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Karachi, January 11, 2024 – Pakistan has experienced a notable increase of $36 million in foreign exchange reserves, reaching $13.257 billion by the week ending January 5, 2024, as reported by the State Bank of Pakistan (SBP) on Thursday.
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Karachi, January 11, 2024 – The federal government has borrowed an unprecedented Rs 4.28 trillion during the first half (July – December) of the current fiscal year 2023-24, marking a substantial surge compared to the corresponding period last year.
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Islamabad, January 5, 2024 – The inflation rate in essential items has surged to an alarming 43 percent year on year (YoY) as of the week ending January 4, 2024, according to the latest data from the Pakistan Bureau of Statistics (PBS).
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Karachi, January 5, 2024 – Pakistan Central Government’s debt situation has been revealed in the latest figures, indicating a total debt of Rs 63.4 trillion as of November 2023.
(more…)Karachi, January 4, 2024 – The State Bank of Pakistan (SBP) has reported a remarkable surge in foreign exchange reserves, with an increase of $1.26 billion in just 15 days.
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Karachi, January 2, 2024 – The International Monetary Fund (IMF) has scheduled Pakistan on its Executive Board agenda for January 11, 2024, as indicated on its updated website.
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Islamabad, January 2, 2024 – Pakistan’s import bill has witnessed a substantial decline of 16.28 percent during the first half (July – December) of the fiscal year 2023-24, according to data released by the Pakistan Bureau of Statistics (PBS) on Tuesday.
(more…)Islamabad, January 1, 2024 – Pakistan is grappling with an alarming surge in inflation as the Consumer Price Index (CPI) records a staggering Year on Year (YoY) increase of 29.7 percent in December 2023.
(more…)Karachi, December 28, 2023 – The State Bank of Pakistan (SBP) reported a significant uptick in its official foreign exchange reserves, recording a noteworthy increase of $852 million for the week ending December 22, 2023.
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Karachi, December 28, 2023 – In the first five months (July – November) of fiscal year 2023-24, foreign investors have withdrawn $532 million from Pakistan under the category of profit and dividends, according to data released by the State Bank of Pakistan (SBP).
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