Haris Zamir

13 million Pakistanis fell into poverty last year due to inflation, economic crisis: World Bank
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13 million Pakistanis fell into poverty last year due to inflation, economic crisis: World Bank

Findings suggest that in 2024, the poverty rate stands at 25.3%, an increase of seven percentage points compared to 2023

Pakistan bank earnings to reduce 10% in 2024
Business

Pakistan bank earnings to reduce 10% in 2024

Higher corporate tax rate expected to impact banking sector

Pakistan increases standard tax on banks to 44%; hints at future reductions
Business

Pakistan increases standard tax on banks to 44%; hints at future reductions

Additional tax for not meeting ADR abolished

Pakistan's fuel oil exports rise 75% in first 5 months of FY25
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Pakistan's fuel oil exports rise 75% in first 5 months of FY25

Govt has been discouraging usage of fuel oil for years to run electricity generation plants, forcing refineries to export the shipments

Pakistan stock market likely to see volatile week
Markets

Pakistan stock market likely to see volatile week

Index to consolidate over improving key economic indicators

Pakistan, India among world's top recipient of remittances in 2024
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Pakistan, India among world's top recipient of remittances in 2024

Recovery of job markets in high-income countries of OECD key driver of remittances, says World Bank report