Economy
Massive rise in inflation across Pakistan
Consumer Price Index (CPI)-based inflation hit 27.3% on a year-on-year(YoY) basis in August 2022, compared to 24.9% in the previous...
Economy
Gold prices witness huge increase in Pakistan
Gold prices rose Thursday again saw a huge increase as ballooning inflationdulled risk appetite and boosted demand for the safe-haven...
EconomyPakistan
Federal Government to consult coalition partners for importing food items from India
ISLAMABAD – Finance Minister Miftah Ismail again hinted that the governmentcould consider importing food items from India as devastating flooddestroyed...
EconomyPakistan
US government announces humanitarian aid for flood affected people of Pakistan
WASHINGTON – The United States has announced that it will provide up to $30million for relief efforts as floods triggered...
EconomyPakistan
Canadian PM announces humanitarian aid for flood affected people of Pakistan
ISLAMABAD/ONTARIO – Canadian Prime Minister Justin Trudeau has pledgedsupport as Pakistan faces devastating destruction amid heavy rainfall andfloods. In a...
EconomyPakistan
Despite hectic efforts by Pakistani government, IMF increased loan facility by .5 billion only
*ISLAMABAD: The International Monetary Fund (IMF) Executive Board hasstalled the loan program for Pakistan and extended its volume to $6.5billion...
EconomyPakistan
IMF executive board decides over Pakistan’s EFF extension
ISLAMABAD – The executive board of the International Monetary Fund (IMF)will meet today (Monday) to consider the loan plan for...
EconomyPakistan
Gold prices in Pakistan witness significant drop
*KARACHI: Gold prices extended losses on Monday as per tola price ofprecious yellow metal plunged by Rs1400. * According to...
EconomyPakistan
IMF demand: Federal Government likely to increase petroleum prices by Rs 20 per litre
ISLAMABAD – The federal government is likely to increase the petroleumprices by Rs20 per litre from September 1. According to...
Economy
Pakistan’s foreign exchange reserves decline further
The foreign exchange reserves held by the State Bank of Pakistan (SBP) onceagain declined by 1.1%. On August 19, the...