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...
CPI Inflation increased by 13.8% in May 2022
Pakistan CPI inflation increased by 13.8% on YoY basis in May'22 as compared to an increase of 13.4% in Apr'22 & 10.9% in SPLY....
Govt has increased the Petrol prices by Rs. 30/litre
Finance Minister Miftah Ismail announced a hike in the price of petroleum products after the International Monetary Fund (IMF) emphasized the termination of subsidies...
SBP raised the Policy rate by 150BPS to 13.75%
The MPC of the State Bank of Pakistan has decided to raise policy rate by 150bps to 13.75%.
This is the highest interest-rate level...
Foreign Direct Investment recorded Net Inflow of $170.6Mn in April, 2022
The Foreign Direct Investment (FDI) recorded an inflow of $170.6Mn during the month of April against the outflow of $30.4mn recorded in March 2022.
While...
Pakistan’s Current Account Deficit shrinks by 39% MoM to $623Mn in...
Pakistan reports Current Account Deficit of US$623Mn during the month of Apr‘22 as compared to a deficit of US$1,015 mn in Mar’22. The decline...
Govt has imposed ban on the Import of Non-Essential Luxury Items
The government has imposed a ban on the import of 38 non-essential Luxury Items under an "Emergency Economic plan".
Under the new policy, the import...
