Tue, 21-Oct-2025

Oil sales record 14 per cent growth

Oil sales

KARACHI: The overall oil sales recorded an increase of 14 per cent to 14.5 million tonnes during the first eight months of fiscal year 2022 owing to the higher agricultural and trading activities, Oil Companies Advisory Council (OCAC) data showed. During the period under review, furnace oil (FO) sales surged by 14 per cent on … Read more

SBP increases Workers’ remittances by a significant 50.7%

Pakistan’s Total Liquid Foreign Reserves Stand at US$ 23.02 billion

The State Bank of Pakistan (SBP) has increased Workers’ remittances by a significant 50.7% during June 2020 to reach record high USD 2,466.2 million compared with USD 1,636.4 million in June 2019. Similarly, on a cumulative basis, workers’ remittances increased to a historic high level of USD 23,120.7 million during FY20, witnessing a growth of … Read more