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...
Current Account Surplus clocked in at $255Mn in May 2023
The current account surplus for the month of May 2023 witnessed a notable surge of 3.26x MoM to stand at $255 million compared to the surplus...
CPI Inflation increased to 27.6% in January 2023
CPI Inflation increased to 27.6% on YoY basis in Jan 2023 as compared to an increase of 24.5% in Dec'22 & 13.0% in SPLY....
Pakistan economy: State Bank of Pakistan to continue with monetary tightening
Although there is a strict prohibition against charging interest, a significant number of Islamic banks still rely on interest-based benchmarks like Karachi Interbank Offered...
SBP has raised the Interest rate by 100BPS to 17%
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) in its meeting has decided to raise the policy rate by 100 basis...
CPI Inflation increased to 24.5% in December
Pakistan CPI inflation has increased to 24.5% on year-on-year basis in Dec 2022 as compared to an increase of 23.8% in the previous month...
#GoodNews: Govt has reduced the Petrol Price by Rs. 10/liter
Government of Pakistan has decided to reduce the prices of Petrol and Diesel by PKR 10 per liter and PKR 7.5 per liter.
The new...
