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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 ...
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The 2024 Azad Kashmir protests were a series of six day long protests, sit-ins, shutter-downs, demonstrations and wheel-jam strikes starting on 8 May against the Federal Government of Pakistan and the Government of Azad Kashmir, calling for lower prices for wheat, flour, and electricity, in addition to other demands. Many of the protests were ...
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 ...
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]
Rates for a 15-year mortgage stand at an average 5.99% for purchase and 6.01% for refinance, up 10 basis points from 5.89% for purchase and 7 basis points from 5.94% for refinance this time last week.
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 ...
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 ...