Pakistan signed new agreements worth $11.362 billion as commitments during the first three quarters of the fiscal year 2021-22, inclusive… Read More
ADB Pakistan’s Largest Financier of Development Projects in FY22
The Asian Development Bank (ADB) has emerged as the top financier of Pakistan with a share of 39 percent loans… Read More
Inflation Witnesses Highest Ever Monthly Increase in 30 Years
Pakistan’s Consumer Price Index-based inflation increased by 21.32 percent on a year-on-year basis in June 2022 compared to an increase of… Read More
Pakistani Startup Funding Shrinks by 41% in Three Months
Startup funding in Pakistan decreased by 41 percent to less than $104 million during the second quarter of the calendar… Read More
Rupee Ends Fiscal Year 2021-22 With Gains Against US Dollar
The Pakistani Rupee (PKR) improved further against the US Dollar (USD) and posted gains in the interbank market today. It… Read More
Rupee Recovers Big Against Major Currencies After IMF ‘Clarity’ Pumps Markets
The Pakistani Rupee (PKR) improved further against the US Dollar (USD) and posted gains in the interbank market today. It… Read More
Pakistan’s Real Effective Exchange Rate Declines by Massive 2.4% in May
Pakistan’s Real Effective Exchange Rate (REER) has decreased by a massive 2.4 percent to 93.57 in May 2022. According to… Read More
Rupee Gains Big Against US Dollar After IMF Breakthrough
The Pakistani Rupee (PKR) reversed losses against the US Dollar (USD) and posted gains in the interbank market today. It… Read More
Rupee Slides Further Against US Dollar Despite IMF Talks and Oil Drop
The Pakistani Rupee (PKR) continued to struggle against the US Dollar (USD) and posted losses in the interbank market today.… Read More
Pakistan’s Fuel Oil Imports to Hit 4-Year High Despite Supply Crunch
Pakistan’s monthly fuel oil imports are projected to hit a four-year high in June as it struggles to procure liquefied… Read More
NHA to Settle All Disputes With Chinese Firms Over CPEC Projects
The National Highway Authority (NHA) Executive Board has decided to initiate an amicable settlement process of all the disputes between… Read More
Pakistan Records Highest-Ever Cement Sales in Over a Year
Cement sales have soared by two percent year-on-year (YoY) to 5.30 million tons in June 2022 from 5.21 million recorded… Read More
