The World Bank has placed Pakistan in the fourth quintile –i.e. the group of economies that grapple with a challenging… Read More
World Bank Satisfied With $400 Million Higher Education Project in Pakistan
The World Bank has rated the implementation progress of the “Higher Education Development in Pakistan project,” of around $400 million… Read More
Rupee Makes Big Leap Against Major Currencies to End Week
The Pakistani rupee (PKR) posted gains to the end the week against the US Dollar (USD) after opening trade at… Read More
Weekly Inflation Increases Due to Rising Food Prices
The Sensitive Price Index (SPI)-based inflation for the week ended on October 03, 2024, increased by 0.44 percent mainly due… Read More
Urea Sales Plummet 35% in September 2024
The urea offtake in the country declined by 35 percent on a year-on-year (YoY) basis to 365k tons in September… Read More
Rupee in Red Against US Dollar, Gains Over Rs. 4.5 Against British Pound
The Pakistani rupee (PKR) posted losses against the US Dollar (USD) after opening trade at 278 in the interbank market.… Read More
PBC Supports FBR’s Proposal to Limit Cash Withdrawals For Non-Filers
The Pakistan Business Council (PBC) has consistently advocated for equitable and predictable fiscal policy developed independently of the FBR and… Read More
Rupee Posts Small Gains 2nd Day in a Row Against US Dollar
The Pakistani rupee (PKR) posted gains against the US Dollar (USD) second day in a row today after opening trade… Read More
Trade Deficit Spikes By Over 20% in September 2024
Pakistan’s trade deficit increased by over 20 percent in September 2024 to settle at $1.8 billion. According to data issued… Read More
Petroleum Sales Up 20% in September 2024
The country’s petroleum sales arrived at 1.27 million tons during September 2024, showcasing a jump of 20 percent YoY. The… Read More
Rupee Starts October With Gains Against All Major Currencies
The Pakistani rupee (PKR) posted gains against the US Dollar (USD) today today after opening trade at 278 in the… Read More
Inflation Rate Drops to Lowest Level in Almost 4 Years
Pakistan’s headline inflation rate fell to 6.9 percent year-on-year in September 2024, marking a significant decrease from August’s 9.6 percent… Read More
