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Pakistan’s remittances from overseas workers saw a significant rise of 29% in December 2024, totaling $3.08 billion, compared to the previous year. This increase reflects a 6% rise from November 2024. Year-on-year, December remittances surged by 29.3%, reaching $2.38 billion. Finance Minister Muhammad Aurangzeb anticipates a record-high of $35 billion in remittances for FY 2024-2025.
Jamaat-e-Islami has demanded a reduction in income tax rates for the salaried class, highlighting that Rs391 billion has already been collected from them in the first nine months of the…
Pakistan’s inflation rate dropped to 0.28% in April 2025 — the lowest level in 60 years — driven by falling food, transport, and utility costs. The Consumer Price Index saw…