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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 ...
The Pakistani government is looking to tame inflation with fuel price cuts and a price-control mechanism, caretaker Prime Minister Anwaar ul Haq Kakar said on Monday. The South Asian country is ...
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 ...
7 News Urdu: 2016 Lahore [1] Suno News HD 10 October 2022 [2] 24 Digital: 2015 92 News: 6 February 2015 [3] Aaj News: 23 March 2005 Karachi [4] Abb Takk News: 19 April 2013 [5] Apna News 14 October 2004 [6] ARY News: 26 September 2004 [7] BOL News: 25 December 2016 [8] Capital TV 10 April 2013 Lahore [9] Channel ۵ (5) 2008 Lahore [10] City 41: ...
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 ...
Inflation in New Zealand exceeded forecasts in July 2022, reaching 7.3%, which is the highest since 1990. [233] Economists at ANZ reportedly said they expected faster interest rate increases to counteract inflationary pressures. [234] In Fiji, inflation rose to 4.7% in April 2022 compared to –2.4% in 2021. [235]
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.