Economy of Pakistan @Pakistanomy
Providing the latest updates & guidance about the economy, investments in Pakistan, stock market and people who influence the economy. Pakistan Joined March 2020-
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Indeed we need investment on Human Resource not only on infrastructure!
Indeed we need investment on Human Resource not only on infrastructure!
Foreign vloggers on TikTok/YouTube express frustration over security forces constantly shadowing them, hindering their freedom. Similar concerns are voiced by foreign cricketers, who find excessive security intimidating. Ensuring safety for all should be a priority, not focused.
Men feel pressured to handle finances alone and delay marriage, while women hesitate to contribute financially or pursue employment. Inflation exacerbates challenges for both genders.
Men feel pressured to handle finances alone and delay marriage, while women hesitate to contribute financially or pursue employment. Inflation exacerbates challenges for both genders.
In a sweeping move, Prime Minister Shehbaz Sharif has decisively removed 25 high-ranking officers from the Federal Board of Revenue. Their removal comes amidst grave concerns raised by three intelligence agencies regarding their financial integrity and competence.
Weekly inflation reported at 26.94%. *year on year comparison Source: Pakistan Bureau of Statistics
Unilever 🇵🇰's sales dropped from Rs10.6 billion in Jan to Mar 2023 to Rs8.76 billion in the same period of 2024. Profit also declined from Rs3.35 to Rs1.82 billion. This trend aligns with the ongoing movement in 🇵🇰 & 🌏 against companies implicated in genocide, inc. Unilever.
Pakistan Stock Exchange Leads Globally with 79% USD-based Return on KSE100 Index The PSX has clinched the title of the world's top-performing stock market, boasting an impressive 79% return on the KSE100 index in USD terms over the past year.
Pakistan's Bureau of Statistics shares only 7% of Pakistanis are officially unemployed. Yet, a grim truth by asking around: An astounding 70% of the nation's youth are either without work or desperately seeking employment. This alarming trend across all over big & small cities.
Question to a Stock Broker: How is the market moving up quickly this time, whereas it struggled to do so even with a 6% growth rate in 2021, and 6.1% in 2022. Also, expectations for the next year are only 3.5% at most? Answer: In 2021, the market saw a surge in participation…
A European tourist entered Pakistan through Balochistan & was quite annoyed by the police & security forces following them until Lahore. Videos clearly highlight a sense of insecurity. To attract tourists, we need to provide them with freedom & safety everywhere.
*Pakistan’s exports data from the State Bank of Pakistan.
Exports Pakistan 🇵🇰 March 2022: $3.01 Billion March 2023: $2.42 Billion March 2024: $2.51 Billion Change: -$500 Million🔻 Bangladesh 🇧🇩 March 2022: $4.76 Billion March 2023: $4.64 Billion March 2024: $5.10 Billion Change: +$340 Million📈 India had positive change of billions
Due to heavy smuggling & tax evasion. Most common cigarettes in Islamabad these days are Milano, made in UAE. In every pack, Pakistan is losing employment, tax collection & industrialisation opportunity.
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@Pakistanomy Why invest in human resource when we want to give intellect no respect when all research is regarded as a waste when new ideas are not even entertained by @geonews_english @DunyaKKKS etc. So no please no more education. Hire foreign consultants and live happily.
@ZubairKhanPK Thanks for highlighting it. Kya shady stuff hai ? Current account was $600 mn surplus. SBP bought majority of it in, and borrowed the rest to keep the reserves afloat.
Have submitted following suggestions at mentioned link too For your delibrations @voice_kpra @MuzzammilAslam3
KPRA has drafted rules and regulations under the Khyber Pakhtunkhwa Sales Tax Act 2022. KPRA would appreciate to incorporate your suggestions and recommendations in the draft rules and regulations. Kindly submit constructive feedback till 06-05-2024. bit.ly/rr-fd
dawn.com/news/1828268 Context: Pakistan is looking to sell 25% Reko Dik’s stake for 1 billion $ cash investment. According to conservative estimates, the mine is to generate a minimum of 250 billion $ revenue at the current rates of gold/copper. Additional context: as the…
@Pakistanomy Please be active. You have got one of the best informative accounts I know on twitter.
@Pakistanomy After such a long gap. Why are you not tweeting
@javedhassan @adnanrazanaqvi Sir g, read it second time and you will digest it 😁. Our approach to the crisis is always short-term that’s why learning from the past is not the choice in the menu.
@Pakistanomy I understand that but the more people we educate the better the chances of 1 day having a transparent system
GSP+ Pakistan is the biggest beneficiary of the GSP + Among all the other countries For the GSP Plus the following document details the 27 major conventions the country should adhere to commerce.gov.pk/wp-content/upl…
Correction - reportedly more people migrated for work from Bangladesh vs Pakistan in 2023 1.3 mn in Bangladesh vs 0.84 mn in Pakistan during 2023 Source old.bmet.gov.bd/BMET/viewStatR… beoe.gov.pk/reports-and-st…
The gap between Pakistan and Bangladesh remittances is thinning - this is despite the fact that more people are leaving Pakistan for better employment opportunities.
@Sallu_gooner Pta nai KP main tou asa koi card hi nai hai bus apka CNIC hi apka Sehat card hai.
@Pakistanomy So, one can forecast increase in petrol/electricity prices in near future.
@Pakistanomy There are many articles online. This can be a good starting point for you. It depends whether you bought stocks for trading with a particular date range in mind or as long term investment. This is a good starting point. I use 45% value instead of 25% islamicfinanceguru.com/articles/how-t…
@Pakistanomy My limited knowledge: Once you attain the status of being the one to pay Zakat, you have to pay annual Zakat on the date you calculate your Zakat. On all asset you hold, with few exceptions. It doesn’t matter the subject asset is one day or one year old.
@Pakistanomy Check Zoya app and website. Stocks traded frequently are to be treated as traded goods and zakar is 2.5% of value. Stocks held for long term are investments and you only pay 2.5% on current assets per share of the company you own via stocks
@Pakistanomy As per my understanding: Once u r sahib e nisab, all the money added over the year will be accountable for zakat even if 1 yr is not passed on added money. For valuation purposes, take market of shares on day when u r calculating zakat.
Netherland's Prime Minister cycles to meet Denmark's Ambassador Europe, Tiger Asia's average person has decent quality of life as they focus more on actual issues while 🇵🇰's Orya Maqbool Jan kind distract us from holding the rich, powerful accountable
Mohammed Hijab, Anjem Choudary, Farhat Hashmi crop of extremism preachers never voluntarily give up West's passport, let their capital, self, loved ones be stuck helplessly in 'Islamic Republic of Pakistan' this clip is so upsetting 😢 but a normalized reality for you and I 💔
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