Fiscal Year 2024 Archives

Home
Fiscal Year 2024

Tag: Fiscal Year 2024

Business

Web Desk
Nov 01, 2023

Pakistan’s headline inflation drops below 27% in October

Pakistan experienced a headline inflation rate of 26.9 per cent compared to the previous year, according to the Pakistan Bureau of Statistics.

Business

Web Desk
Oct 23, 2023

State Bank predicts 2-3% GDP growth for Pakistan in FY24

The State Bank of Pakistan (SBP) has projected a GDP growth of 2-3 per cent for the fiscal year 2024, citing a report from the central bank.

Business

Web Desk
Oct 23, 2023

Pakistan Stock Exchange closes above 51,000 mark for the second time in history

The Pakistan Stock Exchange’s benchmark KSE-100 Index concluded at 51,070.83, marking a significant increase of 338.96 points.

Business

Web Desk
Oct 09, 2023

Economists predict only 2.4% GDP growth for Pakistan in FY24

In the latest survey conducted by Bloomberg between October 4 and 6, Pakistan’s economic outlook for the fiscal year 2024 appears subdued.

Business

Web Desk
Oct 06, 2023

Govt expected to hike petroleum levy to meet revenue targets

In pursuit of the revenue goals set by the International Monetary Fund (IMF), the government is expected to increase the Petroleum Development Levy (PDL) charge for high-speed diesel (HSD) to Rs60 per litre. This move aims to achieve a targeted revenue of Rs869 billion.

Latest

Hum News
Oct 02, 2023

Petroleum sales in Pakistan decline by 34% due to high prices

In a stark contrast to the previous year, the oil marketing companies (OMCs) in Pakistan experienced a significant setback as their sales plummeted by 34 per cent year-on-year (YoY) in September 2023. The figures stood at 1.01 million tonnes (MTs) compared to a robust 1.52 MTs in September 2022.