Ahsan Iqbal said those who had destroyed the economy in the past 3.5 years were demanding an explanation on the current situation from a government that is just four-weeks-old.
economy of pakistan
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EconomyLatest UpdatesNational
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EconomyLatest Updates
PTI-PML(N) got $101.71 Billion foreign loans in nine years, $63 billion returned
by Umar Sohailby Umar SohailForeign exchange reserves with the State Bank of Pakistan have dropped to around $10.5 billion, barely equal to six weeks imports, due to repayment of loans and a wide gap …
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EconomyLatest Updates
Govt to take major decisions on revamping economy in 48 hours: Khawaja Asif
by Umar Sohailby Umar SohailKhawaja Asif said PML-N’s London meeting concluded Friday afternoon after three days of deliberations where major decisions were taken, and it was decided that the economic plan would be placed …
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EconomyInternationalLatest Updates
Remittances in April hit $3.12 billion record high historic mark ahead of Eid festivities
by Umar Sohailby Umar SohailOn a monthly basis, inflows were mainly sourced from Saudi Arabia ($707 million), United Arab Emirates ($614 million), United Kingdom ($484 million) and the United States of America ($346 million).
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EconomyLatest Updates
Dollar surges past 193 record high price in inter-bank, stock market gains 287 points
by Umar Sohailby Umar SohailAccording to the Forex Association of Pakistan, the day’s start saw the greenback appreciating by Rs1.10 from the previous day’s close of Rs192 and reaching Rs193.10 around 11am in the …
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EconomyExclusiveLatest Updates
Pakistan Stock Exchange crashes again with over 940 points decline in intra-day trading
by Umar Sohailby Umar SohailOn Monday (May 9), the Pakistan Stock Exchange 100-index had already lost more than 1500 points. Analysts have urged the allied government to expedite the process of talks with the …
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EconomyLatest Updates
Trade deficit of Pakistan exceeds $39 billion in 10 months of FY22
by Umar Sohailby Umar SohailIn the first 10 months (July 2021 to April 2022) of this fiscal year, the import bill increased 46.4pc, to $65.5 billion from $44.7 billion over the same period last …
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EconomyLatest Updates
Budget deficit hits Rs3.16 trillion in nine months of FY22
by Umar Sohailby Umar SohailThe government spent 2.1 trillion rupees on debt financing while 881 billion rupees were spent on defence in nine months of FY 2021-22.
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Ahsan Iqbal: Government’s first objective is to strengthen the country’s economy
by Hamza Irshadby Hamza IrshadHe stated that immediately after the coalition government assumed office, the country’s stock exchange responded positively, and the Pakistan rupee rose against the US dollar.
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EconomyExclusiveLatest Updates
Dollar crashes a day after SC restores National Assembly and orders to hold voting on no-confidence move on Saturday
by Umar Sohailby Umar SohailWith the passage of time, dollar is shedding more value after restoration of National Assembly by the Supreme Court of Pakistan