EconomyPakistan
Pakistan’s trade deficit hits highest level of history by 43 billion in FY 2021 – 22
*Pakistan’s trade deficit in the 11 months of the fiscal year 2021-22 hasincreased up to $43.33 billion, which was $27.44...
EconomyPakistan
Pakistan to face highest ever inflation of its history in FY 2022 – 2023
*Paksitan Tehreek-e-Insaf (PTI) leader and economist Muzammil Aslam hassaid that Pakistan will experience historic inflation in the fiscal year2022-23. *...
EconomyPakistan
Power crisis worsens further in Pakistan, loadshedding crosses 12 hours in a day
*LAHORE: The power crisis in the country seems to be spiralling out ofhands as upto 12 hours of unannounced loadshedding...
EconomyPakistan
Federal Government makes sharp raise in prices of essential edible items
ISLAMABAD – Amid a sharp rise in the prices of most essential kitchenitems, the federal government has increased the prices...
EconomyPakistan
National Saving certificates profit rates increased
The Finance Ministry on Thursday notified meager increase in profitrates on national saving certificates. As per the notification, the profit...
EconomyPakistan
Finance Minister hints at good news for country in next two days
The Finance Minister expressed the hope that in next two days he willsucceed in having agreement with IMF in the...
EconomyPakistan
State Bank of Pakistan to increase interest rates in monetary policy announcement
*KARACHI: The State Bank of Pakistan will announce monetary policy onMonday (today), deciding on the interest rate for the next...
EconomyPakistan
US dollar hits a new historic high against Pakistani Rupee
*KARACHI: The rupee’s downward trend against the US dollar in the interbankmarket continued on Monday as the greenback gained Rs0.61...
EconomyPakistan
State Bank of Pakistan significantly raises interest rates
KARACHI – The State Bank of Pakistan (SBP) has increased the interest rateby 150 basis points to 13.75 percent for...
EconomyPakistan
Pakistan Stock Exchange falls further over political and economic uncertainty
*KARACHI: Amid uncertainty over a deal with IMF and the announcement ofmonetary policy, the Pakistan Stock Exchange (PSX) on Monday...