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...
MPC of the SBP maintained the Policy rate at 15%
The Monetary Policy Committee (MPC) decided to maintain the policy rate at 15 percent. Based on currently available info, growth could fall to around...
CPI Inflation clocked in at 23.2% in Sep 2022
The Consumer Price Index (CPI) increased to 23.2 percent on year-on-year basis in September 2022 as compared to an increase of 27.3 percent in...
Daronomics Begin: Petrol Prices reduced by Rs. 12.63/liter
Finance Minister Ishaq Dar has reduced the Petrol price by Rs 12.63 and Diesel by Rs 12.13.
Following the changes in the prices, petrol will...
Govt jacks up the Petrol prices by Rs. 2.07/liter
Government has increased prices of Petrol and Diesel by PKR 2.07 and PKR 2.99 per liter, effective from September 1 for the next 15...
Govt has increased the Petrol Prices by Rs. 6.72/liter
The Government has increased the price of petrol by Rs6.72 per litre. However, the price of high-speed diesel (HSD) has been reduced by ...
CPI Inflation Rate clocked in at 24.9% in July 2022
Pakistan's Yearly inflation rate in July 2022 jumped to a 14-year high of 24.9% compared to 21.3% in June 2022 and 8.4% in July 2021.
On a...
