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Wednesday, January 22, 2025

Textile Exports Show Marginal Growth

Pakistan's textile exports experienced marginal year-on-year growth in March.

World Bank’s Bleak Outlook for Pakistan’s Economy

The World Bank paints a bleak outlook for Pakistan's economy, projecting modest growth.

Global real estate market hits $365.51 trillion in 2023

2024 to see significant transformation for real estate sector toward smart, sustainable, diverse future

Pakistan Forecasts Inflation Easing Amidst Economic Reforms

Pakistan grapples with inflation as the Finance Ministry projects moderation in March and April.

Fuel Price Surge Looms Over Pakistan

Amidst IMF proposals for a carbon tax and fiscal policy adjustments, Pakistan grapples with impending petrol price hikes,.

IMF Demands 18% GST on Petroleum Products

The IMF pressures Pakistan for tax reforms, advocating for an 18% GST on petroleum and various fiscal policy changes.

Unilever’s Magnum Spin-Off Boosts Efficiency and Growth

Unilever announces a major restructuring plan, involving job cuts and the spin-off of its ice cream division.

PPP Stands Firm on NFC Award

PPP stands firm on the National Finance Commission Award formula, emphasizing provincial rights amidst IMF discussions.

Oil Prices Surge to Four-Month Highs Amid Geopolitical Tensions

Crude oil prices soared to a four-month high of $86 per barrel due to OPEC+ production cuts, amid growing global demand.

State Bank of Pakistan Maintains Key Policy Rate Amid Economic Uncertainty

SBP maintains its key policy rate at 22 percent for the sixth consecutive meeting, citing ongoing inflationary pressures.

IMF begins selection process for next managing director

Successful candidate will have distinguished record in economic policymaking, says institution

Modernizing Taxation: Finance Minister Aims for Fiscal Reform

Pakistan's Finance Minister aims to modernize taxation, focusing on broadening the tax base, digitization, and negotiating with the IMF.