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Karachi, January 31, 2025 – Pakistan’s inflation rate for January 2025 is projected to hit a 10-year low at approximately 2.7%, marking the lowest level since March 2015.
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Karachi, January 30, 2025 – Pakistan’s foreign exchange (forex) reserves saw a decline of $137 million during the week ending January 24, 2025, primarily due to external debt repayments and other foreign payments. This drop reflects the country’s ongoing financial obligations amid efforts to stabilize the economy.
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Islamabad, January 28, 2025 – Finance Finance Minister Muhammad Aurangzeb on Tuesday announced a significant administrative shift aimed at streamlining tax administration and boosting revenue collection in Pakistan.
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Islamabad, January 28, 2025 – On Tuesday, the Ministry of Finance released its half-yearly report for the fiscal year 2024-25 (July-December), presenting an optimistic outlook for Pakistan economy.
(more…)Karachi, January 23, 2025 – The foreign exchange reserves of Pakistan have registered a decline of $262 million during the week ending January 17, 2025. The decrease underscores the ongoing challenges faced by the country in maintaining its external financial stability.
(more…)Karachi, January 17, 2025 – The Sensitive Price Indicator (SPI) for the week ending January 16, 2025, recorded a decline of 0.39% compared to the previous week, according to data released by the Pakistan Bureau of Statistics (PBS).
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Karachi, January 17, 2025 – The State Bank of Pakistan (SBP) announced on Friday a significant 20% increase in foreign direct investment (FDI) for the first half (July–December) of the fiscal year 2024-25, highlighting a positive shift in the country’s investment landscape.
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Karachi, January 17, 2025 – Pakistan has reached a remarkable milestone, posting a record $1.21 billion current account (CA) surplus for the first half of fiscal year 2024-25 (January – December 2024), according to the State Bank of Pakistan (SBP). This achievement marks a significant turnaround from the $1.40 billion deficit recorded during the same period in the previous fiscal year.
(more…)Karachi, January 16, 2025 – The net foreign exchange reserves of Pakistan witnessed a notable increase of $73 million on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. This marks a positive development for the country’s financial stability amid ongoing economic challenges.
(more…)Karachi, January 14, 2025 – The government has retired a substantial Rs 2.42 trillion in bank borrowing during the first half of the fiscal year 2024-25 (July–December). The data, released by the State Bank of Pakistan (SBP) on Tuesday, highlights the government’s efforts to manage and reduce its reliance on borrowing.
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