The inaugural EU-Pakistan Business Forum is set to take place in Islamabad from May 14-15 to enhance economic cooperation, according to a joint announcement by the government and European Union delegation on Tuesday. The EU is the largest single market in the world and the largest destination for Pakistani ex-ports. The EU is also the world’s largest foreign investor representing 42 per cent of
The Ministry of Finance on Tuesday said the inflation rate is anticipated to range between 1 and 1.5 per cent in March — the lowest in years — before slightly increasing up to 3pc in April. “Inflation is anticipated to remain within the range of 1-1.5pc for March 2025 and inching up to 2-3pc in April 2025,” said the finance ministry in its Monthly Economic Update & Outlook (March 2025). The
The Pakistan Business Council (PBC) has urged the government not to make hasty decisions on reducing customs duties without comprehensively studying the implications on imports and unemployment. In a meeting with the secretary commerce and senior officials of the ministries of commerce, industries, finance and the Federal Board of Revenue (FBR) in Islamabad on Tuesday, PBC Chief Executive Ehsan
Despite declining returns, foreign investors parked over $1 billion in the Treasury Bills (T-bills) in the first eight months of FY25. However, 84 per cent of this inflow left the country during the same period, according to data released by the State Bank of Pakistan (SBP) on Tuesday. The short-term T-bill tenors remained the key attraction, as most inflows came from the United Kingdom and
The National Assembly Standing Committee on Commerce on Tuesday raised concerns over 1,000 containers stuck at the ports due to changes in the Export Facilitation Scheme (EFS) and asked for its early resolution. The committee meeting, chaired by MNA Muhammad Jawed Hanif Khan, also proposed to extend the tenure of elected representatives of the Federation of Pakistan Chambers of Commerce and Ind