Pakistan’s external debt and liabilities increased from $122.199 billion by the end of June 2021 to $125.876 billion by the end of September 2021, registering an increase of $3.677 billion.This was revealed by the Ministry of Economic Affairs in an in-…
The Sensitive Price Indicator (SPI) based weekly inflation rate has reached 14.31% after an increase of 1.23% on a year-on-year (YoY) basis. According to the Pakistan Bureau of Statistics, the combined index was at 163.44 on October 28, 2021, as compar…
The Federal Board of Revenue (FBR) has exceeded the assigned tax collection target of Rs. 397 billion set for the month of October 2021.It has collected Rs. 428 billion provisionally during this month against the assigned target of Rs. 397 billion unti…
The circular debt was recorded at Rs. 2,379 billion in the first quarter of the current fiscal 2021-22.The power division has informed the Cabinet Committee on Energy (CCoE) that the circular debt reached Rs. 2,379 billion from July to September (Q1) f…
In the face of the COVID-induced contraction of 0.47 percent in the financial year 2019-20, Pakistan’s economic growth rebounded to 3.94 percent, well above the target set for the financial year 2020-21 of 2.1 percent.According to the Annual Performanc…
The Pakistan Rupee appreciated against the US Dollar (USD) for the third consecutive day today. It gained 61 paisas against the dollar and closed at 171.65.Yesterday, the local currency gained 52 paisas against the US Dollar and closed at 172.26 after …
