The State Bank of Pakistan (SBP) jacked up its policy rate by 16 per cent on Friday, the Express Tribune reported on Friday citing the bank after a meeting of its monetary policy committee (MPC), according to the Express Tribune.
Islamabad [Pakistan], September 9 (ANI): Amid the increasing inflation, the millers in Pakistan have yet again increased the prices of flour by PKR 7 and PKR 10 in fine and super fine flour (maida).
Islamabad [Pakistan], September 3 (ANI): The Pakistan Bureau of Statistics (PBS) on Friday stated that the inflation measured by the Sensitive Price Index (SPI) rose steeply in the previous week climbing to a record 45.5 per cent year-on-year in September, the highest level in a decade.
Islamabad [Pakistan], August 25 (ANI): Pakistan's economy is slowing to around 3.5 per cent due to weakening economic conditions and the average inflation rate peaking to nearly 20 per cent by the end of the current fiscal year, according to the International Monetary Fund (IMF).
Islamabad [Pakistan], August 25 (ANI): Pakistan's Foreign Direct Investment (FDI) fell 43 per cent to USD 59 million in July from USD 103.8 million a year ago, local media reported citing central bank data.
Islamabad [Pakistan], August 19 (ANI): Pakistan Bureau of Statistics (PBS) on Friday stated that the inflation measured by the Sensitive Price Index (SPI) rose sharply in the previous week climbing to a record 42.3 per cent year-on-year basis in August.
Islamabad [Pakistan], August 10 (ANI): Karachi has yet again made it to the list of worst cities to live in the world in 2022, according to the Global Liveability Index released by the Economist Intelligence Unit (EIU) recently.
Karachi [Pakistan], August 10 (ANI): Amid the increasing inflation, a video of a Pakistani woman has surfaced, describing the skyrocketing prices of medicines, groceries and electricity in the country, especially in Karachi city and slamming Prime Minister Shehbaz Sharif and PML-N leader Mar
Islamabad [Pakistan], August 9 (ANI): Pakistani citizens are taking their financial woes online and criticizing the country's Prime Minister Shehbaz Sharif and Pakistan Muslim League Nawaz (PML-N) top leader Maryam Nawaz for doing nothing for the relief of the masses, media reports said.
Islamabad [Pakistan], August 3 (ANI): The price of life-saving drugs in Pakistan might witness an increase of 7 per cent and the price of other medicines may also hike by up to 10 per cent as per the Drug Pricing Policy of 2018 amid the rising inflation rate in the country.
Islamabad [Pakistan], August 1 (ANI): Pakistan Bureau of Statistics (PBS) on Monday reported that the inflation rate in the country has spiked to a 14-year high of 24.9 per cent in the month of July, media reported.