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%...
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...
ADB has approved $554Mn Flood Assistance Package for Pakistan
A $554 million financing package, including new and reallocated funds, has been approved to support recovery and reconstruction efforts in Pakistan following this year’s...
