Pakistan government introduces new amends in budget to meet IMF criteria

Jun 29, 2024

In an amendment to Finance Bill 2024, which was presented to the National Assembly on June 12, the government reduced the Petroleum Development Levy...

Pakistan's debt hits record high at PKR 67.816 Trillion: Report

Jul 05, 2024

The central bank data reveals a significant 15 per cent increase in the federal government's total debt over the past year, marking an addition...

Pakistan's financial mismanagement continues, debt per person alarmingly high

Sep 21, 2024

The average debt per citizen in Pakistan has now touched PKR 295,000. The total debt owed by the country currently has risen by PKR...

Pakistan caretaker govt hikes petrol price by PKR 2.73 per litre

Feb 15, 2024

Pakistan's outgoing caretaker government on Thursday increased the petrol price by Pakistan Rupees (PKR) 2.73 per litre to PKR 275.62 per litre for the...

Pakistan rupee again loses value against US dollar, closes at 278.40 PKR

Apr 18, 2024

According to the State Bank of Pakistan (SBP), the American dollar appreciated by 11 paise against the local currency to PKR 278.40 from PKR...

Pakistan: Milk price soars to PKR 210 per litre in Karachi

May 05, 2024

As per the commissioner's directives, the price of milk has surged by PKR 10 per litre, with shops in Karachi now selling milk at...