Search For "inflation"
Pakistan's weekly inflation reaches all-time high of 47.23 per cent
Updated : 2 years, 11 months ago IST
The data released by the Pakistan Bureau of Statistics (PBS) revealed that the increase was particularly driven by rising food prices, which resulted in a 0.51 per cent increase in short-term inflation on a week-on-week basis.
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Gold expected to continue to shine due to recession fears and high inflati
Updated : 2 years, 11 months ago IST
Bangalore (Karnataka) [India], April 21 (ANI/PRNewswire): A recent study on precious metals by Windmill Capital, a wholly-owned subsidiary of smallcase Technologies Pvt Ltd, highlights that Gold has been in focus during FY23 due to the uncertainty in the global financial markets. The equity
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"Large number of Pakistani are willing to leave the country," says expert
Updated : 2 years, 11 months ago IST
According to him, such a large number of searches are not seen in India or Bangladesh, which suggests that a large number of Pakistani are willing to leave the country, reported VOA.
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Pak: Everyday essentials out of reach for people amid rising inflation
Updated : 2 years, 11 months ago IST
As Pakistan continues to grapple with economic challenges due to a shortage of foreign exchange reserves, the citizens find it tough to buy everyday essentials like flour, oil and gas.
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Hostile attitude of Islamabad, SBP forcing multinationals to flee crisis-h
Updated : 2 years, 11 months ago IST
During the past few months, several multinational companies have expressed dismay over institutional hurdles impacting their businesses. Most prominent among them is the excessive foreign exchange control followed by Pakistan.
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With Eid-ul-Fitr approaching, concerns expressed over increasing inflation
Updated : 2 years, 11 months ago IST
The situation is the same across Pakistan. People do not have money to buy and one reason for increasing crime rates is unstoppable inflation and poor people having no way out to meet ends, as per Daily K2.
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Wholesale inflation in March cools to 1.34 pc, lowest in 29 months
Updated : 2 years, 11 months ago IST
According to the statement released on April 17, the fall in prices of basic metals, food products, textiles, non-food articles, minerals, rubber and plastic products, crude petroleum & natural gas and paper and paper products contributed to the decline in the rate of inflation in March.
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UAE participates in MENAP Finance Ministers and Central Bank Governors Mee
Updated : 2 years, 11 months ago IST
The meeting was held on the sidelines of the 2023 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) in Washington, DC from 10th to 16th April, and discussed key strategic issues and economic growth in the region, in addition to future prospects and fisca
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Economic, political tension worsens poverty in Pakistan: Report
Updated : 2 years, 11 months ago IST
The report says Pakistan's economy is under stress with low foreign reserves and high inflation. Activity has fallen with policy tightening, flood impacts, import controls, increased borrowing and fuel costs, low confidence, protracted policy and political uncertainty. Despite some projected
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Amid reeling economic crisis, Pak govt hikes petrol price for next 15 days
Updated : 2 years, 11 months ago IST
Ishaq Dar, the finance minister, revealed on Saturday that the federal government has decided to raise the cost of petrol by Rs 10 per litre for the ensuing 15 days, Geo News reported.
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Pakistan's inflation to rise to 29.5pc in FY23: World Bank
Updated : 2 years, 11 months ago IST
The World Bank has warned that Pakistan's inflation is projected to further rise to 29.5 per cent in the fiscal year 2023 due to higher energy and food prices and the weaker Rupee, Dawn reported.
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India plays key role in IMF's clearance of 48-month EFF worth USD 2.9 bill
Updated : 2 years, 11 months ago IST
India earnestly supported Sri Lanka in this arduous journey of mobilizing IMF support amid a serious foreign exchange crisis and consequent harsh economic conditions.
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