Economy

Textile exports in Pakistan show significant growth

Exports increased by 18% year-on-year (YoY) to approximately USD 1.56 billion. On a month-over-month (MoM) basis, exports rose by 26%

5 months ago

Rise in local mobile phone manufacturing in Pakistan

Pakistan saw a remarkable increase in the manufacturing and assembly of mobile phones, with 2.23 million units produced locally. This…

5 months ago

Inflation in Pakistan expected to decline in June 2024

The headline inflation rate is predicted to be 11.4% year-on-year (YoY), compared to 11.8% in the previous month

5 months ago

Impact of Budget FY25 on each sector

A 10% super tax on banking companies for the tax year 2023 and subsequent years.

5 months ago

Pakistan Federal Budget 2024-25: Key Highlights and Impacts

The Finance Minister has unveiled the federal budget for 2024-25, a critical step for securing the new IMF program. The…

5 months ago

Pakistan Gov’t sets optimistic targets for the Budget 2024-25

The Finance Minister has presented the much-awaited federal budget for the fiscal year 2024-25. This budget is crucial for securing…

5 months ago

A year of recovery, economic survey FY24

The Pakistan Economic Survey for FY24 was recently presented by the Finance Minister and other government officials,

5 months ago

MWMP receives acquisition intent to acquire 74.41% shares

MANDVIWALLA MAUSER PLASTIC INDUSTRIES LIMITED (MWMP) announces the targeted 74.41% share acquisition by MESKAY & FEMTEE

5 months ago

SBP starts monetary easing on receding inflationary pressures

State Bank of Pakistan (SBP) has started the monetary easing cycle with its first rate cut in almost four years.…

5 months ago

SBP Cuts Policy Rate by 150bps: Implications for Pakistan’s Economy

The State Bank of Pakistan (SBP) has announced a significant policy rate cut of 150 basis points (bps), bringing the…

5 months ago