Pakistan Lifts Restrictions on Gold Trade as Government Reinstates SRO to Revive Precious Metals Market
Pakistan lifts restrictions on gold import and export, reinstating the key SRO and introducing amendments to revive the precious metals sector, while new gold reserve discoveries add momentum to the country’s economic outlook.
FBR Entities PRAL and PSW Identified as Key Sources Behind $11 Billion Trade Data Discrepancy
The Ministry of Commerce and PBS informed the National Assembly Standing Committee on Commerce that PRAL and PSW were responsible for an $11 billion trade data discrepancy. The issue stems from procedural reporting gaps and not financial flows, with steps underway to strengthen coordination and improve data transparency.