Power generation in the country went down by 8.2 percent YoY to 8,023 gigawatts per hour (GWh) in March 2024,… Read More
IMF Projects Govt Expenditure to Increase Significantly in 2024
The International Monetary Fund (IMF) has projected a significant increase of 0.7 percent in the government expenditure for Pakistan from… Read More
Pak Rupee Loses Further Ground Against US Dollar 3rd Day in a Row
The Pakistani rupee fell third day in a row against the US Dollar after opening trade at 278 in the… Read More
UBL Posts 12% Rise in Profits for Q1 2024
United Bank (UBL) posted consolidated earnings of Rs. 16.1 billion during the quarter that ended on March 31, 2024, up… Read More
Most Pakistanis See Near-Term Rupee Recovery A Disaster
Most Pakistanis see any near-term big gains for the Pakistani Rupee (PKR) against the US Dollar as a disaster and… Read More
PKR Falls Second Day in a Row Against US Dollar
The Pakistani rupee fell second day in a row against the US Dollar after opening trade at 278 in the… Read More
Nearly Half USC Zones Across Pakistan Fall Short of Sales Target During Ramadan
Sales figures from Utility Stores Corporation’s Ramadan Relief Package indicate mixed results across different zones. Out of the nine zones,… Read More
ADB Rates Public-Private Partnership Project in Pakistan As Successful
The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has rated technical assistance for “Pakistan: Strengthening the Federal… Read More
Pakistan’s Economy is Plagued By Political Instability: ADB
The future of Pakistan’s economy is plagued by political instability and potential disruptions from Middle East conflicts could affect supply… Read More
Govt Plans to Raise Rs. 2.47 Trillion in 3 Months Via T-Bills
The government plans to raise Rs. 2,475 billion through auction of market treasury bills (MTBs) during April-June 2024, according to… Read More
Can Pak Rupee Recover to Rs. 220-230 Against US Dollar By Early 2025?
The Pakistani Rupee is poised to gain over Rs. 55 or 20 percent in the coming months to rise to… Read More
Exports to Central Asian Countries Grow by 21% in 8 Months of FY24
Pakistan exported goods worth over $158 million to five Central Asian countries during the first 8 months of financial year… Read More
