Currency dealers said the imposition of WHT would promote the black market and further encourage smuggling of the foreign currency from Pakistan, leading to more pressure on exchange-rate and Pakistan can face crisis of dollars.
Economy
Minister said that autonomy of the central bank is aimed at making SBP free from political influence
In the IMF board approves the package for Pakistan on Jan 28, 2022, the fund would hand over about $1 billion to State Bank of Pakistan in next two/three days
According to Nepra, the government wants to increase the electricity prices for all slabs.
the assets of the Islamic banking industry increased to Rs 4.269 trillion, while deposits reached Rs 3.389 trillion by the end of December 2020. The financing of the Islamic banking industry has also grown by 16 percent during 2020.
, an alternate plan to manage is essential for the financing of $45 to $50 billion over the next 18 months if all the state institutions skip the IMF loan on a permanent basis.
Now foreign job seekers can easily search details of overseas job opportunities with Licensed Overseas Employment Promoters and stay away from some mafias who were looting the innocent youth in the name of giving jobs in foreign countries.
In 2021, the mill has shown 795 million rupees net financial losses in comparison with 886 million rupees losses in 2020 crushing season. Operating loss of the mill was 680 million rupees in 2021 crushing year, almost equal to Rs 695 million loss in 2020.