Pakistan’s economy is facing challenges due to the current political situation, World Bank reports
File photo The Economic Development Outlook and Risk Report on the Pakistani economy has been released by the World Bank,...
Pakistan
The Election Expenses Bill was presented in the National Assembly
Federal Finance Minister Ishaq Dar - File photoFederal Finance Minister Ishaq Dar presented the Election Expenses Bill in the National...
Pakistan to freeze government recruitment and wages, World Bank
The World Bank says Pakistan should freeze senior and middle-level government recruitment and salaries, reduce government staff meetings, travel spending...
A sharp increase in the prices of food and drink in one year
In Pakistan, the prices of food and drink have increased significantly during the last one year. According to the data...
Fifty percent of the textile industry was on the brink of closure
Pattern-in-Chief of All Pakistan Textile Mills Association Gohar Ijaz has written a letter to Prime Minister Shahbaz Sharif.In a letter...
Inflation has ‘doubled’ the cost of salary
—File photoThe continuous increase in the rate of inflation has broken the back of the middle class and the poor,...
Business leaders react to IMF demand for interest rate hike
Collage photo fileAfter the International Monetary Fund (IMF) demand, the reaction of the business community came out on the big...
On the demand of the IMF, the interest rate was increased by 3%
Photo: FileThe State Bank of Pakistan (SBP) increased the interest rate by 3% on the demand of the IMF, the...
Sales tax on luxury items to be increased from 17 to 25 percent in the mini budget
File photoA notification to increase the sales tax rate on luxury items to 25% will be issued soon.According to the...
Government and semi-government institutions are in default of billions in electricity dues
—File photoGovernment and semi-government institutions have defaulted on billions of rupees in electricity dues, ISCO has issued notices to the...
Inflation increased further this week, with the overall rate reaching 38.42 percent
The rate of inflation in the country reached 38.42% after increasing by 2.89% this week.According to the Bureau of Statistics,...
In the 6 months of the current financial year, the production of industries decreased by 3.68%
File photoIn the ongoing report of the Institute of Statistics, it is said that during the 6 months of the...
