The Consumer Price Index (CPI) witnessed an increase of 9.2 percent on a year-on-year basis in October 2021 as compared… Read More
Rupee Kicks Off November With More Gains Against the US Dollar
The Pakistan Rupee appreciated against the US Dollar (USD) on Monday and continued its run against the dollar. It gained… Read More
Pakistan’s Currency in Circulation Soars Above Rs. 7 Trillion
The currency in circulation (CIC) has increased to over Rs. 7 trillion in Pakistan, representing the growth in the size… Read More
FBR Surpasses Monthly Tax Collection Target 4 Months in A Row
The Federal Board of Revenue (FBR) has collected net revenue of Rs. 1,841 billion from July to October of the… Read More
External Debt and Liabilities Hit Historic High of $125.8 Billion in Q1 FY 2022
Pakistan’s external debt and liabilities increased from $122.199 billion by the end of June 2021 to $125.876 billion by the… Read More
SPI-Based Weekly Inflation Soars Due to Exorbitant Vegetable Prices
The Sensitive Price Indicator (SPI) based weekly inflation rate has reached 14.31% after an increase of 1.23% on a year-on-year… Read More
Circular Debt Soared to Rs. 2.37 Trillion in Q1 FY22
The circular debt was recorded at Rs. 2,379 billion in the first quarter of the current fiscal 2021-22. The power… Read More
Pakistan’s GDP Growth Surpassed FY21 Target by a Huge Margin
In the face of the COVID-induced contraction of 0.47 percent in the financial year 2019-20, Pakistan’s economic growth rebounded to… Read More
OGDCL Announces Massive Profits for Q1’FY 2021-2022
The Board of Directors of the Oil & Gas Development Company Limited met on 28 October at its Head Office… Read More
World Bank Projects Inflation in Pakistan to Rise in FY22
With domestic energy tax hikes planned in October 2021 and increased oil and commodity prices, the World Bank forecasted that… Read More
Finance Ministry’s Monthly Outlook Paints a Positive Picture of Economic Recovery
Pakistan’s economic recovery is expected to continue at an accelerated pace, according to the monthly ‘Update and Outlook’ for October… Read More
BankIslami Posts Rs. 1.85 Billion Profit After 9 Months
BankIslami Pakistan announced its financial results for the nine months ended September 30, 2021. Despite the reduction in discount rates,… Read More
