The measures taken in view of the financial emergency include that all government vehicles used by officers (entitled) should not be given over 120 litres of fuel per month. Employees travelling out of town, city or village on official work should be given two DAs according to their grade an
The interest rate in Pakistan skyrocketed to its highest in 24 years after the State Bank of Pakistan (SBP) raised its key policy rate by 16 per cent on Friday to curb inflation, according to Dawn.
The State Bank of Pakistan (SBP) jacked up its policy rate by 16 per cent on Friday, the Express Tribune reported on Friday citing the bank after a meeting of its monetary policy committee (MPC), according to the Express Tribune.
Islamabad [Pakistan], September 9 (ANI): Amid the increasing inflation, the millers in Pakistan have yet again increased the prices of flour by PKR 7 and PKR 10 in fine and super fine flour (maida).
Islamabad [Pakistan], September 3 (ANI): The Pakistan Bureau of Statistics (PBS) on Friday stated that the inflation measured by the Sensitive Price Index (SPI) rose steeply in the previous week climbing to a record 45.5 per cent year-on-year in September, the highest level in a decade.
Islamabad [Pakistan], August 25 (ANI): Pakistan's economy is slowing to around 3.5 per cent due to weakening economic conditions and the average inflation rate peaking to nearly 20 per cent by the end of the current fiscal year, according to the International Monetary Fund (IMF).
Islamabad [Pakistan], August 25 (ANI): Pakistan's Foreign Direct Investment (FDI) fell 43 per cent to USD 59 million in July from USD 103.8 million a year ago, local media reported citing central bank data.
Islamabad [Pakistan], August 19 (ANI): Pakistan Bureau of Statistics (PBS) on Friday stated that the inflation measured by the Sensitive Price Index (SPI) rose sharply in the previous week climbing to a record 42.3 per cent year-on-year basis in August.