Fitch and Moody’s sound alarm despite IMF deal
Both organisations cite need for additional financing, uncertainty regarding debt repayment and future IMF programmes
Essential medications unaffordable as pharma companies raise costs
As per DRAP’s earlier notification, pharmaceutical companies have hiked the price on essential medicinesÂ
After 7 months, inflation sees a dip. But is it a cause for celebration?
While the improvement in headline YoY numbers is eye-catching, they are primarily based on a statistical artifact
Analysis: Has the PSX seen a rally like this before?Â
As the stock market opened on the 3rd of July 2023, the index increased by 5.99% or by 2,481 points. This is...
Inflation slows down to 29.4% for first time in seven months
Inflation likely to rise due to SBP's increase in interest rate, possible IMF conditions regarding currency devaluation
PSX roars: The mechanics behind Monday’s Bull-runÂ
Trading halted due to abnormal activity within 10 minutes of the opening of the markets on a day that marked the highest ever single day increase for the exchange. Â
Sri Lanka parliament approves domestic debt restructuring plan
Sri Lanka's parliament approved a domestic debt restructuring plan on Saturday that is crucial to continue a $2.9 billion bailout from the...
Pakistan breathes a sigh of relief as IMF approves $3bn funding arrangement
The IMF has emphasized the importance of steadfast policy implementation by Pakistan
China’s tumbling industrial profits deepens economic gloom
Annual profits at China's industrial firms extended a double-digit decline in the first five months as softening demand squeezed margins, reinforcing hopes...
IMF continues discussions with Pakistani authorities for quickly reaching an agreement
The International Monetary Fund (IMF) continues discussions with Pakistani authorities with the aim of quickly reaching an agreement on financial support from...
ECNEC approves key flood protection projects worth arabs of rupees
The Executive Committee of the National Economic Council (ECNEC) met under the leadership of Senator Mohammad Ishaq Dar, the Federal Minister for...
Pakistan’s economic future hangs in the balance as IMF decision looms
PM Shehbaz hopes of final decision on stalled loan in a day or two
Cash-strapped Sri Lanka to restructure domestic debt
Colombo: Sri Lankan authorities have declared a five-day closure of financial markets from Thursday ahead of a controversial move to restructure the...
KP GDP growth reduces by half in FY23
P&D estimates that it would take at least 2 years for GDP growth to climb back to FY22 levels
Govt increases tax rate for salaried class in budget 2023-24
People earning over Rs 300,000/month, to pay at least Rs 36,250 in taxes