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economy

Financial year 2023-2024 :a dismal year for Pakistan’s economy

Finance Minister Muhammad Aurangzeb, while unveiling the Pakistan Economic Survey (PES) 2023-24, announced that Pakistan's economy fell short of most targets set in the...

Weekly inflation reaches a new low, the lowest in 7 months.

The weekly inflation rate in Pakistan, as measured by the Sensitive Price Indicator (SPI), decreased by 1.10% for the week ending April 25, 2024....

Pakistani Textile exports experience decline on monthly bases despite annual growth

Pakistani textile exports which had shown slight increases over two consecutive months, have once again declined on a month-on-month basis. According to the latest...

Ali Amin Gandapur asks Shehbaz to engage with Imran Khan

In a notable development aimed at thawing tensions, Khyber-Pakhtunkhwa (K-P) Chief Minister Ali Amin Gandapur, representing the Pakistan Tehreek-e-Insaf (PTI), convened a meeting with...

IMF wants flexible exchange rate in Pakistan

In Karachi, sources within the financial sector, closely connected to the Ministry of Finance, noted that the International Monetary Fund (IMF) has disregarded Pakistan's...

Pakistan is poised to commence “challenging” discussions with the IMF

Pakistan's upcoming discussions with the International Monetary Fund (IMF) later this month will prominently feature the country's debt burden as it seeks assistance to...

Shehbaz Sharif decided to hire foreign consultant for FBR reforms and digitalization

In Islamabad, Prime Minister Shehbaz Sharif directed the engagement of a foreign consultant on Tuesday to modernize the Federal Board of Revenue (FBR), signaling...

PM Pakistan Shehbaz Sharif directs economic team to prepare action plan regarding IMF

In Islamabad, Prime Minister Shehbaz Sharif instructed to promptly advance discussions with the International Monetary Fund (IMF) concerning the Extended Fund Facility (EFF). During his...

The textile exports of Pakistan surges 20% in Feburary 2024

In February, Pakistan's textile sector experienced significant growth in exports, reaching $1.41 billion compared to $1.18 billion in the same month last year, marking...

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