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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.
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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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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.
(more…)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.
(more…)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
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