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Pakistan’s stock market has been on an unprecedented rise in recent months, with the KSE-100 Index crossing the historic 100,000-point mark on October 28, 2024. This “golden day” in the history of the Pakistan Stock Exchange (PSX) has sparked debate, with the government attributing the surge to effective economic policies, while critics label it as…
Pakistan is grappling with an escalating debt crisis, with China now being its largest creditor, holding nearly $29 billion in loans. A nation of 240 million people, Pakistan also ranks among the top three International Monetary Fund (IMF) loan recipients in 2023, as highlighted in the World Bank’s latest International Debt Report. The report reveals…
IMF Predicts Decline in Inflation and Unemployment in Pakistan for FY 2024-25 The International Monetary Fund (IMF) has forecasted a decrease in inflation and unemployment in Pakistan for the current fiscal year, 2024-25, according to its World Economic Outlook 2024 report. The IMF projects that the average inflation rate in Pakistan will stand at 9.5%…
Islamabad: The International Monetary Fund (IMF) has predicted a continuous decrease in inflation in Pakistan. In a report, the IMF has estimated the average inflation in Pakistan to be in single digits for 5 consecutive years. The IMF has predicted that inflation will remain lower than the government’s target this fiscal year. The IMF expects…