HeadlinesPakistan’s inflation to remain elevated for ongoing fiscal year, forecasts ADB
Country’s public debt is expected to decline to 70% of GDP in 2024–2025 but interest payments to require a staggering 62% of revenues

HeadlinesCountry’s public debt is expected to decline to 70% of GDP in 2024–2025 but interest payments to require a staggering 62% of revenues
HeadlinesNew development well started production of 550 bpd of oil and 0.8 MMscfd of gas
HeadlinesForecast slightly below government's target of 3.6% amidst global economic challenges
HeadlinesOGRA has adjusted these prices based on international market trends, says Finance Division
HeadlinesSector reports a steep drop of 18% in passenger cars and 9% in Light Commercial Vehicles, due to excessively high costs fueled by supply chain disruptions, currency devaluation, and higher taxes
HeadlinesJhandial-03 well in Ikhlas Block Attock District reveals substantial oil and gas reserves, expected to boost production within three weeks
HeadlinesAgreements signed with UAE-based UPHLC I Limited, UPHLC II Limited and Netherlands-based International Power UCH Holdings B.V to secure 50% shares
HeadlinesStock market responds positively to $7 billion IMF bailout and lack of new capital market taxes
HeadlinesGroup restructuring involves three merging parties namely Dawood Hercules Corporation Ltd, Engro Corporation Ltd and DH Partners Ltd.
EconomyAgreement is subject to approval by the IMF’s board and the timely confirmation of necessary financing assurances from Pakistan’s development and bilateral partners
HeadlinesOut of 51 items, prices of 23 (45.10%) items increased, 06 (11.76%) items decreased and 22 (43.14%) items remained stable.
HeadlinesCompany announces plant closure from July 15 to July 22, 2024 due to inventory shortages