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...
Govt has reduced the Petrol Prices by Rs. 3.05/liter
The Government of Pakistan has decreased the price of petrol by Rs3.05 per litre for the first half of August 2022
Following the changes in...
PM Shahbaz slashed the Petrol Price by Rs. 18.50, Diesel by...
Prime Minister Shehbaz Sharif has announced to reduce the petrol prices by Rs18.50 per litre as part of measures to ease the burden on...
MPC of the SBP has increased the Policy rate by 125BPS...
The State Bank of Pakistan (SBP) has increased the key interest rate by 125 basis points, taking it to 15%. This was announced during...
CPI Inflation Sky-Rockets to 21.3% in June
CPI Inflation increased by 21.3% on YoY basis during the month of Jun'22 as compared to an increase of 13.8% in May'22 &...
Current Account Deficit surged by 131% on MoM basis
Pakistan’s current account deficit clocked in at $1.425 billion in May 2022, compared to the deficit of $640 million recorded in May, 2021.
The CAD...
Govt jacks up Petrol Prices by Rs. 30/liter
Finance Minister Miftah Ismail announced another hike in the prices of petroleum products after the International Monetary Fund (IMF) emphasized the termination of subsidies...
