Pakistan’s official flag carrier airline, Pakistan International Airlines (PIA) suffered a loss of Rs. 35.35 billion, including the burden of… Read More
IMF Raises GDP Growth Rate Projection for Pakistan
International Monetary Fund (IMF) has projected the GDP growth rate for Pakistan at 4 percent for 2022 against 3.9 percent… Read More
Pakistan’s External Debt Stocks Jumped 8% in 2020: World Bank
The World Bank has estimated Pakistan’s total external debt stocks at $108.530 billion by the end of 2020 compared to… Read More
SPI-based Weekly Inflation Rises Due to Exorbitant Food Prices
The Sensitive Price Indicator (SPI) for the week ended October 7, 2021, recorded an increase of 1.21 percent, says the… Read More
SECP Registers 20% Surge in Company’s Registration as Entrepreneurship Grows
The Securities and Exchange Commission of Pakistan (SECP) registered 2,223 new companies in September 2021, up by 20 percent over… Read More
Pakistan Expects 9.374 Million Cotton Bales in Crop Season 2021-22
The Cotton Crop Assessment Committee (CCAC) has assessed that the country is expected to have a production of 9.374 million… Read More
World Bank Lowers GDP Growth Projection for Pakistan
The World Bank has lowered the GDP growth projection for Pakistan by 0.1 percent — from 3.5 percent in the… Read More
India Still Owes Rs. 498 Million to Pakistan Since Independence
While 74 years have passed since the independence of Pakistan and India, the Indian government still owes the State Bank… Read More
FBR Aims to Continue Its Record Revenue Collection Momentum in Next Quarter
The 5th Board-in-Council meeting of the Federal Board of Revenue was held under the chairmanship of Chairman FBR, Dr. Muhammad… Read More
Asad Umar Responds to Reports of ‘China Debt Problem’
While refuting a report regarding debt burden under China-Pakistan Economic Corridor (CPEC), the Planning and Development Minister, Asad Umar, on… Read More
Transparency International Seeks Details of NHA Contracts to Investigate Corruption Charges
Transparency International Pakistan (TIP) has requested the Secretary Ministry of Communications to order the National Highway Authority (NHA) for immediate… Read More
Non-Performing Bank Loans Rose to Rs. 851 Billion in June 2021
The non-performing loans of the banking industry surged to nearly Rs. 851 billion by the end of June 2021, with… Read More
