Islamabad, June 8, 2023: According to Finance Minister Ishaq Dar, Pakistan’s Gross Domestic Product (GDP) achieved a meager growth of only 0.29 percent during the fiscal year 2022-2023. This announcement was made during the unveiling of the Pakistan Economic Survey 2022-23 at a press conference.
(more…)Author: Faisal Shahnawaz
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Pakistan Economic Survey 2022-23: A Challenging Year
The Pakistan Economic Survey for the fiscal year 2022-23 highlights the various challenges faced by Pakistan’s economy during this period. The geopolitical situation, difficult financial environment, and high inflationary pressures have all had a significant impact on the global growth prospects, and Pakistan was not immune to these challenges. Additionally, devastating floods and political unrest further exacerbated the economic situation, making FY2023 a challenging year for Pakistan’s economy.
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Karachi Interbank Offered Rates KIBOR – June 08, 2023
KARACHI: State Bank of Pakistan (SBP) on Thursday issued the Karachi Interbank Offered Rates (KIBOR) as on June 08, 2023.
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Pakistan Stocks Nosedive Ahead of Budget Announcement
Karachi, June 8, 2023: The Pakistan stock market experienced a significant decline on Thursday as investors adopted a cautious approach ahead of the federal budget announcement.
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Latest prices of Toyota Yaris in Pakistan
The Toyota Yaris is a subcompact car locally manufactured by Indus Motor Company. The sedan boasts a sleek and modern design that exudes confidence on the road. With its compact size, the Yaris is perfect for navigating crowded city streets and tight parking spaces with ease.
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Rupee Ends Four Day Losing Streak
After four consecutive day fall the Pakistan Rupee (PKR) on Thursday recovered against the US Dollar. The recovery was attributed to an influx of export receipts and importers adopting a cautious approach in anticipation of the budget announcement.
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SBP’s weighted average customer exchange rates on June 08, 2023
KARACHI: The State Bank of Pakistan (SBP) on Thursday issued foreign exchange rates for June 08, 2023. The exchange rate is on the basis of weighted average rates of commercial banks.
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Price, Specs of Honda CB 150F in Pakistan
Honda CB 150F is a popular motorcycle model manufactured and sold by Atlas Honda. The CB 150F is known for its comfortable riding position, fuel efficiency, and reliable performance.
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Volvo Unveils Small SUV EX30: Fast Charging, Compact Size
Volvo unveiled the all new small SUV, Volvo EX30 showcasing its impressive charging capabilities, making it a convenient choice for electric vehicle (EV) owners. With the extended-range Twin Motor variant boasting a charging capacity of up to 153kW and the standard-range model offering 134kW, you can charge your battery from 10 to 80 percent in just over 25 minutes.
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Bitcoin rates in PKR and USD on June 08, 2023
On June 08, 2023 the exchange rates of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported as:
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