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Tag: inflation pakistan

Finance Minister Muhammad Aurangzeb recently participated in the Boao Forum Asia 2025, held in the Chinese city of Boao, Hainan province.
Business
  • Web Desk
  • Mar 27, 2025
FinMin Aurangzeb attends Boao Forum for Asia 2025

The World Bank Group officially approved a new framework worth $20 billion, with the aim of improving sustainable growth in Pakistan
Pakistan
  • Web Desk
  • Jan 15, 2025
World Bank Group pledges $20 billion for Pakistan

The framework is designed to address child malnutrition, educational challenges, climate change impacts and the sustainability of the energy sector.

FBR customs intelligence wing
Business
  • Web Desk
  • Nov 01, 2024
FBR expects Rs130b tax collection deficit, mini-budget required

Such a huge gap can jeopardise Pakistan’s ability to receive the next installment of financial handout from the IMF.

Former Special Assistant for Political Affairs to Nawaz Sharif, Asif Kirmani announced his departure from the PML-N.
Pakistan
  • Web Desk
  • Jul 21, 2024
Former assistant to Nawaz Sharif, Asif Kirmani quits PML-N

Kirmani cited issues such as inflation and electricity bills affecting people’s lives as reasons for his decision.

The federal government of Pakistan Muslim League-Nawaz (PML-N) eliminated several key programmes in the upcoming fiscal year (FY) 2024-2025 budget.
Business
  • Web Desk
  • Jun 15, 2024
Government scraps key programmes in next fiscal year budget

Despite a tax-heavy budget sharply cutting funding beyond essential needs, the government still managed to approve salary increases for government employees.

: During the Annual Plan Coordination Committee (APCC) meeting on Friday, the government approved setting Pakistan's inflation rate at 12 percent for the upcoming fiscal year (FY) 2024-25.
Business
  • Web Desk
  • Jun 01, 2024
Government sets 12 per cent inflation target for FY 2024-25

The committee proposed a gross domestic product (GDP) growth target of 3.6 per cent for the upcoming fiscal year, aiming to stimulate economic expansion and productivity in cash-starved Pakistan. The committee also discussed sector-wise growth targets, setting the agriculture sector at 2 per cent, the industrial sector at 4.4 per cent, and the services sector at 4.1 per cent.

IMF Pakistan
Business Pakistan
  • Web Desk
  • Apr 25, 2024
IMF executive board to consider $1.1 billion funding for Pakistan

The funding would be the second and final tranche of a $3 billion standby agreement between Pakistan and the IMF.

Latest Pakistan
  • Web Desk
  • Apr 09, 2024
Pakistan grapples with unprecedented inflation surge as energy prices spike

Energy inflation in urban areas has increased by 50 percent during in five decades, with overall energy inflation reaching 50.6 per cent.

Miftah Ismail
Politics
  • Web Desk
  • Feb 17, 2024
Miftah Ismail wants PML-N to form government with PTI

The former federal finance minister stated that inflation is increasing by 25 per cent every month and that more than 40 per cent of the entire country is poor.

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