The Sensitive Price Indicator (SPI)-based inflation for the week ended July 6, 2023, recorded an increase of 28.55 percent on… Read More
CDWP Refers Rs. 21.5 Billion Revenue Project for ECNEC Approval
During the CDWP meeting chaired by Federal Minister for Planning, Ahsan Iqbal, the Investment Project Financing (IPF) component of the… Read More
Analysts Warn of Rupee Sliding Below 300 Against USD Soon
The Pakistani Rupee (PKR) could drop to 293.52 against the US Dollar by the end of September 2023 to as… Read More
Finance Ministry Releases Strategy for Release of Funds Under Budget 2023-24
The Ministry of Finance on Thursday released a strategy for the release of funds for the recurrent budget for the… Read More
Rupee Recovers Against US Dollar, Euro and UAE Dirham
The Pakistani rupee rebounded against the US Dollar during intraday trade today after opening trade at 277.35 in the interbank… Read More
Honeymoon Over? Rupee Crashes Against Major Currencies
The Pakistani rupee failed to maintain Tuesday’s momentum against the US Dollar during intraday trade today after opening trade at… Read More
Govt Incurs Rs. 240 Billion PDL Shortfall Due to Fuel Sales Slump in FY23
Following a 26 percent year-on-year (YoY) drop in sales of POL products in the fiscal year (FY) 2022-23, the government… Read More
Finance Ministry Identifies Potential Risks That Could Hurt Debt Management Strategy in Next 3 Years
The estimates of key economic indicators are prone to certain risks and vulnerabilities that could cause deviations from the projections,… Read More
Govt Pays Off Rs. 142 Billion Pending Dues to IPPs
The Central Power Purchasing Authority (CPPA) has disbursed Rs. 142 billion to Independent Power Producers (IPPs) in order to reduce… Read More
IMF Sees Pakistan’s Gross Financing Needs At $91.5 Billion Till FY2025-26
The International Monetary Fund (IMF) has projected Pakistan’s gross external financing needs at $91.5 billion over a period of 3… Read More
Cement Sales Decline by 22.8% in June
Cement sales in Pakistan declined by 22.80 percent in June 2023, while total despatches during June 2023 were 4.063 million… Read More
Pakistan’s Growth to Pick Up, Inflation to Go Down to 21% This Year: Bloomberg
The bailout from the International Monetary Fund (IMF) is a big positive for growth and will likely help Pakistan avert… Read More
