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Tag: economic issues
Record High Inflation in Pakistan: Can the Government Control Prices?
Inflation continues to devastate the lower and middle-income groups in Pakistan as prices soar, particularly for essential goods such as…
Saudi Fund for Development signs $240m loan agreement with Pakistan for a sustainable energy project
The Saudi Fund for Development (SFD) has signed a loan agreement worth $240 million with Pakistan to support the Mohmand…
Pakistan Raises National Saving Rates
The Government of Pakistan has announced a revision in the profit rates of national savings schemes, increasing them by up…
Pakistan’s Economy Faces Challenges as US Dollar Gains Against the Rupee
The US Dollar continued its upward trend against the Pakistani Rupee on Friday, gaining a record 25 paisas in the…
Saudi Arabia funds Pakistan’s Dam
Saudi Arabia has signed a $240 million loan agreement with Pakistan to support the Mohmand Dam project in the northwestern…
Pakistani Rupee Rises on Hopes of IMF Bailout Revival
The Pakistani rupee has gained over 1% against the US dollar in interbank trade on hopes of a revival of…