A spike was noted in trade deficit for the second consecutive month as merchandise trade deficit mounted to $4.05 billion in August against $1.74 billion over the corresponding month last year.
Economy
Inflation rates rises by 0.06% on a month-on-month basis.
Core inflation slows to 6.3% in urban areas in August.
Analysts expect the State Bank of Pakistan to maintain the policy rate in September.
FBR to achieve annual tax collection target of Rs5,829 billion comfortably, PM Imran Khan.
Premier shares tax collection figures from July and August – the first two months of the current fiscal year.
Says FBR exceeded its own target by 23%.
Pakistan International Airlines upheld its past track of demonstrating massive losses and reported huge losses of 25.01 billion rupees for the first six months of the fiscal year 2020-21.
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District Governor (D-3272 Pakistan) Saifullah Ejaz Ch. was the Chief Guest, DGE Adnan Saboor Rohaila was the Guest of Honor, PDG Dr. Mansoor ul Haq, PAG Masrur Sheikh and so many Senior Rotarians and Club Presidents from more than 20 clubs graced the meeting by their presence.