The recent boost in foreign exchange reserves, thanks to the IMF tranche, marks an important milestone for Pakistan’s economy. With the State Bank of Pakistan focusing on promoting
Category: Business
Inflation Declines in Pakistan: A Positive Shift in Economic Outlook
The release of the inflation report for September 2024 brings encouraging news for Pakistan’s economy. The decline in inflation to 6.93%—the lowest in 44 months—signals that the country
Bidding date for Pakistan international airlines privatization extended to October 31, 2024.
The Privatisation Commission has postponed the bidding date for the privatization of Pakistan International Airlines (PIA) to October 31, 2024. As a result of this […]
Pakistan and Oman agree to finalize MoU on labor and manpower exchange.
Pakistan and Oman have reached an agreement to expedite the finalization of a memorandum of understanding (MoU) on labor and manpower exchange, aimed at facilitating […]
LCCI elections: mian Abuzar Shad and Fahimur Rehman sehgal to share presidency.
With the tenure of the Lahore Chamber of Commerce and Industry (LCCI) elections now extended to two years from 2022, businessmen Mian Abuzar Shad and […]
Pakistan stock exchange experiences volatility.
The Pakistan Stock Exchange (PSX) began the week on a downward trend, with the KSE-100 index dropping by 699 points to settle at 80,592. This […]
Gold prices surge on Thursday.
On Thursday, the price of 24 karat gold per tola rose by Rs1,500, reaching Rs277,000 compared to Rs275,500 on the previous trading day. The price […]
China shift in economic strategy: stimulating consumer demand amidst growth challenges.
China’s recent stimulus plans aim to bolster consumer spending to achieve its 2024 growth target, marking a departure from a decades-old policy approach. However, transitioning […]
Harris vs. trump: competing visions for the American economy.
In a recent address at the Economic Club of Pittsburgh, Vice President Kamala Harris outlined her vision for an economy that balances the interests of […]