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Tag: Economic Challenges

gas price hike
Business
  • Web Desk
  • Jan 21, 2024
IMF urges Pakistan to implement gas tariff hike

IMF projected that the gas tariff raise on November 1, 2023, will contribute to headline inflation in the coming months.

Pakistan headline inflation
Pakistan
  • Web Desk
  • Jan 13, 2024
SPI soars: Pakistanis face third week of rising weekly inflation

In economic developments, Pakistan’s weekly inflation has marked a persistent uptrend, rising for the third consecutive week.

Pakistan petrol sales decline
Latest
  • Web Desk
  • Jan 04, 2024
Pakistan’s petroleum sector faces 15% sales dip in first half of FY24

The initial six months of FY24 brought challenging times for Pakistan’s petroleum sector, marked by a significant decline in sales.

Vegetable and fruit prices in Lahore
Business
  • Web Desk
  • Dec 26, 2023
Lahore shopkeepers ignore official rates for vegetables, fruits

In Lahore, the reduction in prices of perishable items has failed to make a significant impact on consumer prices, as a diverse trend in the prices of vegetables and seasonal fruits has been noted this week.

gas bill hike
Business
  • Web Desk
  • Dec 24, 2023
Peshawar residents to block highway in protest against high gas bills

Numerous residents of Peshawar are expressing discontent over the exorbitant natural gas utility bills and have declared their intention to approach the Peshawar High Court (PHC) for redress.

Gas price hike Pakistan
Business
  • Web Desk
  • Dec 22, 2023
Gas consumers to pay higher bills as OGRA notifies major hike

In a recent development, the Oil and Gas Regulatory Authority (OGRA) issued a notification on Friday, revealing an upward adjustment in liquefied natural gas (LNG) prices.

Sugar exports
Business
  • Web Desk
  • Dec 19, 2023
Soaring sugar prices worsen inflation woes for Pakistanis

In a concerning development, sugar prices in Pakistan have surged to Rs143 per kg in retail markets nationwide, exacerbating the financial strain on the already inflation-hit masses.

Vegetable and fruit prices in Lahore
Business
  • Web Desk
  • Dec 19, 2023
Lahore residents forced to buy fruits, vegetables at artificially increased prices

The prices of a majority of seasonal vegetables have taken a dip after experiencing consecutive increases over the last few weeks.

Punjab schools winter holidays
Pakistan
  • Web Desk
  • Dec 16, 2023
Punjab schools temporarily ease uniform restrictions for winter season

As the chill of winter descends upon Pakistan, the Punjab education department has taken a commendable initiative by announcing a temporary modification to the school dress code applicable to both private and government schools.

Toyota Corolla sales in Pakistan
Business
  • Web Desk
  • Dec 11, 2023
Pakistan witnesses over 68% YoY decline in car sales

In November 2023, the passenger car market in Pakistan witnessed a significant downturn, as reported by the Pakistan Automotive Manufacturers Association (PAMA).

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