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.
Islamabad [Pakistan], July 28 (ANI): With the depleting foreign currency reserves and rising inflation, Pakistan is on the brink of economic collapse and heading towards a path similar to the economic downfall of Sri Lanka.
Islamabad [Pakistan], July 23 (ANI): Amid the rising inflation in the county, the Pakistani government has once again raised the electricity price in the country by PKR 7.91 per unit under "uniform national tariff".
Islamabad [Pakistan], July 15 (ANI): With a shrinking economy and rising inflation in Pakistan, experts worry that Pakistan's future is bleak saying that while Sri Lanka's collapse worries the region, Pakistan's collapse should also be a cause for concern.
Islamabad [Pakistan], June 24 (ANI): Russian Consul General Andrey Viktorovich Fedrov stated that he wasn't aware of any oil deal between Russia and Pakistan, according to The News International.
Islamabad [Pakistan], June 19 (ANI): Due to the increase in the petroleum prices, the inflation rate measured by the Sensitive Price Index (SPI) in Pakistan increased by 3.38 per cent in comparison to the previous week.
New Delhi [India], May 22 (ANI): As the economic crisis grapples with various South Asian countries including Nepal, Sri Lanka, and Pakistan, the three countries including the United States, India, and China have come forward to rescue the nations.
Islamabad [Pakistan], May 19 (ANI): Pakistan's currency plunged to the lowest ever level on Wednesday, as US dollar for the first time in Islamabad's history went beyond PKR200 benchmark in open market.
Islamabad [Pakistan], May 15 (ANI): In a high-profile meeting on Saturday, the Finance Minister of Pakistan, Miftah Ismail affirmed measures to curb the outflow of foreign exchange from Pakistan through informal channels.
Islamabad [Pakistan], April 16 (ANI): Pakistan's former finance minister and economist Hafeez A Pasha has said that Imran Khan-led Pakistan Tehreek-e-Insaaf (PTI) government presented wrong and exaggerated figures regarding the job creation and inflation in the country, reported local media.
Islamabad [Pakistan], March 31 (ANI): The power crisis across Pakistan has intensified as the overall electricity shortfall reached 5000 megawatts, local media reported on Thursday.