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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 ...
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 ...
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 ...
Pakistan and the International Monetary Fund reached a preliminary agreement for the release of $1.1 billion from a $3 billion bailout following dayslong talks in Islamabad, the IMF said Wednesday.
The budget included funding for a number of development initiatives to increase the nation's economic growth rate. The original outlays for the PDSP being estimated at Rs. 2.66 trillion for the development programme, which included a Rs 950 billion federal Public Sector Development Programme (PSDP), that was approved by the Annual Plan Coordination Committee (APCC). [5]
The consumer price index released on October 10 showed inflation cooling to ... October 23, 2024, at 6:15 a.m. ET. APYs and promotional rates for some products can vary by region and are subject ...
Following the international credit crisis and spikes in crude oil prices, Pakistan's economy could not withstand the pressure, and on 11 October 2008, the State Bank of Pakistan reported that the country's foreign exchange reserves had gone down by $571.9 million to $7,749.7 million. [64]