Recently, KCCI Research published a report: FY20 – KCCI Outperforms in Challenging Times

In the report titled FY20 – KCCI Outperforms in Challenging Times KCCI fought on all fronts for ensuring ease of doing business. It launched relentless efforts in the areas of policy environment,taxation and much more.Even during COVID-19, KCCI persuaded the government to reprioritize its resources to protect the business and industrial community in order to save the economy.Even though KCCI had been advocating for solving Karachi’s woes, especially in the areas of infrastructure development and provision of uninterrupted supplies of utilities, the chamber shifted gears after torrential rains in the city uncovered the scale of the problems for Karachiites.

Govt did not consult ahead of announcing fuel subsidy proposal: IMF

Pakistan authorities did not consult with the International Monetary Fund (IMF) staff ahead of announcing their recent fuel subsidy proposal, the lender’s resident representative said. “The IMF is seeking greater details on[…]

FDI plunges 40pc to $784m in July-Feb

Pakistan’s foreign direct investment (FDI) decreased 40.4 percent to $784.4 million in eight months of the current fiscal year, the central bank data showed on Monday. The FDI fell 11 percent year-on-year to $101 million in[…]

Current account deficit shrinks to smallest in 23 months in Feb

Pakistan’s current account deficit dipped to a near two-year low in February as the administrative controls and depreciation of rupee reduced imports, data from the State Bank of Pakistan (SBP) showed on Monday.[…]

$7.407bn borrowed from multiple financing sources in 8 months

The government has borrowed $7.407 billion from multiple financing sources, including $900 million from foreign commercial banks, during the first eight months (July-February) of 2022-23 compared to $12.178 billion[…]