The total debt and liabilities of the federal government increased by 11.6 percent on a year-on-year (YoY) basis in March… Read More
Pakistan Should Restructure Its Support Prices Mechanism for Crops: SBP
Pakistan can restructure MSP mechanism mainly by prioritizing staple crops, especially wheat, and increasing the role of private sector in… Read More
Pakistani Rupee Devalues Against All Major Currencies Today
The Pakistani rupee (PKR) was bearish against the US Dollar today after opening trade at 278 in the interbank market.… Read More
Is Inflation in Pakistan Linked to Exchange Rate Depreciation? SBP Explains
The State Bank of Pakistan in its State of Pakistan’s Economy Report for H1-FY24 admitted that it doesn’t understand why… Read More
Pakistan to Miss Out On GDP Target This Year, Says SBP
The State Bank of Pakistan (SBP) has forecast the GDP growth rate to be settled between 2 and 3 percent… Read More
Brief Respite: PKR Stable Against US Dollar, AED, Saudi Riyal
The Pakistani rupee (PKR) was stable against the US Dollar today after opening trade at 278 in the interbank market.… Read More
PSX Breaks All Records to Close Above 74,500 As Momentum Persists
Pakistan Stock Exchange (PSX) closed at a new all-time high in today’s session after crossing 74,500, summiting the previous high… Read More
IMF Wants Pakistan to Withdraw Incentives For International Investors
The International Monetary Fund (IMF) has recommended that Pakistani authorities withdraw/eliminate all incentives for savings and financial investors in the… Read More
Pakistan’s Inflation Down 4th Week in a Row
The Sensitive Price Index (SPI)-based inflation for the week ended on May 9, 2024, decreased by 1.39 percent due to… Read More
Pak Rupee Posts Small Gains Against US Dollar But Crashes Against GBP, AUD, Euro
The Pakistani rupee (PKR) reversed losses against the US Dollar today after opening trade at 278 in the interbank market.… Read More
IMF Wants Pakistan to Tax Both Civilian, Military Pensioners
The International Monetary Fund (IMF) has demanded Pakistan to tax civilian and military pensioners and eliminate income tax exemptions from… Read More
International Packaging Films IPO Oversubscribed 1.73x
The book-building process of International Packaging Films Limited’s (IPAK) Initial Public Offer (IPO) has concluded with an oversubscription of 1.73x… Read More
