Karachi, December 30, 2019: The government is doing much better than the International Monetary Fund projection with respect to most of the macroeconomic indicators including inflation rate which is expected to come down to around 5 percent in the medium term, spokesman of ministry of finance said. With regard to inflation outlook, IMF has lowered…
Karachi, September 12, 2019: The Secretary Aviation/DGCAA Shahrukh Nusrat has asked the airlines to take necessary steps to rationalize their air fares, especially on the occasions of religious significance. He was presiding over the 2nd Meeting of Aviation Oversight Committee recently held here at Headquarters of Pakistan Civil Aviation Authority (CAA). The Secretary Aviation/DGCAA informed…
Karachi, July 25, 2019: Urea offtake during 1H2019 depicted the growth of 5 percent YoY to 2.87 million tons on the back of pre-buying by dealers/farmers amid an expected hike in urea prices as the govt. was set to increase gas prices w.e.f. July 2019. Furthermore, timely rain fall across the country also pushed up…
Karachi, July 12, 2019: Pakistan Automotive Manufacturers Association (PAMA) released the latest auto sales data for Jun’19, portraying a drop of 2 percent MoM / 5 percent YoY to 17,561 units. The decline in sales can be attributable to religious holidays in the month of June and a significant increase in car prices due to…