Escalating tensions in the Middle East could trigger serious economic challenges for Pakistan, particularly if the conflict disrupts global oil supply routes. A recent report by the Pakistan Institute of Development Economics warns that a full-scale regional crisis could drive international oil prices sharply higher and significantly impact Pakistan’s economy. The report highlights a worst-case […]
The inflation in Pakistan based on Consumer Price Index (CPI) has reached 31.5% this February on a year-to-year basis compared to12.2% in February last year. The prices of commodities, housing, and transportation skyrocketed in February due to which inflation got out of control and reached 31.5%. Data released by the Pakistan Bureau of Statistics (PBS) […]
Pakistan is going through the worst economic crisis. It is speculated that inflation is likely to reach 27% in January. This is in comparison to the central bank’s anticipated average of 21-23% for the current financial year It is also anticipated that the government will further increase the prices of power and gas after which […]
