Pakistan sees $11m inflow from foreign investors into T-Bills in May
Attractive returns on T-Bills fuel foreign investor interest in Pakistan, with rates up to 21.6%
Headline inflation to drop to 14% YoY in May: report
Annual inflation rate may vary between 7.4% to 14.8% by December 2024
GDP grows modestly at 2.09% in Q3FY24
NAC revises Q1 and Q2 GDP growth estimates upwards to 2.71% and 1.79%, reflecting an uptick in economic activity
RDA sees over 6% drop in April inflows, SBP reports
Inflows dip to $171m in April
PSX dips 258 points amid IMF visit, speculations of economic tightening
Investor worries mount over anticipated tax hikes and monetary tightening ahead of the new IMF program
Pakistan’s current account records surplus of $491mn in AprilÂ
Current account balance shows a deficit of $202 million in 10MFY24, significantly lower than the $3.92 billion deficit in last year
Chinese firm expresses interest in building mineral park in Pakistan
High-level discussions between Pakistan and MCC Tongsin set the stage for other mining sector investments
Pakistan’s debt and liabilities hit record Rs81trnÂ
This debt is now equal to three-fourths of the national economy and is about 15% higher than defined in the Fiscal Responsibility and Debt Limitation Act.
LSMI output grows by 2.04% YoY
The growth marks a positive trend in the industrial sector, highlighting ongoing momentum in manufacturing activities
Economy shows signs of recovery in H1FY24, SBP report indicates
Country's economy sees recovery with 1.7% growth driven by agriculture, improved fiscal conditions
Operational costs of key sectors surge as sick units multiply
Closure of over 80% of sick units profoundly impacts various sectors, forcing layoffs and reducing shifts in large manufacturing units, while SMEs struggle to survive amidst financial constraints
Karachi to host green transhipment terminal by global giant Maersk
The leading global logistics firm, aims to set up Karachi's first Green Transhipment Terminal, aligning with Pakistan's investment and regional connectivity goals
Govt considers duty increase on key imports to protect reserves, farmers
In response to rising import costs and local agricultural distress, Pakistan is contemplating increased customs duties on imports of used cars and wheat
Cabinet committee principally approves 24 entities for Privatisation Programme
Priority shall be accorded to privatisation of loss-making entities
SBP-held reserves cross $9bn after IMF trancheÂ
Liquid foreign reserves held by the country stand at $14.45 billion as of May 3, 2024