Tag: ECONOMY
18 Dec 2024
Foreign direct investment soars 31% to $1.124 billion
Chinese companies shared 60% of FDI
18 Dec 2024
Pakistan records $729 million current account surplus after 10 years
The deficit was $148 million in November 2023.
12 Dec 2024
Pakistan to pay up to 8.5% interest rate on foreign debt, including IMF loans
Despite billions of dollars in loans Pakistan has to take $2.5 billion from foreign countries
11 Dec 2024
ADB approves $200 million to upgrade Pakistan's power supply system
Online transformer monitoring has also been added to the project’s draft
6 Dec 2024
Customers to pay withholding tax for booking wedding halls: FBR
The party who will book the hall will pay the tax.
6 Dec 2024
Pakistan becomes 2nd largest country in region to pay 'heavy interest' on debts
Experts attribute the situation to the overvalued US dollar.
2 Dec 2024
Inflation rate sinks to its lowest level at 4.9% in 6.5 years
The inflation rate was 7.2 percent last month
25 Nov 2024
Renowned banker accuses govt of lying about Rs190 billion loss due to PTI protests
He pointed out that the combined GDP of Islamabad and Rawalpindi amounts to only $24.3 million per day.
19 Nov 2024
Pakistan struggles to attract foreign investment
China has the biggest contribution of $414.5 million in total FDI
2 Nov 2024
Pakistan's inflation drops to 7.2% in October, lowest in four years
The slowdown trend has been continuing for three months
29 Oct 2024
Energy sector's circular debt surges to Rs2.39 trillion
The circular debt in the energy sector rose by Rs83 billion.