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Business

Web Desk
Mar 05, 2024

Pakistan’s central govt debt soars to Rs64.84 trillion

In a recent report released by the State Bank of Pakistan (SBP), the central government’s total debt has surged by 17.85 per cent year-on-year (YoY) to reach Rs64.84 trillion in January 2023, compared to Rs55.02 trillion in the same period of 2022.

Business

Web Desk
Mar 05, 2024

KIBOR witnesses notable drop amidst lower inflation

The Karachi Interbank Offered Rate (KIBOR) experienced a significant drop in response to the recently unveiled CPI-based inflation figures.

Business

Web Desk
Feb 27, 2024

Pakistan’s CPI-based inflation expected to decline to below 24%

In a recent report, Arif Habib Limited (AHL) revealed that consumer price index (CPI)-based inflation in Pakistan is poised to decrease, projecting a year-on-year (YoY) rate of 23.5 per cent for February.

Business

Web Desk
Feb 12, 2024

SBP data reveals over 27% surge in central govt debt

The latest data released by the State Bank of Pakistan (SBP) reveals a notable increase in the central government’s total debt.

Business

Shahzad Paracha
Jan 30, 2024

Pakistan allocates Rs4,220 billion for interest payments in 1HFY24

The government has allocated a substantial sum, amounting to Rs4,220 billion, for interest payments in 1HFY24.

Business

Web Desk
Jan 24, 2024

1.5% increase expected in Pakistan’s inflation

A prominent brokerage house has predicted that consumer price index (CPI)-based inflation in Pakistan is poised to persist.

Business

Web Desk
Oct 26, 2023

Experts believe Pakistani rupee’s current strength unlikely to last

Goldman Sachs Group Inc. is expressing concern about the recent rise in the value of the Pakistani rupee, suggesting that this increase might not last long.

Business

Web Desk
Oct 25, 2023

Pakistani rupee declines against US dollar, closes at Rs279.88

In Wednesday’s trading session, the Pakistani rupee (PKR) experienced a marginal depreciation of 0.15 per cent against the US dollar (USD) in the interbank market, as reported by the State Bank of Pakistan (SBP).