediate plans to hike the fuel prices. Addressing a press conference in Islamabad, the finance minister admitted that the government was …

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The one-stop webshop for all your farming needs | The Express Tribune

PUBLISHED May 15, 2022 KARACHI: Agriculture forms the backbone of Pakistan’s economy but the communication gap between the farmers and stakeholders has long limited the market’s potential, resulting in reduced production. Farmers have consistently been left out of profit making in the agricultural industry and continue to rely on agents, …

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