The International Monetary Fund (IMF) Executive Board completed the second review under the Stand-By Arrangement (SBA) for Pakistan on Monday,… Read More
Pakistan, Iran Agree to Expeditiously Finalize Free Trade Agreement
Pakistan and Iran have agreed to expeditiously finalize the Free Trade Agreement (FTA), a joint statement said on Wednesday as… Read More
Pakistan Posts Highest Current Account Surplus in 9 Years in March 2024
Pakistan’s current account balance posted a surplus of $619 million in March 2024, according to data released by the State… Read More
Weekly Inflation Remains Just Shy of 30%
Annual short-term inflation for the current week ended on April 18, 2024, stood at 28.54 percent, according to the latest… Read More
Govt Announces Increase in Prices of Petrol and Diesel
The federal government has announced an increase in the prices of petroleum products. According to a notification issued by the… Read More
Remittances Surge to 23-Month High as Overseas Pakistanis Send More Money Due to Ramadan, Eid
Remittances sent by overseas Pakistanis surged by over 30 percent to $2.95 billion in March 2024 compared to inflows of… Read More
Pakistan’s Trade Deficit Soars 56% to $2.2 Billion in March
Pakistan’s trade deficit narrowed down by 24.94 percent in the first nine months (July-March) of the current fiscal year 2023-24… Read More
Current Account Turns Green with Surplus of $128 Million in February 2024
Pakistan’s current account balance posted a surplus of $128 million in February 2024, according to data released by the State… Read More
Workers’ Remittances Decrease by 6% in February 2024
Remittances sent by overseas Pakistanis declined by 6 percent to $2.25 billion in February 2024 compared to inflows of $2.398… Read More
SBP Reserves Fall by $54 Million to $7.9 Billion
The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by $54 million on a weekly basis… Read More
Caretakers Increase Price of Petrol Once Again
The caretaker federal government has once again increased the price of petrol, the third increase in less than a month.… Read More
Govt Expects Inflation to Ease to 23.5-24.5% in March
The Ministry of Finance has projected inflation to hover around 24.5-25.5 percent in February 2024, with expectations of a further… Read More
