Pakistan’s Jul-Mar Trade Deficit Narrows by 35.51% YoY to $22.9billion
According to data from the Pakistan Bureau of Statistics (PBS), during the first nine months (July to March) of the...
Pak Suzuki extends motorbike production shutdown
Pak Suzuki Motor Company announced a 15-day extension to the longest motorbike plant shutdown to date. The company stated that...
SBP likely to raise interest rate to unlock IMF loan programme
State Bank of Pakistan (SBP) is likely to raise the interest rate by 2 percent at the upcoming meeting of...
Intra-day update: rupee under pressure against US dollar
During the early hours of trading in the inter-bank market on Monday, the Pakistani rupee suffered a marginal loss against...
FM Ishaq Dar to visit Washington to attend IMF, WB meetings
To attend the upcoming annual spring meeting of the Breton Wood Institutions (BWIs), also known as the International Monetary Fund...
OPEC+ Announces Surprise Output Cuts, Sending Oil Prices Soaring by $5 per Barrel
The sudden declaration by OPEC+ to further reduce output in what top producer Saudi Arabia called a precautionary measure to...
Govt issues fresh guidelines to regulate forex payments
The government has issued guidelines to regulate forex payments in compliance to ensure financial discipline for reviving the stalled International...
Pakistan capable to be included in 20 largest economies
According to Finance Minister Ishaq Dar, Pakistan has the capacity to rank among the top twenty economies in the world....
Textile exports may fall by $3bn this year, warns APTMA
Pakistan's textile exports could fall by $3 billion this year as compared to last year, the All Pakistan Textile Mills...
Rising political, economic uncertainty fuelling inflation: Finance Ministry
The government has identified various economic factors as well as “rising economic and political uncertainty” responsible for fuelling price hikes...