Weekly Inflation in Pakistan Eases as Petroleum Prices Decline
Karachi, October 27, 2023 – Pakistan experienced a notable decline in weekly inflation, thanks in part to a reduction in petroleum prices.
Karachi, October 27, 2023 – Pakistan experienced a notable decline in weekly inflation, thanks in part to a reduction in petroleum prices.
Karachi, October 26, 2023 – Pakistan has witnessed a drop in foreign exchange reserves by $257 million on a weekly basis, as reported in an official statement issued on Thursday.
Karachi, October 26, 2023 – Pakistan has announced a significant budget deficit of Rs 963 billion for the first quarter of the fiscal year 2023-24, highlighting the financial challenges the country faces.
Karachi, October 23, 2023 – The State Bank of Pakistan (SBP) has released its Annual Report on the State of Pakistan’s Economy for the fiscal year 2022-23, projecting a GDP growth rate of 2 to 3 percent for the fiscal year 2023-24.
Karachi, October 19, 2023 – Pakistan has reported a substantial contraction in its current account deficit (CAD), with a remarkable 58 percent reduction during the first quarter of fiscal year 2023-24.
Karachi, October 19, 2023 – The State Bank of Pakistan (SBP) has reported a noteworthy increase in its weekly foreign exchange reserves, providing a glimmer of positive news amidst concerns about the country’s overall foreign exchange situation.
Karachi, October 13, 2023 – Pakistan recent policy mix has been strategically designed to target macroeconomic imbalances and achieve economic stabilization.
October 2023 Sees Second Consecutive Week of Inflationary Trends Karachi, October 13, 2023 – Pakistan has experienced a continued surge in inflation for the second consecutive week of October 2023, despite a significant reduction in petroleum prices during the first half of the month.
Karachi, October 12, 2023 – The State Bank of Pakistan (SBP) reported a notable weekly increase of $31 million in its foreign exchange reserves, according to official data released on Thursday.
Islamabad, October 12, 2023 – The Central Directorate of National Savings (CDNS) has achieved its target of Rs 420 billion in fresh bonds for the current fiscal year, covering the period from July 1 to October 10, 2023.