Karachi, May 20, 2019: The State Bank of Pakistan has announced to increase the policy rate by 150 basis points to address the microeconomic issues. According to SBP announcement, Policy rate decision taking into account the current considerations and the evolving macroeconomic situation, the Monetary Policy Committee noted that further policy measures are required to address…
Islamabad, May 13, 2019: APTMA is hopeful that the new economic team is capable enough to bring out Pakistan from the present alarming economic situation of the massive fiscal and current account deficits, rising trade deficit gap, unprecedented depreciation of Pak Rupee, highest discount rate in the region, increasing trend in inflation, and negative growth of…
Lahore, April 10, 2019: Pakistan Railways has announced to increase the fare with effect from April 15. Pakistan Railway has increased the one way fare of Green Line from Karachi to Rawalpindi Rs 7000. In addition, Pakistan Railway has decided to close the newly launched Dhabijee Express. The rain was launched by the federal minister…
Islamabad, April 10, 2019: Prime Minister Imran Khan has shown concern on the increase in medicine prices. He has asked the authorities to bring the medicine prices on the previous level. He said that medicine is an essential item should be in the range of people. Prime Minister Imran Khan has also asked for strict…