In Oct’23, FBR tax collection amounted to PKR 707bn, marking a YoY increase of 37%, and exceeding the designated target by PKR 3bn (Target: PKR 704bn). During 4MFY24, the Federal Board of Revenue (FBR) managed to collect PKR 2,748bn in revenue, indicating a 28% YoY growth. It surpassed the assigned target of PKR 2,682bn by PKR 67bn. #Pakistan #Economy #AHL
Arif Habib Limited’s Post
More Relevant Posts
-
Arif Habib Limited is proud to have served as the Advisor to the Initial Offering (IO) for Burj Clean Energy Modaraba, successfully facilitating the issuance of 10% of its certificates. The Modaraba is primarily engaged in renewable power development focusing on both utility-scale IPPs and Distributed Generation solutions for Industrial, Commercial, and Residential scale customers. This milestone marks the launch of Pakistan’s first Shariah Compliant Green Energy Fund. The Gong Ceremony celebrates the official listing on the GEM Board of the Pakistan Stock Exchange, signifying a pivotal moment in advancing clean energy investment and development in Pakistan. #Gongceremony #BurjCleanEnergyModaraba #PSX #AHL #Pakistan
-
-
*Macroeconomic indicators in Pakistan show signs of significant improvement during FY25-todate* * With Sep’24 recording a 44-month low inflation of 6.9%, average inflation in 1QFY25 dropped to 9.2% (compared to 29.0% in 1QFY24), driven by lower food prices, high base effect, and reduced global commodity prices. * As inflation eased, the policy rate was lowered to 17.5% by the end of Sep'24, leading to a substantial drop in money market yields across all tenors, which now range between 12-15%, down from last year's peak of 23-25%. This marks the lowest level since 3QFY22. * External account improved as the current account deficit declined, supported by exports reaching USD 7.9bn, the sixth highest quarterly figure in 1QFY25. * SBP foreign reserves increased to USD 10.8bn —the highest since Apr'22. This rise in reserves has played a crucial role in stabilizing the PKR against the USD, which slightly appreciated by 0.23%. #SBP #Pakistan #Economy #AHL
-
-
Weekly Market Review #Market #Weeklyreview #psx #AHL #Pakistan
-
Arif Habib Limited is proud to receive the prestigious Excellence Award for Best Financial & Equities House from the President of Pakistan, Mr. Asif Ali Zardari. This recognition reflects our unwavering commitment to innovation, excellence, and the trust of our valued clients. Together, we continue to shape the future of Pakistan's financial industry. #ExcellenceInFinance #AwardWinning #FinancialLeadership #AHL #Pakistan
-
-
The Sensitive Price Index (SPI) for the week ended 10-Oct-2024 recorded an increase of 12.74% YoY and decline of 0.08% WoW. #PBS #Inflation #Pakistan #Economy #AHL
-
