he Pakistani government made a significant decision on Sunday, declaring that petroleum prices would remain unchanged for the upcoming fortnight. This decision, disclosed by the Ministry of Finance in a …
economy of pakistan
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Economy
Interim Finance Minister Says the Country’s Economic Situation Is Worse Than Anticipated
by Umar Sohailby Umar SohailISLAMABAD: As Pakistan faces escalating inflation, Interim Finance Minister Shamshad Akhtar cautioned that the country’s economic situation was worse than anticipated. She said that the government lacks the fiscal capacity …
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Economy
Pakistan army calls on all stakeholders to contribute to the revival of the economy
by Umar Sohailby Umar SohailISLAMABAD: COAS General Syed Asim Munir emphasized the social responsibility of all stakeholders in contributing to Pakistan’s economic revival. He urged them not to lose hope. Speaking at the “Pakistan …
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Economy
IBA Karachi launches report on ‘The State of Pakistan’s Economy 2023-24’
by Umar Sohailby Umar SohailKARACHI: The Institute of Business Administration (IBA) in Karachi has launched its comprehensive report titled “The State of Pakistan’s Economy 2023-24 | Trials and Turmoil: Navigating the Interconnected Challenges of …
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EconomyExclusive
SBP reports current account surplus for the second consecutive month in March 2023, but it falls to $18 million
by Hamza Irshadby Hamza IrshadSBP reports a current account surplus for the second consecutive month in March 2023, but it falls to $18 million The State Bank of Pakistan today released the latest balance …
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Toyota Indus Motor Company (IMC) Limited has issued its financial results for the six-month period ending December 31, 2022. From July-December of the fiscal year 2022-23: The company declared a …
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National
Russia, Pakistan discuss ways to boost energy sector cooperation
by Umar Sohailby Umar SohailRussia and Pakistan discuss ways to boost energy sector cooperation: ISLAMABAD: On Monday, the Islamabad Chamber of Commerce and Industry (ICCI) and the Moscow Chamber of Commerce and Industry (MCCI) …
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Government questions PIA for seeking $40M yearly ISLAMABAD: Govt Questions PIA Demand For $40m Per Year. Questioning a demand by the Pakistan International Airlines Corporation (PIAC) for an annual financial …
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Roti, Naan Prices Continue to Rise in Islamabad: Roti, Naan Prices Continue to Rise in Islamabad Roti and naan prices have risen significantly across the country as a result of …
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National
Finance ministry warns of high inflation, tough economic situation ahead
by Hamza Irshadby Hamza IrshadThe Ministry of Finance has warned of an above 21% rate of inflation, difficult economic conditions, and growing fiscal issues as a result of expenditure overruns during the current fiscal …