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Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved an amount of Rs10 million for medical treatment of former world Squash Champion Jan Sher Khan.
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KARACHI: Pakistan’s external debt sharply increased by 38 per cent to PKR 20.69 trillion by end of January 2023 when compared with the debt a year ago, according to data released by the central bank on Tuesday.
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ISLAMABAD: The prices of diesel and petrol have recorded an increase of 93.82 per cent and 77.89 per cent, respectively in the latest inflation numbers.
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ISLAMABAD: Pakistan’s trade deficit contracted by 33 per cent to $21.3 billion during first eight months (July – February) of fiscal year 2022-2023, according to official numbers released on Friday.
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KARACHI: Weekly foreign exchange reserves of the State Bank of Pakistan (SBP) increased by $556 million by week ended February 24, 2023, according to official numbers released on Thursday.
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ISLAMABAD: Pakistan’s headline inflation has jumped to 31.5 per cent in February 2023 when compared with 12.2 per cent in the same month last year, official data revealed on Wednesday.
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Moody’s Investors Service on Tuesday downgraded Pakistan’s rating, which is driven by assessment that country’s increasingly fragile liquidity and external position significantly raises default risks.
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KARACHI: Headline inflation based on Consumer Price Index (CPI) likely to make new highs and is expected to clock in at 30.5 per cent year on year (YoY) in February 2023
(more…)KARACHI: The official foreign exchange reserves of State Bank of Pakistan (SBP) inched up by $65 million to reach $3.26 billion by week ended February 17, 2023, according to an official statement issued on Thursday.
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ISLAMABAD: The newly introduced mini-budget on Thursday became applicable as the President of Pakistan Dr. Arif Alvi signed the Finance Supplementary Bill 2023.
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