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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.
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KARACHI: Pakistan’s current account deficit narrowed by 313 per cent during first eight months (July – February) 2022/2023, official data revealed on Monday.
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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).
(more…)KARACHI: The federal government has borrowed an amount of Rs1.96 trillion from commercial banks during first eight months (July – March) 2022-2023 for budgetary support, State Bank of Pakistan (SBP) said on Thursday.
(more…)KARACHI: Pakistan’s weekly foreign exchange reserves moved by $93 million by week ended March 10, 2023, central bank said on Thursday.
(more…)ISLAMABAD: Pakistan’s inflation based on Sensitive Price Indicator (SPI) recorded an increase of 42.27 per cent year on year (YoY) by week ended March 9, 2023.
(more…)KARACHI: Foreign exchange reserves of the State Bank of Pakistan (SBP) have been increased to a level for providing more than one month import cover, according to official data released on Thursday.
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