Only 11% of Pakistanis see positive future: survey
A recent international research institute IPSOS survey shows that only 10% of Pakistanis think the country is moving in the right direction. The survey, part of the Consumer Confidence Index (CCI) in Pakistan, reflects growing concerns about the economy, with many expressing a pessimistic outlook. According to the survey, 11%
Weekly inflation in Pakistan sees minor 0.1% drop
The Pakistan Bureau of Statistics reports a slight 0.1 percent decline in the inflation rate during the past week. This minor decline follows a long stretch of continuous price increases, offering a bit of relief to ordinary citizens. The data indicates that prices for nine essential items, including tomatoes, wheat
Pakistan inflation slows to three-year low
Pakistan’s headline inflation hit 11.1% year-on-year in July 2024, the lowest since November 2021, according to the Pakistan Bureau of Statistics (PBS). Moreover, month-on-month Consumer Price Index inflation rose by 2.1% in July 2024, compared to a 0.5% rise last month. However, urban CPI inflation stood at 13.2% year-on-year in
IMF Flags Pakistan in Conflict, Urges Reforms Amid Bailout Talks
Islamabad: The International Monetary Fund (IMF) has identified Pakistan as one of six countries grappling with severe conflicts this year, predicting these tensions and stringent economic policies will dampen their financial growth. Finance Minister Muhammad Aurangzeb recently discussed Pakistan’s interest in a new long-term bailout package during a meeting with IMF
