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Karachi, September 8, 2023 – Alarming data released by the Pakistan Bureau of Statistics (PBS) on Friday reveals that the prices of wheat flour and sugar have doubled over the past year, adding to the economic challenges faced by the nation.
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Karachi, September 7, 2023 – Pakistan’s foreign exchange reserves have seen a decline, with the State Bank of Pakistan (SBP) reporting that the reserves stood at approximately $13.13 billion as of the week ending September 1, 2023.
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Islamabad, September 6, 2023 – Pakistan has officially contested the findings of the Gallup Business Confidence Survey, which was recently published in a local financial daily newspaper.
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Karachi, September 5, 2023 – The State Bank of Pakistan (SBP) has released data indicating a significant surge in the central government’s total debt, which has reached an alarming Rs 61.75 trillion in July 2023.
(more…)Islamabad, September 5, 2023 – Pakistan has officially determined the amount of diyat (compensation) for the fiscal year 2023-24, setting it at Rs 6.76 million.
(more…)Islamabad, September 1, 2023 – The Pakistan Bureau of Statistics (PBS) has reported a staggering 27.4 percent year-on-year increase in headline inflation, as measured by the Consumer Price Index (CPI), for the month of August 2023. This surge in inflation has raised concerns about the economic stability of the country.
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Karachi, September 1, 2023 – Pakistan’s trade deficit has undergone a significant contraction, decreasing by over 40 percent during the first two months of fiscal year 2023-24, according to data released by the Pakistan Bureau of Statistics (PBS) on Friday.
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Islamabad, September 1, 2023 – Startling official statistics reveal that the prices of essential commodities, including wheat flour, sugar, and tea, have surged to nearly double their previous rates over the past year, according to data released by the Pakistan Bureau of Statistics (PBS) on Friday.
(more…)Karachi, August 31, 2023 – Pakistan’s foreign exchange reserves have witnessed a decline of $77 million in just one week, according to a statement by the central bank on Thursday.
(more…)Karachi, August 31, 2023 – The substantial increase in the prices of petroleum products and food items is poised to fuel inflation for August 2023.
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