Economy

Tobacco Industry Declaring Misleading Statistics About Decline in Production, Say Activists

The tobacco industry is deliberately declaring misleading statistics about the decline in the declared production of cigarettes to pressurize the policymakers in the upcoming budget (2023-24).This was the crux of the day-long seminar organized by the …

Economy

SBP Reserves Fall by $119 Million in One Week

The foreign exchange reserves held by the central bank declined by 2.7 percent on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday.On May 19, the foreign currency reserves held by the SBP were recorded at $4.1…