Weekly inflation rate dips by 0.34 pc
ISLAMABAD: The Weekly Sensitive Price Indicator (SPI) for the Combined Group decreased by 0.34% for the week ending May 23,…
IMF asks Pakistan to ‘impose’ tax on monthly pensions
The International Monetary Fund (IMF) has asked Pakistan to tax monthly pensions over Rs 100,000. According to reports, the new…
Buyers will keep springing for fancy Walmart wares
(Reuters) – Walmart (WMT.N) is thriving while consumers cut back on pricier options like Starbucks (SBUX.O) and McDonald’s (MCD.N). As…
Pakistan sees drop in weekly inflation; annual prices remain high
ISLAMABAD: The Weekly Sensitive Price Indicator (SPI) has declined for the fifth consecutive week. The SPI, a key measure of…
What does Pakistan need to do to get a fresh bailout package from IMF?
Pakistan’s economic managers are currently grappling with three pressing issues to stabilize the economy and achieve growth. Engaging with the…
Bank borrowings hit Rs6.2 tr in just 10 months
WEB DESK: Pakistan’s government surpassed its treasury bills auction target, raising Rs640 billion on Wednesday, while simultaneously reducing the cut-off…
Price of petrol expected to drop from Thursday
The price of petrol in Pakistan is expected to decrease by Rs13 from May 16. Additionally, the price of diesel…
Pakistan imports $1 bn of wheat in first nine months of FY: report
WEB DESK: Pakistan has imported one billion US dollars’ worth of wheat in the first nine months of the current…
UN anticipates 2 pc GDP growth, 26 pc inflation for Pakistan in current FY
ISLAMABAD: In the face of ongoing economic challenges in Pakistan, the United Nations Economic and Social Survey of Asia and…