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Economy

Ballooning trade deficit

Pakistan’s trade deficit rose to $23.38 billion during the first nine months (July-March 2017) of the current fiscal year, up by 38.80 percent from $16.84 billion for the same period a year before. Provisional trade data released by the Pakistan …

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Revenue collection surpasses targets

Positive government policies and efforts help increase revenue collections/tax net The persistent efforts supported by facilitating policies of the government enabled the tax collecting agencies to achieve and surpass the revenue targets as a result more than 20% increase in …

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Pakistan-Qatar economic relations

Pakistan-Qatar relations refer to the bilateral links between the Islamic Republic of Pakistan and the State of Qatar. Pakistan has an embassy in Doha while Qatar maintains an embassy in Islamabad and a consulate-general in Karachi. Relations between the two …

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Bahrain to work on mega projects under CPEC

Pakistan set roadmap to boost trade, investment with Bahrain Pakistan and Bahrain would increase economic partnership under China-Pakistan Economic Corridor (CPEC) through mega projects of regional connectivity. The government of Pakistan had laid the foundation of economic engagements with Pakistan …

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