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Pakistan headline inflation may soar to historic high in March 2023, which is likely to force the central bank for further interest rate hike.
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Finance Minister Ishaq Dar on Sunday hoped friendly countries would help Pakistan in current difficult economic situation.
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Pakistan’s import payment to India massively jumped by 62 per cent in the month of February 2023 when compared with previous month.
(more…)ISLAMABAD: Inflation based on sensitive price indicator (SPI) has climbed up by around 47 per cent year on year (YoY) week ended March 22, 2023, Pakistan Bureau of Statistics (PBS) said on Friday.
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KARACHI: According to the State Bank of Pakistan (SBP), Pakistan’s foreign exchange reserves have risen to $10.14 billion as of the week ending on March 17, 2023.
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International Monetary Fund (IMF) is needed assurances of external financing to Pakistan as the required huge external financing.
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ISLAMABAD: The government Tuesday announced the Ramazan relief package worth Rs5 billion in order to provide relief to poor segment of society.
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KARACHI: Total foreign investment into Pakistan has sharply declined by 112 per cent during eight months (July – February) of fiscal year 2022-2023, according to data released by the central bank.
(more…)KARACHI: Pakistan’s current account deficit narrowed by 313 per cent during first eight months (July – February) 2022/2023, official data revealed on Monday.
(more…)ISLAMABAD, March 17, 2023 – Pakistan continues to grapple with soaring inflation, as the Sensitive Price Indicator (SPI) recorded a staggering year-on-year (YoY) increase of 45.64% by the week ending March 16, 2023, according to the latest data released by the Pakistan Bureau of Statistics (PBS).
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