Private sector credit decreases fivefold, Govt borrowings triple

Central bank data showed that bank credit to the private sector considered an engine of economic growth, dropped...

Pakistan's central bank hikes interest rate by 300 bps to 20 pc

Pakistan's Central Bank increased the interest rate by 300 bps taking the total increase to 1,050 bs since January...

Govt fails to achieve price stability: Pak central bank

The State Bank of Pakistan has estimated that growth in FY23 would be less than the low range set for the year.

Economic indicators suggest Pak's economic situation would worsen

Pakistan's economic downfall will continue as the economic indicators point a economic crisis in near future

IMF rejects Pakistan's borrowing request

Islamabad [Pakistan], November 25 (ANI): The International Monetary Fund (IMF) has rejected Pakistan's request to...

Pakistan: State Bank's reserves fall USD 123 million to USD...

Karachi [Pakistan], September 10 (ANI): Foreign exchange reserves held by Pakistan's Central Bank fell 0.61 per cent...