Pakistan International Airlines’ (PIA) losses surged to Rs. 97.2 billion in the calendar year 2022 (CY22) compared to losses of… Read More
Weekly Inflation Remains Over 45% Due to Higher Food and Fuel Prices
Despite coming down marginally, weekly inflation remains above 45 percent and stood at 45.72 percent on a year-on-year (YoY) basis… Read More
SBP Reserves Decline For Third Straight Week
The foreign exchange reserves held by the central bank declined by 1.7 percent on a weekly basis, according to data… Read More
Banks to Face Strict Action Over Lack of Digital Fraud Protection Controls
In a major policy directive for combating social engineering and other digital banking frauds, the State Bank of Pakistan (SBP)… Read More
Govt Raises Rs. 444 Billion Via T-Bills
The cut-off yields on Treasury Bills (T-Bills) went down by 5 basis points (bps) in the auction of the paper… Read More
Current Account Surplus Shrinks to Just $18 Million in April
The country’s current account posted a surplus of $18 million in April 2023, significantly lower than the surplus of $654… Read More
Pakistan’s Public Debt Increases by Rs. 14 Trillion in One Year
The total public debt stock of the federal government increased by 32.8 percent on a year-on-year (YoY) basis in March… Read More
Roshan Digital Account Inflows Fall by 12% in April
Foreign exchange inflows through the Roshan Digital Accounts (RDAs) were recorded at a total of $6.1 billion by the end… Read More
Weekly Inflation Remains Over 48% for Second Straight Week
Weekly inflation remained above 48 percent for the second straight week and stood at 48.02 percent on a year-on-year (YoY)… Read More
Pakistan’s Trade Deficit Narrows by 40% in 10 Months of FY23
Pakistan’s trade deficit narrowed by 39.62 percent to $23.713 billion during the first ten months (July-April) of the current fiscal… Read More
Annual Inflation Smashes All Previous Records to Hit Staggering 36.4% in April
Pakistan’s Consumer Price Index (CPI) based inflation increased to 36.4 percent on a year-on-year basis in April 2023 compared to… Read More
Govt Expects Inflation to Remain High in Coming Months
The government Saturday said that headline inflation (CPI) is expected to remain at an elevated level in the months to… Read More
