Prime Minister Imran Khan has directed Tiger Force to keep a check on the prices of essential commodities in their localities. Taking to his Twitter handle, Imran Khan said: “On coming Saturday I will be meeting with our Tiger Force at the Convention Centre. From now till then I want our Tiger Force to regularly … Read more
Addressing a press conference in Karachi, Governor State Bank Dr. Reza Baqir has said that inflation is threatening but is likely to remain within the target. He said the economic growth in the country has boosted and the confidence of the business community has strengthened. “The government also took some serious decisions regarding the country’s … Read more
State Bank of Pakistan has released 3rd Quarterly Report for for the year 2019-20. According to the report released by the SBP, inflation will remain at 7-9% this financial year. [embedpost id=”50366″ slug=”psx-becomes-2nd-best-performer-internationally”] The report also said that the inflation rate in July was higher than expected. According to the report, inflation stood at 9.30% … Read more
The Asian Development Bank (ADB) has predicted that next fiscal year, Pakistan’s inflation rate will be higher than other countries in the region. According to details, the Asian Development Bank (ADB) has released the Asian Development Outlook Supplementary Report. According to a report released by the ADB, Pakistan’s economic growth is expected to be 2% … Read more
Prime Minister Imran Khan has taken notice of upward trend in the prices of essential commodities despite of the reduction in petroleum prices. According to details, Prime Minister Imran Khan has taken strict notice no corresponding reduction in the prices of essential commodities despite of the fact that the federal government has reduced petroleum products prices … Read more
The economic impact of the coronavirus pandemic has led to a three-fold decline in interest rates but the inflation rate in Pakistan has depreciated to 8.5 percent in April. According to data released by the Pakistan Bureau of Statistics, The Consumer Price Index (CPI) declined to 8.5 in April. The Bureau stated that on a … Read more
SBP Governor Says, Inflation Would Decrease in Coming Days due to Coronavirus outbreak. Reza Baqir, Governor State Bank of Pakistan, said the inflation is expected to decrease in the coming days’ and the central bank ready to “take action” regarding the interest rate in a pandemic situation. He said the central bank decided the interest … Read more
Prime Minister Imran Khan said that the government’s resolve to continue pursuing measures to bring down inflation and reduce burden on commons citizens. The Prime Minister in a Tweet on Monday has expressed the confidence that the federal cabinet’s decision to reduce inflation and provide subsidy on products through utility stores have started bearing fruit. … Read more
Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto-Zardari has slammed the Pakistan Tehreek-e-Insaf government for the rising rate of inflation in the country. In his address in National assembly Bilawal said while criticizing the rising rate of inflation in the country, that the federal government had failed to provide relief to People of Pakistan. Bilawal has … Read more
The Sensitive Price Index (SPI) based inflation for combined income group during the week ended on December 5, 2019 has witnessed the scaling down of 0.83 percent against November 28, 2019. It came down from 131.87 points to 130.77 points, according to data released by Pakistan Bureau of Statistics (PBS). According to the PBS, the … Read more
With the increase in cold temperatures in Multan, the load shedding of gas has increased which has resulted in shoot up of timber and coal by 25% by the toll owners. According to the details, load-shedding in various areas is on rise, causing domestic consumers to buy firewood for burning stoves and commercial consumer industries. … Read more
The Prime Minister Imran Khan chaired an important meeting to control the prices of basic food items. Makhdoom Khusro Bakhtiar, Energy Minister Umayyub Khan, Advisor to Finance Abdul Hafiz Sheikh, Advisor to Commerce Abdul Razzaq Dawood, Information Minister Punjab Mian Aslam Iqbal, Finance Minister Punjab Makhdoom Hashim Jawan Bakht and Secretary of the relevant ministries … Read more
Prime Minister Imran Khan chaired a high level meeting on rising inflation across the country. According to sources, during the meeting the points regarding controlling inflation across the country and also enabling price control were discussed. Senior officials including Punjab Chief Minister, Federal Ministers, Chief Ministers of Punjab and Khyber Pakhtunkhwa attended the meeting. Prime … Read more
A delegation of National Defence University visited the Lahore Chamber of Commerce & Industry (LCCI) on Thursday. A delegation had a well over two hours long meeting with the LCCI President Irfan Iqbal Sheikh, Senior Vice President Ali Hussam Asghar, Vice President Mian Zahid Jawaid Ahmed and Executive Committee Members. Participants of the meeting asked … Read more
President Lahore Chamber of commerce and industries Almas Hyder presided over the meeting to discuss the export and tax related issues of the country. While addressing a meeting President Lahore Chamber of commerce said that the amount of public sector enterprises having more than four hundred billion annually, which is a waste of taxpayers’ money, the … Read more
