The World Bank has rated the implementation of ‘National Transmission Modernization Project’ of $425 million as moderately satisfactory, observing that… Read More
Rupee Posts Losses for 3rd Successive Day Against US Dollar, Other Currencies
The Pakistani rupee (PKR) lost further ground 3rd day in a row against the US Dollar (USD) today after opening… Read More
Rupee Miserably Loses More Value 2nd Day in a Row Against US Dollar
The Pakistani rupee (PKR) lost further ground 2nd day in a row against the US Dollar (USD) today after opening… Read More
Only 1 in 5 Pakistanis Believe Country is Headed in Right Direction: Survey
Only 1 in 5 Pakistanis believe that the country is headed in the right direction with males and lower income… Read More
ADB Revises Pakistan’s FY25 Growth Forecast Upwards
Pakistan’s gross domestic product (GDP) growth is projected to grow further by 3 percent in fiscal year 2025 compared to… Read More
Development Spending Falls 21% Below Target in First 4 Months of FY25
Development expenditure in Pakistan has significantly decreased in the first four months of the current fiscal year. From July to… Read More
ADB Approves $200 Million Loan for Power Distribution Project in Pakistan
The Asian Development Bank (ADB) has approved a $200 million loan to modernize power distribution infrastructure in Pakistan and improve… Read More
World Bank Likely to Approve $240 Million Water Sanitation Project for Karachi Tomorrow
The World Bank’s Board of Executive Directors is likely to approve the “Second Karachi Water and Sewerage Services Improvement Project… Read More
Cash in Circulation Declines By Rs. 110 Billion in Just A Week
Cash holdings in Pakistan have recorded a substantial decrease of Rs. 110 billion in the week that ended on 29… Read More
Rupee Once Again Devalues Against US Dollar After Yesterday’s Increase
The Pakistani rupee (PKR) again fell against the US Dollar (USD) today after opening trade at 278 in the interbank… Read More
Rupee Ends 3-Day Losing Streak Against Major Currencies Once Again
The Pakistani rupee (PKR) recovered from last week’s three-day losing streak against the US Dollar (USD) today after opening trade… Read More
ADB Estimates Pakistan’s Post-Harvest Losses At 20-40%
Post-harvest losses in Pakistan are estimated at 20-40 percent for various crops, due to lack of infrastructure, equipment, tools/implements, and… Read More
