Economy
Drastic cut in interest rates in Pakistan on cards
The country’s interest rate is projected to decrease to 17 percent by May2024, allowing the central bank to potentially reduce...
Economy
Gold Prices fall further significantly across Pakistan
“Once again, there has been a significant decrease in the price of gold pertola (11.66 grams) in Pakistan. According to...
EconomyPakistan
One single step can boost the GDP by 7 , create 4 million jobs: Report
In Karachi, a study report titled “Realizing the Promise of ResponsibleDigital Payments for Merchants in Pakistan,” prepared by the “Better...
Economy
Gold Prices in Pakistan reduce further
The price of gold has decreased by 1,000 rupees per tola.On Monday, theprice of 24-carat gold remained at 200,000 rupees...
EconomyPakistan
Saudi investors eye Pakistan s Reko Diq project
In an effort to attract investment, the federal government is consideringthe sale of its shares in the Reko Diq project...
EconomyPakistan
World Bank GDP growth projection: Pakistan s economic challenges to continue
The World Bank has revised its GDP growth projection for Pakistan in fiscalyear 2023-24 (FY24) to 1.7 percent, down from...
EconomyPakistan
In another economic blow, Pakistan s LSM sector shrunk massively
In a significant economic development, Pakistan’s Large-Scale Manufacturing(LSM) sector saw a contraction of 3.7% in the first half of fiscal...
Economy
Important development reported on Pakistan IMF bailout package
IMF delegation is scheduled to arrive in Islamabad during the last week ofOctober to conduct aq economic evaluation of the...
Economy
Federal government suddenly increased interest rates drastically
The federal government increased the interest rates on loans and advancesfor developmental purposes.The Ministry of Finance issued a notificationfor an...
EconomyPakistan
Pakistan government to fulfill yet another demand of IMF
In Islamabad, there are reports that the caretaker government is set toannounce a gas price increase in response to the...