Economy
CPI Inflation declined to 4.9% in November
Pakistan's inflation rate has taken a stunning nosedive, hitting 4.9% in November—the lowest since April 2018! This marks a sharp turnaround from the 7.2%...
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%...
SBP-held Foreign Exchange Reserves surged by 10.2% WoW to stand at...
The foreign exchange reserves held by the central bank surged 10.23% on a weekly basis.
On February 4, the foreign currency reserves held by the...
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...
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...
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...
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.
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...
