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Wednesday, February 5, 2025
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Inflation

IMF forecasts 3.2% GDP growth rate for upcoming fiscal year

Pakistan's economy is set to gain momentum, as the International Monetary Fund (IMF) projects a GDP growth rate of 3.2% for the fiscal year...

Price magistrates crack down on small vendors

In Rawalpindi district, the 60 Price Control Magistrates are reportedly targeting only small grocery vendors and street vendors with fines, while no penalties have...

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....

Global investors are scaling back amid worries about inflation.

Investors made high investment during June as there was growing confidence among them that the IMF loan programme would be revived.Global investors dumped equity...

World Bank forecasts Pakistan’s GDP growth for the next fiscal year to be between 1.8%-2.5%

Some 40 per cent of Pakistanis continue to live below the poverty line with little in sight to hope for better days. The country’s...

Weekly inflation reaches its highest level in nine weeks

In Karachi, Pakistan, the inflation rate reached a nine-week peak at 1.36% for the week ending March 14, 2024, driven by notable increases in...

The specter of inflation looms over Ramadan celebrations

As Pakistan enters the auspicious month of Ramadan, families are confronted with a significant rise in food prices, imposing a severe financial burden and...

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...

Indus Motor company halts production due to auto parts shortage

In Karachi, the Indus Motor Company (IMC) has announced a six-day halt in its production plant due to a shortage of auto parts and...

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