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...
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...
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...
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%Â WoW. On the flip side, The SPI...
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...
Finance ministry forecast inflation at 27.5-28.5% in January
Pakistan’s headline inflation is expected to remain high at 27.5-28.5% in January 2024, the Finance Division said in its Monthly Economic Update and Outlook...
Pakistan’s economy to grow by 2-2.5% this FY: Shamshad
Caretaker Finance Minister Dr Shamshad Akhtar projected on Saturday that the country's economic growth will rebound by 2-2.5% in the current fiscal year.
Virtually addressing the 'IPO...
