Tag: Pakistan Economy
-
State Bank’s Foreign Exchange Reserves Increase
Overview of the Latest Reserves Update In a significant yet modest development for Pakistan’s financial landscape, the foreign exchange reserves held by the State Bank of Pakistan (SBP) saw an uptick of $34 million during the week that ended on September 5, 2025. This change brings the total reserves to $14.3 billion, marking a crucial…
-
Pakistan’s SBP Forex Reserves Increased to $14.34 Billion
Overview of Pakistan’s Forex Reserves As of September 5, 2023, the foreign exchange reserves held by the State Bank of Pakistan (SBP) have shown a positive trend, increasing by $34 million to reach $14.336 billion. This significant rise in reserves reflects the ongoing efforts of the central bank to stabilize the country’s economy in a…
-
State Bank’s Reserves Rise Marginally by $34 Million
Overview of Pakistan’s Foreign Exchange Reserves Pakistan’s foreign exchange reserves have seen a slight uptick, reflecting a modest improvement in the financial landscape. As of September 5, 2025, the State Bank of Pakistan (SBP) reported an increase of $34 million, bringing its total reserves to $14.3 billion. Recent Trends in Foreign Exchange Reserves This rise,…
-
SBP Forex Reserves Increase by $34 Million to $14.34 Billion
Overview of SBP Forex Reserves The State Bank of Pakistan (SBP) announced on Thursday that the country’s foreign exchange reserves have seen a notable increase. As of September 5, 2023, the reserves rose by $34 million, bringing the total to $14.336 billion. This rise is significant as it reflects the financial health and stability of…
-
FBR’s Ambitious Plan to Boost Tax-to-GDP Ratio to 18%
Introduction The Federal Board of Revenue (FBR) of Pakistan has recently unveiled a comprehensive transformation plan intended to significantly increase the country’s tax-to-GDP ratio from 10.24% to 18%. This ambitious initiative aims not only to enhance fiscal stability but also to bolster economic growth in the region. Understanding the Tax-to-GDP Ratio The tax-to-GDP ratio is…
-
FBR’s Plan to Enhance Pakistan’s Tax-to-GDP Ratio
Introduction The Federal Board of Revenue (FBR) of Pakistan has initiated a transformative plan aimed at significantly increasing the country’s tax-to-GDP ratio from the current 10.24% to 18%. This ambitious target, presented in a briefing to prominent business leaders in Islamabad, seeks to bolster the nation’s economic stability and foster sustainable growth. The Current Tax…
-
FBR’s Vision to Boost Tax-to-GDP Ratio to 18%
Introduction In a significant move aimed at revitalizing Pakistan’s economy, the Federal Board of Revenue (FBR) has recently unveiled an ambitious transformation plan. This plan seeks to elevate the country’s tax-to-GDP ratio from its current level of 10.24% to an impressive 18% within the medium term. By engaging with leading business figures, the FBR is…
-
Pakistan’s Historic Rs2.6 Trillion Debt Repayment Ahead of Schedule
In a remarkable achievement for Pakistan’s economic landscape, the Advisor to the Finance Minister, Khurram Schehzad, announced on Sunday that the country has successfully repaid a staggering Rs2.6 trillion in public debt significantly ahead of the scheduled timeline. This early repayment marks a pivotal moment for Pakistan, showcasing the government’s commitment to stabilizing the nation’s…