Headline inflation in Pakistan rises to 24.5pc in December 2022
Consumer Price Index (CPI) was recorded at 24.5 per cent in December Average CPI in 2022 recorded at 25.02% in Pakistan Annual inflation measured by...
Business
A News Hub for bringing you the latest business updates from economic and financial sectors from Pakistan and across the globe.
Floods slide down Pakistani economy till 2023 : Asian Bank forecasts
Asian Development Bank December 2022 outlook released ADB predicts Pakistani economy down in 2023 The Asian Development Bank terms Pakistani outlook for FY2023 (ending 30...
Pakistan-IMF discussions on Extended Fund Facility (EFF) ninth review term productive
Pakistan looking forward for Extended Fund Facility (EFF) tranche of $ 1.18 billion dollars Pakistan and IMF already conducted marathon discussions since 2019 IMF country...
Chinese wind turbine giant Goldwind Corporation opens solution factory in karachi
Goldwind Corporation already installed 327MW power into system Goldwind Corporation opens “Solution factory” for local needs Goldwind Corporation is global leader in sustainable green energy...
Over Pakistan request IMF shareholders divided on suspended surcharges
IMF shareholders failed to reach concensus over request of suspended surcharges IMF suspended surcharges for Covid-19 for borrowers countries on some loans IMF estimates surcharges...
FBR surpasses provisional tax collection target of 2688 billion rupees
FBR collected 537 billion rupees in November 2022 compare to 480 billion rupees in November 2021 FBR collected 2,688 billion rupees in last 5 months...
Google Play Store issue resolved
Google Play Store services are not disturbed Finance Ministry,IT and State Bank will present new payment mechanism Foreign Exchange Regulation Act, 1947 regulates the foreign...
Pakistan received US $ 500 million says Ishaq Dar
AIIB transferred $500 million for BRACE program Funds to support forex reserves for State bank of Pakistan The Government of Pakistan has received US $...
Bloodbath at PSX as State bank rises interest rate to 16%
PSX lost 865 points today which is 2.2% of the market PSX lost 969 points but recovered and closes at 42,071 State Bank of Pakistan...
PAK rupee surges against US dollar
In the first hours of trading on Monday, the Pakistani rupee advanced significantly versus the US dollar, rising by more than 1.5 per cent. In...