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...
Pakistan faced worst economic crisis in 2023, says Human Rights Watch
Pakistan faced one of the worst economic crises in its history in 2023 with poverty, inflation and unemployment soaring, jeopardising millions of people’s rights...
Weekly SPI surged by 0.34%
Pakistan's weekly inflation rose for the fourth consecutive week, with the Sensitive Price Indicator (SPI) for the Combined Group increasing by 0.34% WoW during the week...
CPI Inflation clocked in at 29.4% in June 2023
CPI Inflation in June 2023 clocked in at 29.4% YoY as compared to 38.0% in May 2023 and 21.3% YoY in June 2022.
On...
MPC of the SBP has raised Policy rate to 22%
MPC of SBP convened an emergency meeting today, where it noted that potential upside risks to the inflation outlook have increased from the last...
National Assembly has passes IMF-aligned budget FY24
The National Assembly passed the budget for the next fiscal year 2023-24 with a majority after the government met tough International Monetary Fund (IMF)...
Trade deficit in services surges by 75% MoM in May
The service sector of Pakistan posed a trade deficit of $245 million in May 2023, which has significantly increased by 75% MoM as compared...
