inflation
Pakistan Targets 3.5% Economic Growth Despite Floods, Says Finance Minister Aurangzeb
ISLAMABAD: Pakistan remains on track to achieve a 3.5 percent economic growth rate this fiscal year despite the devastating impact of recent floods, said Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, in an interview with CGTN America. The finance minister said Pakistan’s macroeconomic stability had been consolidated through fiscal discipline, improved foreign exchange […]
Tomato Prices Soar to Rs700 per Kilogram Across Pakistan
Consumers across Pakistan are facing another wave of inflation as tomato prices have skyrocketed to unprecedented levels, reaching up to Rs700 per kilogram in major cities. The sudden surge in vegetable prices has intensified financial pressure on households already coping with rising food costs. In Karachi, tomatoes are now selling between Rs500 and Rs700 per […]
Development Funds Slashed: Pakistan Obeys IMF Demands to Secure Bailout
Pakistan’s development dreams take a backseat as the federal government bites the bullet, slashing Rs116 billion from its development budget at the International Monetary Fund’s (IMF) behest. This drastic move aims to appease the global lender and ensure the success of its bailout program, crucial for stabilizing Pakistan’s struggling economy. Key Takeaways: Economic Challenges Loom: […]