News from Pakistan Economy
Stay current with all the latest and breaking news about Pakistan Economy, compare headlines and perspectives between news sources on stories happening today. In total, 253 stories have been published about Pakistan Economy which Ground News has aggregated in the past 3 months.
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Trade · PakistanBearish momentum dominated the Pakistan Stock Exchange (PSX) on Monday as shares declined by 500 points in intraday trade. Shortly after the opening bell, the index breached the 73,000 barrier to trade at a record high of 73,300 before plummeting. However, the index declined by 506.70 points, or 0.7 per cent, to stand at 72,236.04 points at 12:27pm from the previous close of 72,742.74. Mohammed Sohail, chief executive of Topline Securities, stat…See the Story
KSE-100 index loses 500 points in intraday trade
100% Left coverage: 1 sources
Wages · PakistanPakistan is grappling with its highest inflation rate in almost half a century. Over recent months, inflation has surged to as much as 38 per cent, marking the highest rate in South Asia. Food inflation has skyrocketed to 48pc, reaching its highest level since 2016. The government significantly devalued the currency by more than 50pc within a year and eliminated subsidies as part of the latest instalment of the International Monetary Fund bailou…See the Story
The case for fair wages
100% Left coverage: 1 sources
Inflation · PakistanA woman checks the smell of rice at a market. — AFP/FileIslamabad:Although going down on trajectory during past couple of months, inflation continues to be a major challenge for Pakistan’s economy, affecting the market dynamics, lives of citizens and stirring a significant concern...See the Story
Inflation — a challenging task for nascent govt
100% Right coverage: 1 sources
Economy · PakistanKARACHI: Governor of the State Bank of Pakistan (SBP), Jameel Ahmad, emphasized the government and SBP’s resolute commitment to addressing macroeconomic challenges, leading to substantial improvements and positioning Pakistan’s economy on the path to recovery amidst global obstacles. Speaking at the ICMA Pakistan Members Convocation, Ahmad highlighted the remarkable progress in Pakistan’s economy, reflecting on the previous year’s daunting macro…See the Story
Pakistan’s economy on recovery path amid global tides: Governor SBP
Shehbaz Sharif · PakistanPrime Minister Shehbaz Sharif on Sunday met with Managing Director (MD) of the International Monetary Fund (IMF) Kristalina Georgieva wherein he reiterated his government’s commitment to put Pakistan’s economy back on track. In the meeting held on the sidelines of the World Economic Forum Special Meeting here, the prime minister said that he had directed his financial team, led by Finance Minister Muhammad Aurangzeb to carry out structural refor…See the Story
PM meets IMF chief; reiterates govt’s commitment to revive Pakistan’s economy
Economy · PakistanRIYADH: Pakistan’s Finance Minister Muhammad Aurangzeb has said that the undocumented economy has been the biggest challenge for the country, ARY News reported on Sunday. Speaking at the World Economic Forum special meeting at Riyadh on Sunday, finance minister said that around 10 trillion tax circulating in the market. “We are considering over moving to digital currency,” Aurangzeb further said. “We have 9.4 trillion annual revenues and half of…See the Story
Undocumented economy has been biggest challenge: Aurangzeb
Economy · RawalpindiImran Khan Vows to Endure Prison for Nine Years Rather Than Negotiate with Exploiters of Pakistan Pakistan's jailed former prime minister Imran Khan has ruled out an agreement with those who have ''enslaved'' the country, saying he is ready to serve for nine more years in prison but will never strike a deal with them.In a message released on Friday for the Pakistan Tehreek-e-Insaf (PTI) party's 28th Foundation Day, Khan said that the “worst dic…See the Story
Imran Khan Vows to Endure Prison for Nine Years Rather Than Negotiate with Exploiters of Pakistan
100% Center coverage: 1 sources