Pakistan’s external debt of $95 bn is low: SBP
State Bank of Pakistan (SBP) acting Governor Murtaza Syed on Friday said that Pakistan’s external debt of $95 billion is…
Economy
Follow the latest economy news, inflation updates, currency movements, interest rates, trade, taxation, employment, government budgets, energy prices, and financial policy developments from Pakistan and around the world. Get clear reporting and analysis on the economic indicators and decisions that affect households, businesses, investors, and national growth. Economic coverage commonly includes policy, jobs, trade, banks, inflation, taxes, and broader economic conditions.
Bitcoin rises 5.11% to $23564.93
Bitcoin is up 33.9% from the year’s low of $17,592.78. Bitcoin rises 5.11% to $23564.93. Bitcoin rose 5.11% to $23,564.93…
Fitch revises Pakistan’s outlook to negative
Fitch sees considerable risks to its implementation of IMF program. Fitch Ratings on Tuesday revised Pakistan’s Outlook to Negative from…
World Bank approves $200m loan for Pakistan
PRIAT will increase agricultural productivity through efficient & equitable access to water for small farms. World Bank approves $200m loan…
Pakistan to soon receive $1.17b under agreement with IMF
Agreement has been inked to complete the 7th & 8th reviews of Pakistan’s Extended Fund Facility Pakistan to soon receive…
Pakistan paid $9.436 billion on account of debt servicing
These massive payments eroded the country’s foreign exchange reserves. Pakistan paid $9.436 billion on account of debt servicing. The government…
Euro hits 20-year low against dollar on recession risk
The euro also dived as investors eyed aggressive interest rate hikes LONDON: (FactFile Desk)- The European single currency sank Tuesday…
Turkish inflation hits two-decade high of 78.6%
Headline inflation driven by 123.4% jump in cost of transportation. ISTANBUL: Inflation in Turkey in June soared to an annual…
Pakistan’s exports to America expected to cross $8 billion
Pakistan’s year-on-year exports to the United States have increased by 23%. Pakistan’s exports to America expected to cross $8 billion….
Inflation reaches 6.34pc in June
Chicken became cheaper by 7.83, flour 3.76 & vegetables 3.54 per cent in June, the report stated. ISLAMABAD: Inflation, as…