The average inflation in Pakistan during the current fiscal year (FY23) is set to be higher than in Sri Lanka,… Read More
ECC Approves Amendments in Import Policy Order for Import of Live Animals
Finance Minister Ishaq Dar presided over the meeting of the Economic Coordination Committee (ECC) of the Cabinet today. The Ministry… Read More
World Bank Cuts Pakistan’s GDP Forecast to 0.4%
The World Bank expects Pakistan’s economy to grow by only 0.4 percent in the current fiscal year (FY23), down from… Read More
Exports Rebound to $2.3 Billion after Falling for 6 Straight Months
Pakistan’s exports rebounded in March 2023 after six months of consecutive decline and stood at $2.367 billion compared to exports… Read More
Commerce Ministry Rebuts News of Exports to Israel from Pakistan
The Ministry of Commerce on Sunday said that no shipment has been exported from Pakistan to Israel. In a statement,… Read More
Weekly Inflation Remains Above 45%
Weekly inflation remained near the all-time high recorded last week and stood at 45.36 percent on a year-on-year (YoY) basis… Read More
SBP Reserves Register Major Decline Due to External Debt Repayment
The foreign exchange reserves held by the central bank decreased by almost 8 percent on a weekly basis, according to… Read More
Govt Begins Process for Outsourcing Country’s Three Main Airports
The Economic Coordination Committee (ECC) of the Cabinet on Thursday approved the draft Transaction Advisory Agreement (TASA) reached with the… Read More
Market Experts Expect 200 BPS Increase in Policy Rate
Majority of market experts expect an increase in policy rate by 200 bps in the upcoming Monetary Policy Committee (MPC)… Read More
Banks to Remain Open for Extended Hours on Thursday and Friday
The State Bank of Pakistan (SBP) announced on Wednesday that all branches of banks including the National Bank of Pakistan… Read More
ECC Defers Summary on Increase in Prices of Medicines
The Economic Coordination Committee (ECC) of the Cabinet on Monday deferred summaries of the Ministry of National Health Services, Regulations,… Read More
DG Cement Starts Power Generation from Solar Power Plant at Khairpur Site
D.G Khan Cement Company Limited (DGKC) has completed the construction and installation of the on-grid solar power plant of 6.952MW… Read More
