Foreign Reserve

Wednesday, 24 April 2024

Latest News for: Foreign reserve

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People will have to pay taxes: Aurangzeb

The News International 24 Apr 2024

The finance minister said that foreign exchange reserves currently stand at $8 billion, while Pakistan would also receive $1.1 billion IMF tranche ... “After making payment of Eurobond with interest, now we have foreign exchange reserves of $8 billion.”.

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Aurangzeb promises bold energy, taxation reforms

Dawn 24 Apr 2024

It expected official foreign exchange reserves to touch $10bn by June from less than $8bn now. Speaking at a business conference, Finance Minister Muhammad Aurangzeb said the foreign exchange reserves ...

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Foreign loan target missed amid major slippages

Dawn 24 Apr 2024

... only $10.8bn throughout the year — about 46pc of the target — because of the suspension of the IMF programme, leaving a $11.8bn slippage, resulting in depletion of foreign exchange reserves.

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Shortage of labourers behind fallowing land

Kuensel 24 Apr 2024

Foreign labour been explored as a solution ... Farmers said that hiring foreign workers could effectively revive fallow land nationwide and increase production ... import of foreign labourers,” he said.

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Pakistan’s Economic Struggles Impact Its Healthcare System

Khaama Press 24 Apr 2024

Nonetheless, the economic challenges continue to reflect in the healthcare sector, with a reported increase in the cost of medical treatments and a scarcity of imported drugs and medical equipment due to dwindling foreign currency reserves ... .

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No Plan B to IMF bailout: Aurangzeb

The News International 24 Apr 2024

Minister for Finance and Revenue Muhammad Aurangzeb delivered a keynote address at Leaders in Business Summit Islamabad on April 23, 2024. — PID ... He said foreign exchange reserves were expected to go up close to $10 billion till the end of June 2024 ... .

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The North American Peace Movement at an Inflection Point

Antiwar 24 Apr 2024

> ... Likewise, opinions are coalescing around recognizing that there is just one superpower with hundreds of foreign military bases, possession of the world’s reserve currency, and control of the SWIFT worldwide payment and transaction system ... K.J ... .

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Navigating your tax obligations when buying property in SA as a foreigner or expat

Independent online (SA) 23 Apr 2024

Bank loans, for instance, are, according to Reserve Bank rules, only granted at 50% of the purchase price to foreign buyers. So foreign investors will either need to provide a 50% deposit, or pay cash ...

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Pakistan's economy on right track for robust growth: minister

China.dot.org 23 Apr 2024

Over the last few months, the foreign exchange reserves of the country have witnessed an upward trajectory, and the performance of the Pakistan Stock Exchange remained remarkable, he said, underlining ...

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Rupee falls against dollar for second day

The News International 23 Apr 2024

... foreign money for imports and other obligations,” a currency dealer said ... Additionally, he anticipated that by the end of this fiscal year, the SBP's foreign exchange reserves will be $9–10 billion.

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POSITIVE OUTLOOK FOR RINGGIT THIS YEAR - ANALYST

Malaysian National News Agency 23 Apr 2024

Saktiandi Supaat, head of foreign exchange research and strategy, global markets at Maybank Singapore said that with the US ...

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Pakistan's foreign exchange reserves would reach 'anywhere between USD 9 to USD 10 billion' by end of June: Finance minister

The Times of India 23 Apr 2024

Pakistan's foreign exchange reserves ...

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Govt promoting interest-free economy, Islamic banking in line with FSC verdict: FinMin

The News International 23 Apr 2024

He detailed that Pakistan’s foreign exchange reserves stood at $8 billion, which depends on interest. The FSC judgement, which was reserved by a three-member bench, issued in April 2022 gave the ...

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PPL boosts production output

The News International 23 Apr 2024

... through cost-effective measures, is poised to significantly narrow the energy demand and supply gap while saving valuable foreign exchange reserves for the nation.".

photo: Creative Commons