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Karachi, March 7, 2024 – The State Bank of Pakistan (SBP) announced a notable decrease of $54 million in its weekly foreign exchange reserves, according to an official statement released on Thursday.
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Islamabad, March 1, 2024 – Pakistan has achieved a remarkable 30% contraction in its trade deficit during the first eight months (July – February) of the fiscal year 2023-24, according to data released by the Pakistan Bureau of Statistics (PBS) on Friday.
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Karachi, March 1, 2024 – Pakistan’s headline inflation has reached a 20-month low in February 2024, according to analysts at Arif Habib Limited.
(more…)Karachi, February 29, 2024 – The State Bank of Pakistan (SBP) reported a significant drop of $59 million in the country’s weekly foreign exchange reserves on Thursday.
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Islamabad, February 29, 2024 – Pakistan’s Gross Domestic Product (GDP) has bounced back into positive territory, registering a growth of 2.1% in the first quarter of the fiscal year 2023-24, according to a report released by the Ministry of Finance on Thursday.
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Karachi, February 28, 2024 – Alarming figures released by the State Bank of Pakistan (SBP) reveal that the government’s bank borrowing has surged beyond Rs 4 trillion by mid-February of the current fiscal year.
(more…)Islamabad, February 23, 2024 – Pakistan is grappling with a notable increase in weekly inflation, attributed to the recent surge in petroleum prices.
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Islamabad, February 22, 2024 – In an ambitious move, Pakistan is setting its sights on boosting bilateral trade with Saudi Arabia to $20 billion in the coming years, according to statements made by Caretaker Federal Minister for Commerce and Industry, Gohar Ejaz, in Riyadh on Thursday.
(more…)Karachi, February 22, 2024 – Pakistan’s foreign exchange reserves experienced a weekly dip of $51 million, according to the State Bank of Pakistan (SBP) announcement on Thursday.
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Karachi, February 20, 2024 – The Research Team of Topline Securities released the latest Key Economic Indicators for Pakistan on Tuesday, shedding light on various aspects of the country’s economic landscape.
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