State Bank lifts curbs ISLAMABAD: The State Bank of Pakistan (SBP) removed all curbs on imports to meet another major condition of the International Monetary Fund (IMF). The SBP issued …
imports
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Economy
DHL suspends ‘Import Express Product’ in Pakistan from March 15
by Umar Sohailby Umar SohailA global logistics company, DHL, stated on Monday that it will temporarily halt its operations in Pakistan owing to the government’s restrictions on outbound remittances. DHL Pakistan DHL Pakistan has …
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EconomyInternationalLatest Updates
Iran’s exports to America show 18 times stunning growth in 2022
by Umar Sohailby Umar SohailThe quantum of bilateral trade between the two countries, nonetheless, remains very low because of their enmity and the US sanctions on Iran but their trade indicates improvement in their …
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National
Miftah Ismail: Government will limit imports for next three months
by Hamza Irshadby Hamza IrshadFinance Minister Miftah Ismail said on Friday that the government would control imports for the next three months, even if that meant growth would be slower. “I won’t let imports …
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EconomyLatest Updates
Federal Govt abolishes ban on import of luxury items and non-essential items
by Umar Sohailby Umar SohailSome restrictions will remain in place on the import of cars built-up automobiles, cellphones, and home appliances.
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The fall of the Pakistani rupee to Rs228 per US dollar has made economic worries worse and sent shockwaves through the country. When the rupee falls, industries that use imported …
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EconomyLatest UpdatesNationalPolitics
Trade Deficit Grows 70% To $35.4 Billion
by Hamza Irshadby Hamza IrshadThe import bill increased by 26 percent to $56 billion in the fiscal year 2020-21 from $44.6 billion in fiscal year 2019-20.
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EconomyLatest UpdatesNational
Pakistan Textile Exports Jump 25pc In July-January
by Hamza Irshadby Hamza IrshadDuring the months of July through January, the country exported $10.9 billion worth of textile items, according to PBS. Compared to the same month last year, textile exports brought in …
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EconomyLatest Updates
Here’s Why Curbs on Imports Will Not Help Improve Pakistan’s Trade Balance
by Umar Sohailby Umar SohailStagnating exports and not rising imports are to blame for Pakistan’s yawning trade deficit, says a new World Bank report.
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EconomyExclusiveLatest UpdatesNational
Pakistan missed exports target, trade deficit exceeds $15 billion During July-Oct 2021
An alarming issue is that the national imports expanded by 64 percent during Jul-Oct 2021 and increased to $25 billion as against to $15.2 billion during Jul-Oct 2020. Thus, in …