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Karachi, January 27, 2024 – In a startling revelation, official data released by the State Bank of Pakistan (SBP) on Friday disclosed a staggering 161 percent surge in foreign profit and dividend repatriation from Pakistan in the first half of the fiscal year 2023-24.
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Karachi, January 25, 2024 – Pakistan’s foreign exchange reserves witnessed a notable surge, recording an increase of $196 million in the week ended January 19, 2024.
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Islamabad, January 19, 2024 – Alarming data released by the Pakistan Bureau of Statistics (PBS) on Friday reveals that the inflation of essential prices in Pakistan has surged, nearing a staggering 45 percent.
(more…)Karachi, January 18, 2024 – Pakistan has experienced a decline in foreign exchange reserves by $112 million on a weekly basis, according to an announcement by the State Bank of Pakistan (SBP) on Thursday.
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Karachi, January 17, 2024 – The State Bank of Pakistan (SBP) released a report on Wednesday, revealing a remarkable 35 percent surge in foreign direct investment (FDI) into the country during the first half (July-December) of fiscal year 2023-24.
(more…)Karachi, January 17, 2024 – In a remarkable turn of events, Pakistan has witnessed a substantial contraction of 77% in its Current Account Deficit (CAD) during the first half (July – December) of the current fiscal year, according to data released by the State Bank of Pakistan (SBP).
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Islamabad, January 13, 2024 – Alarming economic indicators continue to surface in Pakistan as the Sensitive Price Indicator (SPI) reports a staggering 44.16 percent year-on-year (YoY) inflation for the week ending January 11, 2024.
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Islamabad, January 12, 2024 – Pakistan took a significant step towards bolstering the growth and development of Small and Medium Enterprises (SMEs) with the launch of the National Credit Guarantee Company Limited (NCGCL).
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Karachi, January 12, 2024 – The International Monetary Fund (IMF) has advised Pakistan to enhance revenue collection from non-filers to support social and development initiatives.
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Karachi, January 11, 2024 – In a significant development, the Executive Board of the International Monetary Fund (IMF) has granted approval for an immediate disbursement of $700 million to Pakistan.
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