Pakistan’s central government debt increased to Rs. 40.279 trillion, indicating a 13.44 percent hike year on year. It stood at… Read More
NEPRA Increases Power Tariff Yet Again for K-Electric Consumers
The National Electric Power Regulatory Authority (NEPRA) has issued a notification about an increase in the base electricity prices for… Read More
Pakistan’s Economic Stability Program Has Been Successful: ADB
The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has rated the $1 billion worth ‘Economic Stabilization Program’ for… Read More
FBR Responds to Calls of Suspending Revised Property Valuation Rates
The Federal Board of Revenue (FBR) has not suspended the property valuation rates of immovable properties recently issued for 40… Read More
Rupee Makes Gains Against All Currencies After Saudi Deposit
The Pakistani Rupee (PKR) posted gains against the US Dollar (USD) and appreciated by 29 paisas against the greenback in… Read More
Hascol Offers Rs. 54.5 Billion Debt Settlement
Hascol Petroleum Limited (HPL) and its Dutch shareholder — Vitol — have tabled an Rs. 54.5 billion debt settlement owed… Read More
SPI-Based Weekly Inflation Declines Due to Decrease in Food and LPG Prices
The Sensitive Price Indicator (SPI) for the week ended December 2, 2021, recorded a decrease of 0.48 percent, according to… Read More
Rupee Plunges to Another All-Time Low Against the US Dollar
The Pakistani Rupee (PKR) slid to a record low against the US Dollar (USD) second day in a row and… Read More
Pakistan’s Monthly Import Bill Breaks All Previous Records
Pakistan’s imports witnessed an 82.83 percent growth, the highest ever, on a year-on-year basis in November 2021. The imports stood… Read More
Cut-off Yield on T-Bills Soars Up To 229 BPS
Cut-off yields on the first auction of market treasury bills (T-Bills) have soared by 229 basis points as a result… Read More
Wheat Sowing in Punjab 95% Complete, Other Provinces Closely Follow
Federal Minister for National Food Security Syed Fakhar Imam chaired the wheat review committee on the issue of crop sowing… Read More
Forex Reserves Plunge by $275 Million
The foreign reserves held by the State Bank of Pakistan (SBP) fell week-over-week by $275 million (1.2 percent). According to… Read More
