Nuclear energy became Pakistan’s top power source in December 2022, meeting more than 27 percent of the country’s total energy… Read More
PKR Falls 22nd Day in a Row Against US Dollar With No Recovery in Sight
The Pakistani Rupee (PKR) continued its fall against the US Dollar (USD) for the 22st consecutive day today. The PKR… Read More
Pakistan is Least Preferable For Foreign Investment: SBP Data
Political unrest in the country, combined with the global economic slowdown, has made Pakistan one of the least preferred destinations… Read More
Pakistan’s Food Inflation Was 2nd Highest in South Asia in December 2022
The consumer price inflation for food prices in Pakistan was 35.5 percent in December on year on year basis –… Read More
Rupee’s Losing Streak Against US Dollar Completes 3 Full Weeks, Today’s Close At 228.91
The Pakistani Rupee (PKR) continued its fall against the US Dollar (USD) for the 21st consecutive day today, with rates… Read More
Business Leaders Sound Alarm on Pakistan’s Critical Economic Situation
Business leaders have raised concerns about the country’s deteriorating economic situation, urging the government to this time turn to Pakistanis… Read More
Inflation to Hit 70% if Pakistan Defaults, Says Former Finance Minister
The inflation rate in Pakistan could jump as high as 70 percent if the South Asian economy defaults. Ex-Finance Minister… Read More
Bloodbath at PSX As KSE-100 Falls by Over 1,370 Points Amid IMF Delay
The Pakistan Stock Exchange (PSX) saw a dramatic sell-off during the trading hours, with the benchmark KSE-100 index losing over… Read More
Rupee At 228.66 Against US Dollar, 20th Consecutive Drop After Bad News from IMF
The Pakistani Rupee (PKR) continued its fall against the US Dollar (USD) for the 20th consecutive day today, with rates… Read More
Large Scale Manufacturing Down Over 5% in November
The Large Scale Manufacturing Industries (LSMI) output decreased by 5.49 percent for November 2022 when compared with November 2021 and… Read More
Steel Prices Hit New Peak After Another Hike of Rs. 8,000 per Ton
The domestic prices of steel products have spiked for the sixth time since December 2022, as procuring raw materials is… Read More
’11 Billion Reasons’ Why the Geneva Money is Bad News for Pakistan
The world just gave Pakistan 11 billion reasons why loans are a bad deal for our economy. The timing is… Read More
