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Pakistan has experienced an economic crisis as part of the 2022 political unrest. It has caused severe economic challenges for months due to which food, gas and oil prices have risen. As of 1 January 2025 Pakistan inflation rate was 4.1% lowest in 6.75 years. The Russian invasion of Ukraine has caused fuel prices to rise worldwide. Excessive ...
According to data of the Pakistan Bureau of Statistics, the Special Investment Facilitation Council (SIFC) was responsible for boosting Pakistan’s exports by 10% (to $30.64 billion) in FY2024. [29] In October, Bloomberg reported that Pakistan's local government bonds in 2024 earned $875 million in overseas inflows, among the highest returns ...
Pakistan's new finance minister Ishaq Dar said on Wednesday he will work to rein in inflation while cutting interest rates, saying the rupee currency was undervalued and promising a strong ...
Sadiq Sanjrani (Until 9 March 2024) [1] Chairman of the Senate: Yusuf Raza Gillani (From March 9) 4: Raja Pervaiz Ashraf (until 1 March 2024) Speaker of the National Assembly: Ayaz Sadiq (from 1 March 2024) 5 Yahya Afridi: Chief Justice of Pakistan: 6 Sikandar Sultan Raja: Chief Election Commissioner of Pakistan: 7 16th National Assembly of ...
Economic, Housing and Mortgage Market Outlook – October 2024, Freddie Mac. Accessed October 22, 2024. Primary Mortgage Market Survey, Freddie Mac. Accessed October 11, 2024. Employment Situation ...
21 March – 2023 Afghanistan–Pakistan earthquake, Parts of Afghanistan and Pakistan were hit by a strong earthquake measuring 6.8 on the Richter scale, resulting in casualties and property damage. At least 11 people died in Pakistan, and a total of ten deaths were reported in Afghanistan and Pakistan combined as a result of the earthquake.
Main sources of Pakistan's primary energy supplies include Gas, Oil, Coal, Liquefied natural gas (LNG), and Hydroelectricity, with shares of 29%, 24%, 15%, 10%, and 11% respectively in 2022. Since coal mining began in the Thar desert and LNG imports from Qatar, Coal and imported LNG have increased their shares manyfold in just 5 years in the ...