Wed, Sep 06, 2023
Pakistanis have been taking to the streets in recent days to protest against record utility bills. They have been demanding the government to roll back the recent increase in the electricity tariff and abolish all taxes on electricity bills. The average Pakistani household is now allocating 50% of their expenditure on electricity, which was 15 to 20% compared to four years ago.
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Tue, Jul 04, 2023
The Pakistan rupee was little moved amid an inter-bank trading holiday due to the start of the new fiscal year, with the local unit trading steady on the day at around 286 against the U.S. dollar.
Sat, Jun 17, 2023
Pakistan is also looking at refinancing a loan of USD 300 million from the China Development Bank which matures on June 30.
Fri, Feb 03, 2023
Pakistan Economic Crisis: Pakistan's central bank said on Friday that its foreign exchange reserves have dropped by 16.1 per cent to USD 3.09 billion at the end of the last fiscal week, the lowest in nearly 10 years.
Mon, Jan 30, 2023
According to Pakistan’s Finance Minister Ishaq Dar, there were reports of artificial shortages and hoarding of fuel in anticipation of price rises
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