Economy
Pakistan’s Current account posted a surplus of $128Mn in Feb
Pakistan’s current account posted a surplus of $128 million in February 2024, in contrast to a revised deficit of $303 million in the previous...
MPC decided to hold the Policy rate steady at 22%
The Monetary Policy Committee (MPC) decided to hold the policy rate steady at 22 percent in its meeting held today.
The MPC noted that despite...
Weekly SPI surged by 1.11%
The Weekly Sensitive Price Indicator (SPI) significantly increased by 1.11% WoW during the week ended March 07, 2024,
The SPI rose 32.39% YoY compared...
Remittances surged by 13% YoY in Feb’24
According to the latest data from the SBP, Workers' Remittances dropped by 6.18% MoM in February to $2.25 billion, down from $2.4 billion in...
CPI Inflation recorded at 8.4% in August
Pakistan's Yearly Inflation in August 2021 was 8.4% as compared to 8.4% in July 2021. The CPI reading in Ausust 2020 was at...
Pakistan’s four energy companies secured an offshore exploration contract from UAE...
Pakistani energy companies won big in Abu Dhabi, with four of them securing an offshore exploration contract from UAE blue-chip ADNOC. The contract is...
Pakistan reports Current account deficit of $773mn in July 2021
Pakistan reports Current account deficit of $773mn in July 2021 as compared to the compared to a deficit of $1.6 bln in Jun21. While,...
Government approves the hike in Petrol Price by Rs. 5.40/litre
The federal government has approved increasing the price of #petrol by Rs5.40 per litre said Special Assistant to Prime Minister on Political Communication Shahbaz...
CPI Inflation increased by 10.9% on YoY in May 2021
CPI Inflation Rate (New Base 2015-16) increased by 10.9% on year-on-year basis in May 2021 as compared to an increase of 11.1% in the...
MPS: SBP maintained the Policy rate at 7%
At its meeting on 28th May 2021, the Monetary Policy Committee (MPC) decided to maintain the policy rate at 7 percent. Since its last...
