Pakistan’s GDP Shows Positive Growth in 3QFY24
The National Accounts Committee (NAC) has released GDP estimates for the third quarter of FY24, indicating a growth of 2.09%, a significant improvement from the...
Pakistan’s Cotton Industry: Current State and Challenges
Cotton, often referred to as "white gold," plays a crucial role in Pakistan's economy. It is the country's second major crop, contributing approximately 0.3% to...
Cement dispatches decline by 25% in April 2024
In April 2024, cement dispatches in Pakistan fell to 2.94 million tons, showing no year-over-year growth but a significant 25% month-over-month decline.
IPPs capacity payments projected to rise by 33pc to Rs2.8tr in next fiscal year
Consumers in Pakistan are bracing for higher electricity bills as independent power producers (IPPs) anticipate a significant increase in capacity payments. In the fiscal year...
OGRA recommends a decrease in gas prices for FY25, SNGP Petition Denied
The Oil and Gas Regulatory Authority (OGRA) has made a significant decision regarding gas prices for the fiscal year 2025
Inflation expected to drop to 13.1% in May 2024
Inflation in Pakistan is projected to decrease significantly to 13.1% in May 2024, compared to 17.3% in April 2024.
Textile exports decline by 5% in April 2024
textile exports were approximately USD 1.2 billion. Despite a steady increase over the past five months, this represents a 5% decrease compared to March...
Pakistan’s LSMI shows modest growth in March 2024
Pakistan Bureau of Statistics released data indicating a 2.0% year-on-year increase in the production levels of Large Scale Manufacturing Industries (LSMI)