Daily Archives: July 1, 2017

Imports reaches a historic peak: SBP

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KARACHI: State Bank of Pakistan (SBP) on Friday said that the imports continued to surge and reached a historic peak of $38.5 billion in July-March 2016/2017.

GDP growth hits decade-high in FY17: State Bank

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KARACHI: The growth in real GDP remained at its upward trajectory, and increased to a decade-high of 5.3 percent in 2016/2017, said State Bank of Pakistan’s third quarterly report on the State of Pakistan’s Economy released on Friday.

FBR raises sales tax on petrol to 20.5pc

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ISLAMABAD: Federal Board of Revenue (FBR) has increased sales tax on petrol to 20.5 percent, which will be applicable during July 2017.