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Business

Web Desk
Aug 28, 2024

Govt retires over Rs165 billion debt, reducing net borrowings

The government has repaid Rs165.84 billion in debt during the week ending on August 16, 2024, reducing its total net borrowing.

Business

Web Desk
Jul 05, 2024

International, domestic borrowing push Pakistan’s debt up by 15.01 per cent

The central government’s total debt surged by 15.01 per cent year-on-year, reaching Rs67.82 trillion in May 2024.

Business

Web Desk
Apr 04, 2024

SBP’s forex reserves climb to $8.04 billion

The State Bank of Pakistan (SBP) witnessed a notable uptick in its foreign exchange reserves, climbing by $18.5 million or 0.23 per cent week over week (WoW) to reach $8.04 billion by the week ending on March 29, 2024.

Business

Web Desk
Mar 13, 2024

Petrol, diesel prices expected to increase this week

The government is expected to implement a slight adjustment in fuel prices for the latter part of March 2024.

Business

Web Desk
Mar 11, 2024

Automaker raises car prices following recent tax hike

Pak Suzuki Motor Company Limited has announced a substantial hike in the price of its Swift GLX CVT model.

Business

Web Desk
Mar 08, 2024

Workers’ remittances dip by 6.18% in February

In a recent report by the State Bank of Pakistan (SBP), workers’ remittances for February witnessed a month-over-month (MoM) decline of 6.18 per cent, amounting to $2.25 billion compared to the previous month’s $2.4 billion.

Business

Web Desk
Mar 08, 2024

Weekly SPI shows 1.11% increase

The Weekly Sensitive Price Indicator (SPI) for the Combined Group experienced a modest 1.11 per cent increase week-on-week (WoW) during the period ending March 7, 2024.