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In the fiscal year 2023-2024, Pakistan’s exports of vegetables and fruits amounted to a total value of $773.23 million.

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In the financial year ending on June 30, 2024, Pakistan’s vegetable exports amounted to 1.126 million metric tons, with a total value of $430.055 million. This represents a decrease compared to the previous year, where exports reached 1.336 million metric tons valued at $300 million.

According to the Pakistan Bureau of Statistics, vegetable exports from the country increased by 43.20% during the period from July to June 2024, compared to the same period in the previous year.

During the recent financial year, the exports of fresh fruits increased by 21.31%, with over 935,631 metric tons worth $343.532 million being exported. This is compared to the exports of 627,133 metric tons valued at 283.188 million in the same time of the previous year.

Pakistan experienced a rise in exports during the fiscal year 2023-2024.

In the fiscal year ending on June 30, 2024, the total exports of food groups increased by 46.77 percent. Food commodities worth $7.369 billion were shipped, compared to $5.021 billion in the year 2022-23.

Conversely, food products worth 7.903 billion were imported in the fiscal year 2023–24, compared to imports worth $8.936 billion in the corresponding period of the fiscal year 2022–23.In the financial year ending on June 30, 2024, Pakistan’s vegetable exports amounted to 1.126 million metric tons, with a total value of $430.055 million. This represents a decrease compared to the previous year, where exports reached 1.336 million metric tons valued at $300 million.

According to the Pakistan Bureau of Statistics, vegetable exports from the country increased by 43.20% during the period from July to June 2024, compared to the same period in the previous year.

During the recent financial year, the exports of fresh fruits increased by 21.31%, with over 935,631 metric tons worth $343.532 million being exported. This is compared to the exports of 627,133 metric tons valued at 283.188 million in the same time of the previous year.

Pakistan experienced a rise in exports during the fiscal year 2023-2024.

In the fiscal year ending on June 30, 2024, the total exports of food groups increased by 46.77 percent. Food commodities worth $7.369 billion were shipped, compared to $5.021 billion in the year 2022-23.

Conversely, food products worth 7.903 billion were imported in the fiscal year 2023–24, compared to imports worth $8.936 billion in the corresponding period of the fiscal year 2022–23.

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The total amount of Pakistan’s liquid foreign reserves is $15.95 billion.

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As of February 14, Pakistan’s total liquid foreign reserves were $15,947.9 million, with the State Bank of Pakistan’s (SBP) holdings being $11,201.5 million.

Official figures for the week ending February 14, 2025, show that the central bank’s liquid foreign exchange reserves rose by $35 million to $11,201.5 million.

Commercial banks maintained net foreign reserves of $4,746.4 million during the period under review, according to the breakdown of foreign reserves.

The nation’s total liquid foreign reserves as of the week ending February 07, 2025, were $15,862.6 million.

Of these, the central bank held $11,166.6 million in foreign reserves, while commercial banks kept $4,696 million in net reserves.

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In January 2025, RDA inflows reach 9.564 billion USD.

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Remittances under the Roshan Digital Account (RDA) increased from US $9.342 billion at the end of 2024 to US $9.564 billion by the end of January 2025.

The most recent data issued by the State Bank of Pakistan (SBP) revealed that remittance inflows in January totaled US$222 million, compared to US$203 million in December and US$186 million in November 2024.

Millions of Non-Resident Pakistanis (NRPs), including those who own a Non-Resident Pakistan Origin Card (POC), desire to engage in banking, payment, and investing activities in Pakistan using these accounts, which offer cutting-edge banking options.

Nearly 778,697 accounts were registered under the scheme by the end of January 2025, according to the data.

By the end of January, foreign-born Pakistanis had contributed US $59 million to Roshan Equity Investment, US $479 million to Naya Pakistan Certificates, and US $799 to Naya Pakistan Islamic Certificates.

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FBR lowers Karachi’s built-up structure property valuation rates

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A year-by-year breakdown of the depreciation value of residential and commercial built-up properties is included in the updated property valuation rates for Karachi that the FBR has announced.

The notification said that built-up structural values on residential property will be gradually reduced.

A residential home’s built-up structure, which is five to ten years old, will lose five percent of its worth.

In a similar vein, constructions between the ages of 10 and 15 will lose 7.5% of their value, while those between the ages of 15 and 25 would lose 10%. Built-up structures that are more than 25 years old will be valued similarly to an open plot.

Furthermore, age will also be used to lower the valuation of built-up properties, such as apartments and flats.

Structures that are five to ten years old will depreciate by ten percent, while those that are ten to twenty years old will depreciate by twenty percent. A 30% depreciation will be applied to properties that are 20 to 30 years old, while a 50% reduction will be applied to those that are above 30 years old.

In terms of commercial built-up properties, buildings that are 10 to 15 years old will lose 5% of their value, while those that are 15 to 25 years old will lose 8%. The value of properties that are more than 25 years old will drop by 10%.

In contrast, there would be a 15% boost in the value of commercial properties in the Defence Housing Authority (DHA) that face any Khayaban.

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