The defence minister discounted the threat to the PTI government and the prime minster, saying the opposition parties were destined for a crushing defeat and the long march will fail to dislodge the government.
Economy
Sharp increase in the current account deficit in January-2022 negates the government and the SBP forecasts of reduction in CAD from Jan-June 2022.
Analysts said the stock markets have become vulnerable in this scenario because the western countries are imposing sanctions on Russia while crude oil price is escalating to around $100/barrel amid full-scale war fears.
“The rupee wins for a small period versus the dollar, but most of the time the US currency remains dominant”
Bank of Punjab and Standard Chartered Bank profits indicating robust banking in Pakistan
Portugal is not charging any tax on Bitcoin as a result of which several cryptocurrency holders and investors are shifting there
PIA’s second flight to Baku will take off from Lahore in March
During the months of July through January, the country exported $10.9 billion worth of textile items, according to PBS. Compared to the same month last year, textile exports brought in $1.55 billion in revenue.