News Desk

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Economy

Pakistan’s Current account posted a surplus of $128Mn in Feb

Pakistan’s current account posted a surplus of $128 million in February 2024, in contrast to a revised deficit of $303 million in the previous...

IMF and Pakistan has reached a staff level agreement on final bailout review

The International Monetary Fund (IMF) has reached a staff-level agreement with Pakistan on the final review of a $3 billion bailout, where the country...

MPC decided to hold the Policy rate steady at 22%

The Monetary Policy Committee (MPC) decided to hold the policy rate steady at 22 percent in its meeting held today. The MPC noted that despite...

MLCF’s subsidiary Novacare to build hospital with $110Mn investment

Novacare Hospitals (Private) Limited, a wholly owned subsidiary of Maple Leaf Cement Factory Limited (PSX: MLCF), will start constructing a state-of-the-art hospital in Islamabad...
Economy
News Desk

CPI Inflation declined to 23.1% in Feb

CPI inflation clocked in at 23.1% on a year-on-year basis during the month of February, the Pakistan Bureau of Statistics (PBS) data showed on...
News Desk

Weekly SPI declined by 0.78%

The Weekly Sensitive Price Indicator (SPI) declined by 0.78% during the week ended on February 15, 2024, while the SPI increased by 34.25% YoY...
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MARI has discovered Gas at Maiwand Exploration well in Balochistan

MARI Petroleum Company Ltd (PSX: MARI) in a notification to PSX has announced a Gas Discovery at Maiwand X-1 ST-1 exploration well drilled in...
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Trade Deficit declined by 24.8% to $1.95Bn in Jan

According to the PBS, the country’s trade deficit shrunk by 24.8% to $1.95 billion in January 2024 from $2.59 billion in the same period...
News Desk

Weekly SPI declined by 0.28%

The Weekly Sensitive Price Indicator (SPI) for the the week ended on Feb 01, 2024, declined by 0.28% WoW. On the flip side, The SPI...
News Desk

Pakistan CPI Inflation surged to 28.3% in Jan 2024

Pakistan CPI inflation increased to 28.3% on year-on-year basis in January 2024 as compared to an increase of 29.7% in the previous month and...