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...
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...
Weekly SPI surged by 1.11%
The Weekly Sensitive Price Indicator (SPI) significantly increased by 1.11% WoW during the week ended March 07, 2024,
The SPI rose 32.39% YoY compared...
Remittances surged by 13% YoY in Feb’24
According to the latest data from the SBP, Workers' Remittances dropped by 6.18% MoM in February to $2.25 billion, down from $2.4 billion in...
Govt has increased the Petrol Prices by Rs. 6.72/liter
The Government has increased the price of petrol by Rs6.72 per litre. However, the price of high-speed diesel (HSD) has been reduced by ...
CPI Inflation Rate clocked in at 24.9% in July 2022
Pakistan's Yearly inflation rate in July 2022 jumped to a 14-year high of 24.9% compared to 21.3% in June 2022 and 8.4% in July 2021.
On a...
Govt has reduced the Petrol Prices by Rs. 3.05/liter
The Government of Pakistan has decreased the price of petrol by Rs3.05 per litre for the first half of August 2022
Following the changes in...
PM Shahbaz slashed the Petrol Price by Rs. 18.50, Diesel by...
Prime Minister Shehbaz Sharif has announced to reduce the petrol prices by Rs18.50 per litre as part of measures to ease the burden on...
MPC of the SBP has increased the Policy rate by 125BPS...
The State Bank of Pakistan (SBP) has increased the key interest rate by 125 basis points, taking it to 15%. This was announced during...
CPI Inflation Sky-Rockets to 21.3% in June
CPI Inflation increased by 21.3% on YoY basis during the month of Jun'22 as compared to an increase of 13.8% in May'22 &...