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Business Recorder
17-05-2025
- Business
- Business Recorder
Pakistan April exports down 17.66% to $2.178bn MoM
ISLAMABAD: Pakistan exports witnessed a decrease in April whereas country's import increased, says Pakistan Bureau of Statistics (PBS). The data of exports and imports released by PBS revealed exports from Pakistan during April 2025 amounted to Rs611,289 million (provisional) against Rs740,800 million in March 2025 and Rs653,957 million during April 2024 showing a decrease of 17.48 per cent over March, 2025 and of 6.52 per cent. The PBS data reveals that the exports in April, 2025 totalled $2,178 million (provisional) as compared to 2,645 million in March, 2025 showing a decrease of 17.66per cent over March 2025 and of 7.36per cent as compared to $ 2,351 million in April 2024. Jul-Apr exports up 6.25pc to $26.859bn YoY Exports during July–April 2024-25 totalled Rs7,495,497 million (provisional) against Rs7,171,883 million during the corresponding period of last year showing an increase of 4.51per cent. In terms of US dollars, the exports during July–April 2024 - 2025 totalled $26,896 million (provisional) against $25,278 million during the corresponding period of last year showing an increase of 6.40per cent. Main commodities of exports during April 2025 were knitwear (Rs93,448 million), readymade garments (Rs84,968 million), bed wear (Rs54,922 million), rice others (Rs45,070 million), cotton cloth (Rs35,474 million), towels (Rs23,748 million), made-up articles (excl towels and bedwear), (Rs15,302 million), fish and fish preparations, (Rs13,470 million), basmati rice (Rs12,840 million) and petroleum products (excl top Naphta) (Rs12,811 million). Imports into Pakistan during April, amounted to Rs1,575,176 million (provisional) as againstRs1,352,310 million in March 2025 and Rs1,347,817 million during April 2024 showing an increase of 16.48per cent over March 2025 and of 16.87per cent. In terms of US dollars, the imports in April 2025 totalled $ 5,611 million (provisional) as compared to $ 4,828 million in March 2025 showing an increase of 16.22per cent over March, 2025 and of 15.79per cent as compared to $ 4,846 million in April, 2024. Imports during July–April 2024 - 2025 totalled Rs13,463,700 million (provisional) as againstRs12,732,232 million during the corresponding period of last year showing an increase of 5.75per cent. In terms of US dollars, the imports during July – April, 2024 - 2025 totaled $48,292 million (provisional) as against $44,900 million during the corresponding period of last year showing an increase of 7.55per cent. Main commodities of imports during April 2025 were petroleum crude (Rs151,470 million),electrical machinery and apparatus (Rs150,199 million), petroleum products (Rs139,114 million), palm oil (Rs83,674 million), iron and steel (Rs70,923 million), natural gas liquefied (LNG) (Rs66,043 million), plastic materials (Rs64,101 million), raw cotton (Rs56,960 million), iron and steel scrap (Rs42,018 million) and motor cars (CKD/SKD) (Rs38,687 million). Copyright Business Recorder, 2025


Business Recorder
17-05-2025
- Business
- Business Recorder
April exports down 17.66pc to $2.178bn MoM
ISLAMABAD: Pakistan exports witnessed a decrease in April whereas country's import increased, says Pakistan Bureau of Statistics (PBS). The data of exports and imports released by PBS revealed exports from Pakistan during April 2025 amounted to Rs611,289 million (provisional) against Rs740,800 million in March 2025 and Rs653,957 million during April 2024 showing a decrease of 17.48 per cent over March, 2025 and of 6.52 per cent. The PBS data reveals that the exports in April, 2025 totalled $2,178 million (provisional) as compared to 2,645 million in March, 2025 showing a decrease of 17.66per cent over March 2025 and of 7.36per cent as compared to $ 2,351 million in April 2024. Jul-Apr exports up 6.25pc to $26.859bn YoY Exports during July–April 2024-25 totalled Rs7,495,497 million (provisional) against Rs7,171,883 million during the corresponding period of last year showing an increase of 4.51per cent. In terms of US dollars, the exports during July–April 2024 - 2025 totalled $26,896 million (provisional) against $25,278 million during the corresponding period of last year showing an increase of 6.40per cent. Main commodities of exports during April 2025 were knitwear (Rs93,448 million), readymade garments (Rs84,968 million), bed wear (Rs54,922 million), rice others (Rs45,070 million), cotton cloth (Rs35,474 million), towels (Rs23,748 million), made-up articles (excl towels and bedwear), (Rs15,302 million), fish and fish preparations, (Rs13,470 million), basmati rice (Rs12,840 million) and petroleum products (excl top Naphta) (Rs12,811 million). Imports into Pakistan during April, amounted to Rs1,575,176 million (provisional) as againstRs1,352,310 million in March 2025 and Rs1,347,817 million during April 2024 showing an increase of 16.48per cent over March 2025 and of 16.87per cent. In terms of US dollars, the imports in April 2025 totalled $ 5,611 million (provisional) as compared to $ 4,828 million in March 2025 showing an increase of 16.22per cent over March, 2025 and of 15.79per cent as compared to $ 4,846 million in April, 2024. Imports during July–April 2024 - 2025 totalled Rs13,463,700 million (provisional) as againstRs12,732,232 million during the corresponding period of last year showing an increase of 5.75per cent. In terms of US dollars, the imports during July – April, 2024 - 2025 totaled $48,292 million (provisional) as against $44,900 million during the corresponding period of last year showing an increase of 7.55per cent. Main commodities of imports during April 2025 were petroleum crude (Rs151,470 million),electrical machinery and apparatus (Rs150,199 million), petroleum products (Rs139,114 million), palm oil (Rs83,674 million), iron and steel (Rs70,923 million), natural gas liquefied (LNG) (Rs66,043 million), plastic materials (Rs64,101 million), raw cotton (Rs56,960 million), iron and steel scrap (Rs42,018 million) and motor cars (CKD/SKD) (Rs38,687 million). Copyright Business Recorder, 2025


Business Recorder
17-05-2025
- Business
- Business Recorder
April exports down 17.66pc to Rs2.178bn MoM
ISLAMABAD: Pakistan exports witnessed a decrease in April whereas country's import increased, says Pakistan Bureau of Statistics (PBS). The data of exports and imports released by PBS revealed exports from Pakistan during April 2025 amounted to Rs611,289 million (provisional) against Rs740,800 million in March 2025 and Rs653,957 million during April 2024 showing a decrease of 17.48 per cent over March, 2025 and of 6.52 per cent. The PBS data reveals that the exports in April, 2025 totalled $2,178 million (provisional) as compared to 2,645 million in March, 2025 showing a decrease of 17.66per cent over March 2025 and of 7.36per cent as compared to $ 2,351 million in April 2024. Jul-Apr exports up 6.25pc to $26.859bn YoY Exports during July–April 2024-25 totalled Rs7,495,497 million (provisional) against Rs7,171,883 million during the corresponding period of last year showing an increase of 4.51per cent. In terms of US dollars, the exports during July–April 2024 - 2025 totalled $26,896 million (provisional) against $25,278 million during the corresponding period of last year showing an increase of 6.40per cent. Main commodities of exports during April 2025 were knitwear (Rs93,448 million), readymade garments (Rs84,968 million), bed wear (Rs54,922 million), rice others (Rs45,070 million), cotton cloth (Rs35,474 million), towels (Rs23,748 million), made-up articles (excl towels and bedwear), (Rs15,302 million), fish and fish preparations, (Rs13,470 million), basmati rice (Rs12,840 million) and petroleum products (excl top Naphta) (Rs12,811 million). Imports into Pakistan during April, amounted to Rs1,575,176 million (provisional) as againstRs1,352,310 million in March 2025 and Rs1,347,817 million during April 2024 showing an increase of 16.48per cent over March 2025 and of 16.87per cent. In terms of US dollars, the imports in April 2025 totalled $ 5,611 million (provisional) as compared to $ 4,828 million in March 2025 showing an increase of 16.22per cent over March, 2025 and of 15.79per cent as compared to $ 4,846 million in April, 2024. Imports during July–April 2024 - 2025 totalled Rs13,463,700 million (provisional) as againstRs12,732,232 million during the corresponding period of last year showing an increase of 5.75per cent. In terms of US dollars, the imports during July – April, 2024 - 2025 totaled $48,292 million (provisional) as against $44,900 million during the corresponding period of last year showing an increase of 7.55per cent. Main commodities of imports during April 2025 were petroleum crude (Rs151,470 million),electrical machinery and apparatus (Rs150,199 million), petroleum products (Rs139,114 million), palm oil (Rs83,674 million), iron and steel (Rs70,923 million), natural gas liquefied (LNG) (Rs66,043 million), plastic materials (Rs64,101 million), raw cotton (Rs56,960 million), iron and steel scrap (Rs42,018 million) and motor cars (CKD/SKD) (Rs38,687 million). Copyright Business Recorder, 2025


Business Recorder
17-05-2025
- Business
- Business Recorder
Apr exports down 17.66pc to Rs2.178bn MoM
ISLAMABAD: Pakistan exports witnessed a decrease in April whereas country's import increased, says Pakistan Bureau of Statistics (PBS). The data of exports and imports released by PBS revealed exports from Pakistan during April 2025 amounted to Rs611,289 million (provisional) against Rs740,800 million in March 2025 and Rs653,957 million during April 2024 showing a decrease of 17.48 per cent over March, 2025 and of 6.52 per cent. The PBS data reveals that the exports in April, 2025 totalled $2,178 million (provisional) as compared to 2,645 million in March, 2025 showing a decrease of 17.66per cent over March 2025 and of 7.36per cent as compared to $ 2,351 million in April 2024. Jul-Apr exports up 6.25pc to $26.859bn YoY Exports during July–April 2024-25 totalled Rs7,495,497 million (provisional) against Rs7,171,883 million during the corresponding period of last year showing an increase of 4.51per cent. In terms of US dollars, the exports during July–April 2024 - 2025 totalled $26,896 million (provisional) against $25,278 million during the corresponding period of last year showing an increase of 6.40per cent. Main commodities of exports during April 2025 were knitwear (Rs93,448 million), readymade garments (Rs84,968 million), bed wear (Rs54,922 million), rice others (Rs45,070 million), cotton cloth (Rs35,474 million), towels (Rs23,748 million), made-up articles (excl towels and bedwear), (Rs15,302 million), fish and fish preparations, (Rs13,470 million), basmati rice (Rs12,840 million) and petroleum products (excl top Naphta) (Rs12,811 million). Imports into Pakistan during April, amounted to Rs1,575,176 million (provisional) as againstRs1,352,310 million in March 2025 and Rs1,347,817 million during April 2024 showing an increase of 16.48per cent over March 2025 and of 16.87per cent. In terms of US dollars, the imports in April 2025 totalled $ 5,611 million (provisional) as compared to $ 4,828 million in March 2025 showing an increase of 16.22per cent over March, 2025 and of 15.79per cent as compared to $ 4,846 million in April, 2024. Imports during July–April 2024 - 2025 totalled Rs13,463,700 million (provisional) as againstRs12,732,232 million during the corresponding period of last year showing an increase of 5.75per cent. In terms of US dollars, the imports during July – April, 2024 - 2025 totaled $48,292 million (provisional) as against $44,900 million during the corresponding period of last year showing an increase of 7.55per cent. Main commodities of imports during April 2025 were petroleum crude (Rs151,470 million),electrical machinery and apparatus (Rs150,199 million), petroleum products (Rs139,114 million), palm oil (Rs83,674 million), iron and steel (Rs70,923 million), natural gas liquefied (LNG) (Rs66,043 million), plastic materials (Rs64,101 million), raw cotton (Rs56,960 million), iron and steel scrap (Rs42,018 million) and motor cars (CKD/SKD) (Rs38,687 million). Copyright Business Recorder, 2025


Express Tribune
11-04-2025
- Business
- Express Tribune
Unilateral pay hikes
Listen to article The government's admission that National Electric Power Regulatory Authority (Nepra) board members unilaterally increased their salaries without the federal cabinet's prior approval is a glaring example of governance that prioritises self-interest over public accountability. The problem is not just the doubtful legality of the exercise, but a question of in what world can Nepra's board members justify raises of around 300%. The Nepra chairman's salary has soared from Rs790,000 to almost Rs3.25 million per month, while each board member now enjoys a monthly salary exceeding Rs2.94 million, up from about Rs740,000. While the previous salaries were tied to the highest tier of management pay (MP) scales, the current structure has no precedent and appears to have been decided on a whim. We must also note that the entire argument for having MP scale salaries is to get top talent from the private sector to offer their services to the public sector and perhaps improve the performance of state institutions. But in reality, a large number of MP scale hires are retired bureaucrats with little to no private sector experience, but deep connections to the corridors of power. Because of this, many MP-scale jobs are nothing more than post-retirement rewards for bureaucrats with connections to the government of the day. Inexplicably, several roles for which people are nominated, rather than competitively hired, also offer MP-scale salaries, opening the door for political patronage and doling out of questionable unapproved compensation and perks, despite the fact that thousands of competent and qualified Pakistanis would be willing to take these jobs at the officially approved salary levels. Even in the case of Nepra, it is worth noting that the chairman is a retired bureaucrat, and despite having some power sector experience, none of it was in the private sector. If the Nepra board members really think they deserve such ludicrously high salaries, they should immediately be afforded opportunities to actively seek employment in the private sector.