Remittances sent by overseas Pakistanis declined by 8.6 percent to $2.25 billion in November 2023 compared to inflows of $2.46… Read More
SBP Reserves Fall by $237 Million in Just One Week
The foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $237 million on a weekly basis… Read More
Govt Forms Inquiry Committee Over Issue of Overbilling by DISCOs
The Ministry of Energy has constituted an inquiry committee into the issue of excessive billing and other matters raised by… Read More
Pakistan’s Public Debt Increases by 24.5% to Rs. 62.48 Trillion in One Year
The total public debt stock of the federal government increased by 24.5 percent on a year-on-year (YoY) basis in October… Read More
NEPRA Hikes Electricity Tariff by Rs. 3.07 Per Unit for December Bills
The National Electric Power Regulatory Authority (NEPRA) on Tuesday notified a Rs. 3.07 per unit increase in the price of… Read More
Daylight Robbery: Millions of Electricity Consumers Were Overcharged in July and August
An inquiry committee set up by National Electric Power Regulatory Authority (NEPRA) has recommended initiating legal proceedings against all Distribution Companies (DISCOs)… Read More
Weekly Inflation Stays Above 40% for Third Straight Week
Annual short-term inflation remained above 40 percent for the third straight week, driven by the increase in gas prices, according… Read More
Pakistan’s Trade Deficit Shrinks 34% to $9.3 Billion in First 5 Months of FY24
Pakistan’s trade deficit contracted by 33.59 percent during the first five months of the current fiscal year (5MFY24) compared to… Read More
Inflation in Pakistan Spikes to 29.2% in November
Inflation, measured by the Consumer Price Index (CPI), surged by 29.2 percent year-on-year in November 2023 as compared to an… Read More
Govt Keeps Petrol Price Unchanged, Diesel Sees Slight Cut
The caretaker federal government has announced the revised petroleum prices for the next fortnight. There has been no change in… Read More
OGRA Increases LPG Price by Rs. 4 Per Kg for December
The Oil and Gas Regulatory Authority (OGRA) has jacked up the price of indigenous liquefied petroleum gas (LPG) by Rs.… Read More
SBP Reserves Increase by $77 Million to Cross $7.2 Billion
The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $77 million on a weekly basis… Read More