Daily Archives: August 10, 2017

Trade deficit widens by 55.46pc in first month of 2017/2018

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ISLAMABAD: Pakistan’s balance of trade started with deficit of $3.2 billion in the first month of 2017/2018, which was higher 55.46 percent when compared with the same month of the last fiscal year, according to data released by Pakistan Bureau of Statistics (PBS) on Thursday.

FBR notifies transfers, postings of BS-17-20 IRS officers

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ISLAMABAD: Federal Board of Revenue (FBR) on Thursday notified transfers and postings of Inland Revenue Service (IRS) officers of BS-17 to BS-20 with immediate effect until further orders.

Remittances grow by 16pc in July 2017

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KARACHI: Remittances sent home by overseas Pakistanis have registered 16 percent growth in the first month of current fiscal year. The overseas Pakistani workers remitted $1.541 billion in the first month (July) of 2017/2018 as compared with $1.328 billion received during the same month in the preceding year, State Bank of Pakistan (SBP) said on Thursday.