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%...
Pakistan’s four energy companies secured an offshore exploration contract from UAE...
Pakistani energy companies won big in Abu Dhabi, with four of them securing an offshore exploration contract from UAE blue-chip ADNOC. The contract is...
Pakistan reports Current account deficit of $773mn in July 2021
Pakistan reports Current account deficit of $773mn in July 2021 as compared to the compared to a deficit of $1.6 bln in Jun21. While,...
Government approves the hike in Petrol Price by Rs. 5.40/litre
The federal government has approved increasing the price of #petrol by Rs5.40 per litre said Special Assistant to Prime Minister on Political Communication Shahbaz...
CPI Inflation increased by 10.9% on YoY in May 2021
CPI Inflation Rate (New Base 2015-16) increased by 10.9% on year-on-year basis in May 2021 as compared to an increase of 11.1% in the...
MPS: SBP maintained the Policy rate at 7%
At its meeting on 28th May 2021, the Monetary Policy Committee (MPC) decided to maintain the policy rate at 7 percent. Since its last...
Pakistan posts Current Accout Deficit of USD200Mn in April 2021: SBP
Pakistan reports Current Account Deficit of $200mn for the month of April 2021 as compared to a deficit of US$510mn in April 2020, 61%...
