After significant rate hike, Pak govt has to pay heavy price for borrowing \
4 min read
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After significant rate hike, Pak govt has to pay heavy price for borrowing

27-Nov-2022
The State Bank of Pakistan's (SBP) decision to hike its key policy rate by 100 basis points to a 24-year high of 16 per cent has created a new problem for Islamabad as it has to pay a heavy price for borrowing after the rate hike.
27-Nov-2022 World
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Pakistan’s economy in free fall: POREG \
5 min read
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Pakistan’s economy in free fall: POREG

23-Nov-2022
Looking at its falling economy, investors had also started losing their confidence in Pakistan's ability to pay back the loans. Neither, the creditors nor the market is impressed.
23-Nov-2022 World
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Pakistan’s total debt surges to Rs 12 trillion in first quarter \
4 min read
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Pakistan’s total debt surges to Rs 12 trillion in first quarter

18-Nov-2022
In the fiscal year, 2022-2023, in July-September the debt and liabilities stood at Rs 62.46 trillion which is more than the same period of last fiscal year, accounting for Rs 50.49 trillion.
18-Nov-2022 World
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Pak-Afghan trade takes backseat owing to Pakistan’s absurd policy changes, tariff hike \
4 min read
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Pak-Afghan trade takes backseat owing to Pakistan’s absurd policy changes, tariff hike

18-Sep-2022
Islamabad [Pakistan], September 18 (ANI): Even after a plethora of bilateral discussions, the trade between Pakistan and Afghanistan has been unable to reach its full potential due to absurd policy changes and tariff hikes by the Pakistani government on imports, media reports said.
18-Sep-2022 World
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Pak: Foreign currency reserves held by SBP fall USD 87Mn to USD 7.8Bn \
3 min read
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Pak: Foreign currency reserves held by SBP fall USD 87Mn to USD 7.8Bn

26-Aug-2022
Karachi [Pakistan], August 26 (ANI): The foreign currency reserves held by the State Bank of Pakistan (SBP) were recorded at USD 7.81 billion, according to data released by the SBP on Thursday as they witnessed a fall of USD 87 million.
26-Aug-2022 World
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Deteriorating economy, political uncertainty hit China-led Gwadar Port Project in Pakistan \
4 min read
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Deteriorating economy, political uncertainty hit China-led Gwadar Port Project in Pakistan

28-Jul-2022
Islamabad [Pakistan], July 28 (ANI): China, the sole investor in the Gwadar projects are hesitating to invest amid uncertainties as the ongoing economic crisis and political instability in Pakistan are hitting Chinese investment sentiments.
28-Jul-2022 World
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Pakistani rupee reaches new low against US dollar, closes at 232.93 \
3 min read
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Pakistani rupee reaches new low against US dollar, closes at 232.93

27-Jul-2022
Karachi [Pakistan], July 27 (ANI): Pakistani rupee (PKR) reached a new low against the US dollar on Tuesday, closing at Rs 232.93 in the interbank market.
27-Jul-2022 World
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Pakistan hikes electricity tariff by PKR 7.91 per unit \
4 min read
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Pakistan hikes electricity tariff by PKR 7.91 per unit

23-Jul-2022
Islamabad [Pakistan], July 23 (ANI): Amid the rising inflation in the county, the Pakistani government has once again raised the electricity price in the country by PKR 7.91 per unit under "uniform national tariff".
23-Jul-2022 World
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Pakistani rupee dives to 228 per US dollar \
3 min read
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Pakistani rupee dives to 228 per US dollar

22-Jul-2022
Islamabad [Pakistan], July 22 (ANI): The Pakistani rupee on Friday surpassed all prior records against the US dollar after hitting a fresh record low of PKR 228 against the dollar in the interbank market.
22-Jul-2022 World
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Fitch downgrades Pakistan’s outlook from stable to negative \
3 min read
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Fitch downgrades Pakistan’s outlook from stable to negative

19-Jul-2022
Islamabad [Pakistan], July 19 (ANI): Amid renewed political volatility, the Fitch Ratings agency on Tuesday downgraded Pakistan's outlook from stable to negative.
19-Jul-2022 World
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