economy

CEO Sundar Pichai informs employees about slowing down pace of hiring for rest of 2022, as well as coming year

The SBP raised the interest rate by 125 basis points to 15 per cent – the level last witnessed in year 2009

Rumours of the loan delay derail predictions of Pakistani currency rising to below Rs200 against the dollar

Political noise, high inflation may disturb economic momentum

Increase came after arrival of China bank’s loan proceeds

Global shipments of computers and smartphones to get affected due to China's slowing economy and inflation

Pakistan is also seeking a three-fold expansion in the Saudi oil facility

Ahsan Iqbal says private sector will be encouraged to invest in tea production

Say cannot sell commodities at official rates after purchasing them from wholesalers at higher prices

FO admits country enduring negative fallout of Western actions that are complicating its economic challenges

Calls for withdrawing sales tax on pharma raw material; reducing tax rate on bakery items

Leaders say decision will push Pakistan further into economic crisis

Says PTI had pushed country to verge of bankruptcy

Former finance minister predicts inflation would rise to 35-40% while economic growth would be between 1-2%

PM says PTI breached IMF agreement, made poor policy decisions

People’s everyday lives being affected by increasing prices

The Pakistani currency has dropped 33% (Rs51) in the past one-year

Senators stage token walkout; MNAs fear POL prices may reach Rs400 per litre

Minister lashes out at Imran for giving fuel subsidy equivalent to defence budget

Opp rejects federal budget on account of inflation

Downward trend observed following delays in IMF bailout package; stocks fall by over 700 points

Benchmark index gains 278.77 points to settle at 42,014.73

Stakeholders express optimism about measures taken for agriculture sector

Govt raises tax on purchase of more than 1,600cc vehicles, causing negative impact on carmakers

Several Sindh, Balochistan projects get billions of rupees in funding

Information minister terms it historic moment for country

Govt to announce budget today

High crude also widens the country's trade and current account deficits

58% of the budget to be spent only on debt servicing and defence

Inflation, economic uncertainty set to be on agenda

Finance minister assures foreign currency, RDA accounts will not be frozen

Pakistan is in deep trouble because of consistently bad choices with loans

Govt under fire in Senate over POL price hike

Country rep says wide-ranging steps to repair macroeconomic stability needed

Rise said to be in phases from July 1; move in line with IMF demand, power companies’ request

Pakistani currency has recovered 1.46% over past two days

Prime Minister Shehbaz Sharif says charter is imperative, 'no government can use the economy for the sake of politics'

Slumps to Rs1.08 by noon; cumulatively losing over Rs16 against greenback in two weeks

Despite new cast assuming reins, the reluctance to take difficult decisions to stabilise the country remains

Per capita income grows to $1,798

IPR report calls for urgent addressing of external debt and current account deficit to avoid Sri Lanka-like crisis

Controlling inflation, petroleum prices biggest challenges

PTI leader alleges Opp brought no-confidence motion against Imran to dent 'strong economy'

Miftah says Shehbaz opposing hike in POL rates

Deputy PM Hanafi says govt foresees spending of 231.4 billion Afghanis and domestic revenue of 186.7 billion

Former PM says PKR depreciation, bears at stock market reflect 'lowest ever confidence' in Shehbaz govt

Experts say Pakistan's balance of payment crisis behind decline

Former minister says it is a golden opportunity to correct economy, rationalise tax system

Saddar, commercial market, Moti Bazaar, see droves of people

Planning minister emphasises importance of CPEC, says action will be taken on war footing to complete projects