Economy

Government Greenlights Tax-Heavy Budget Ahead of Crucial IMF Loan Talks

Pakistan’s parliament on Friday passed the government’s tax-heavy finance bill for the coming fiscal year ahead of more talks on a new bailout with...
Economy

Government Greenlights Tax-Heavy Budget Ahead of Crucial IMF Loan Talks

Pakistan’s parliament on Friday passed the government’s tax-heavy finance bill for the coming fiscal year ahead of more talks on a new bailout with...

LSMI output surged by 5.8% YoY in April

In April 2024, Pakistan's Large-scale Manufacturing Industries (LSMI) production dropped sharply by 8.14%, down from 115.78 in March 2024. However, on a month-on-month basis,...

SPI surged by 1.3% WoW

According to data released by the Pakistan Bureau of Statistics (PBS), the Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 1.3%...

Pakistan Aims for reaching IMF Staff-Level Agreement in July: FM Aurangzeb

Finance Minister Muhammad Aurangzeb said Thursday the federal government was hopeful of reaching a staff-level agreement with the International Monetary Fund (IMF) in July...
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Economy
News Desk

PSX included in MSCI FM 100 and MSCI FM 15 percent...

MSCI announced the conclusion from its consultation on the eligibility of the MSCI Pakistan Index for the MSCI Frontier Markets 100 and MSCI Frontier...
News Desk

Pakistan Consumer Price Index (CPI) hits a 24-Month high at 13%...

Inflation continued to take its toll as Consumer Price Index (CPI)-based reading hit a 24-month high at 13% on a year-on-year basis in January...
News Desk

Transparency International: Pakistan slips further on Corruption Perceptions Index

Pakistan dropped 16 places in the Corruption Perceptions Index (CPI) for 2021 compared to the previous year, ranking 140 out of 180 countries, Transparency International said...
News Desk

SBP maintained the Policy Rate at 9.75%

The State Bank of Pakistan has decided to keep the interest rate unchanged at 9.75% for the next two months.
News Desk

Workers Remittances rise to $2.5bn in December

Remittances from overseas workers increased by 3.4% year-on-year, amounting to $2,520 million during the month of December 2021, said the State Bank of Pakistan...
News Desk

CPI Inflation recorded at 9% in Sep’21

Inflation increased by 9.0% on YoY basis in Sep'21 as compared to an increase of 8.4% in Aug'21 & 9.0% in SPLY. On MoM...