Islamabad, March 3, 2025 – Pakistan’s headline inflation, measured through the Consumer Price Index (CPI), recorded a decline to 1.5% on a year-on-year (YoY) basis in February 2025, compared to 2.4% in the previous month and a significantly higher 23.1% in February 2024. This decline in headline inflation suggests a notable easing in price pressures, reflecting improved economic stability.
(more…)Category: Pakistan
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PSX Expects Pakistan’s Economic Growth to Continue
Karachi, February 27, 2025 – The Pakistan Stock Exchange (PSX) has expressed optimism that Pakistan’s economic growth is likely to persist in the coming months, driven by macroeconomic stabilization measures and strategic policy shifts.
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Pakistan, Azerbaijan Sign MOU for Joint Oil Trading Company
Karachi, February 24, 2025 – Pakistan and Azerbaijan have strengthened their energy sector collaboration by signing a Memorandum of Understanding (MOU) on Monday for the establishment of a joint oil trading company.
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PTCL Discloses Key Investment Information to Stock Market
Karachi, February 21, 2025 – Pakistan Telecommunication Company Limited (PTCL) has officially disclosed significant material information to traders at the Pakistan Stock Exchange (PSX), underscoring its commitment to technological advancement and infrastructure development.
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Foreign Banks Withdraw $165 Million from Pakistan
Karachi, February 21, 2025 – Foreign banks operating in Pakistan have repatriated a substantial amount of $165 million in profits and dividends during the first seven months (July–January) of the fiscal year 2024-25, according to a report released by the State Bank of Pakistan (SBP).
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Aurangzeb Urges Taxation of Free-Riders to Stabilize Economy
Islamabad, February 20, 2025 – Finance Minister Muhammad Aurangzeb has underscored the urgent need to bring the undocumented economy into the tax net, warning that Pakistan can no longer afford to sustain “free riders” who evade taxation.
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Pakistan Grants Tax Exemption to ICC for Champions Trophy 2025
Islamabad, February 20, 2025 – Pakistan has decided to grant a tax exemption on income generated from the ICC Champions Trophy 2025, a move aimed at ensuring smooth operations for the highly anticipated cricket tournament.
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Pakistan Opens 71 New Blocks for Oil and Gas Exploration
Islamabad – Pakistan has announced the offering of 71 new blocks for oil and gas exploration, marking a significant step in revitalizing the country’s energy sector after a decade.
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Pakistan Records $682 Million Current Account Surplus in 7MFY25
Karachi, February 18, 2025 – Pakistan recorded a current account surplus of $682 million during the first seven months of the fiscal year 2024-25 (July–January), according to data released by the State Bank of Pakistan (SBP) on Tuesday.
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Government Pays Massive Rs 5.14 Trillion as Mark-Up in 1HFY25
Karachi, February 10, 2025 – The government of Pakistan has disbursed a staggering Rs 5.14 trillion as mark-up on loans acquired from both local and international financial institutions during the first half (July-December) of the ongoing fiscal year 2024-25.
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