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Pakistan's inflation rate rose to 31.4% year-on-year in September from 27.4% in August, primarily due to high fuel and energy prices. ... In Other News. Entertainment. Entertainment.
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 ...
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 February 2025 Pakistan inflation rate recorded 2.4% lowest in 9 years. The Russian invasion of Ukraine has caused fuel prices to rise worldwide. Excessive ...
According to the Gulf News, the stagflation hit the poor and working class very hard, the key voter of the ruling party, Pakistan Peoples Party. [19] The nationwide floods wiped out the 20% of the economic infrastructure in the country and the economic development initiated by private sector was curbed to ~2.5%, resulting the billion dollar ...
Read the latest news on inflation: Inflation in line with expectations in July as investors eye rate cuts. Mild inflation reading offers Fed a 'green light' to cut rates in September.
Pakistan's economy remains under severe strain due to a debt crisis, with the country facing challenges in repaying $1.2 billion in outstanding payments. [27] In Pakistan, inflation maintains its upward trajectory, as indicated by the most recent official data, which shows a year-on-year increase of 35.4% in the consumer price index for March 2023.
The party of former Pakistan Prime Minister Imran Khan won a national election—and he gave his victory speech from behind bars. Things are absolutely bonkers in Pakistan right now Skip to main ...
21 March – 2023 Afghanistan–Pakistan earthquake, Parts of Afghanistan and Pakistan were hit by a strong earthquake measuring 6.8 on the Richter scale, resulting in casualties and property damage. At least 11 people died in Pakistan, and a total of ten deaths were reported in Afghanistan and Pakistan combined as a result of the earthquake.