Prices are going down!

The disagreement between the federal government and the Punjab government over wheat provision has been resolved,

OGDC gets the advantage amid economic chaos

Oil and Gas Development Company's (OGDC) net profit increased 46% to Rs133.78 billion in the fiscal year ended June 30, 2022, owing to a...

Seeking no relief from commercial banks: Miftah

Miftah Ismail emphasized the government would not seek any relief from commercial banks or Eurobond creditor.

SPI based weekly inflation decreases by 8.11pc

After making new records, the Sensitive Price Indicator (SPI) for the current week ended on 22nd September 2022 recorded a decrease of 8.11%.

PKR vs. USD: the former snapped its 15-session losing track

The Pakistani rupee snapped its 15-session losing track against the US dollar on Friday, after depreciating continuously.

IMF may relax its programme terms for Pakistan: Miftah Ismail

Miftah Ismail said on Friday that IMF Managing Director has "expressed agreement" with Pakistan's request to alter the terms of the loan.

Flood-hit Pakistan should suspend debt repayments, says UN paper

Pakistan should suspend international debt repayments and restructure loans with creditors after recent floods added to the country’s financial crisis.

Pakistan faces high levels of food insecurity: World Bank

According to the World Bank report “Food Security Update”, flooding has exacerbated previously high levels of food insecurity in Pakistan.

PSX responds to the Fed interest rate hike

The Pakistan Stock Exchange fell for the fourth straight session this week as investors responded to the US Fed hiking the key interest rate.

Drop in Current account deficit by 19pc

The country's current account deficit shrank by 19% in the first two months of fiscal year (FY23) due to lower imports and higher exports.

Flood relief package from the international lender

The Asian Development Bank (ADB) said that it is working on a relief package for Pakistan, which is dealing with severe floods.

Country’s top fuel importer implements diversification strategy

PSO, the country's top fuel importer and retailer, plans to develop a $500 million LNG station as part of its diversification strategy.
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