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%...
Russia will provide Petrol and Diesel at discounted rates to Pakistan:...
State Minister for Petroleum Musadik Malik said on Monday that Russia has agreed to provide crude oil at discounted prices, a development that could...
CPI Inflation clocked in at 23.84% in November
Consumer Price Index (CPI) inflation during the month of November was recorded at 23.84% YoY compared to 26.6% YoY in Oct’22. On MoM basis,...
Pakistan has received USD500Mn from AIIB
Pakistan has received $500 million from the Asian Infrastructure Investment Bank (AIIB), the Ministry of Finance stated on Tuesday.
“Government of Pakistan has today received...
MPC of the SBP has raised the Policy rate by 100BPS...
The Monetary Policy Committee (MPC) decided to raise the policy rate by 100 basis points to 16%.
This decision is aimed at ensuring that elevated...
President Arif Alvi approves Lt Gen Asim Munir’s appointment as COAS
President Dr. Arif Alvi has approved the appointment of Lt General Asim Munir as the new Chief of Army Staff. The president also approved...
CPI Inflation clocked in at 26.6% in Oct
CPI inflation increased to 26.6% on year-on-year basis in Oct 2022 as compared to an increase of 23.2% in the previous month and 9.2%...
