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Category: General Business News

Pakistan’s CPI Stabilizes at 7.2% in October; Central Bank Eyes Further Rate Cuts

Karachi: October witnessed the Consumer Price Index (CPI) in Pakistan stabilizing at 7.2%, influenced by a favorable comparison to last year’s high inflation rates. The moderation in food inflation, which had previously reached hyperinflationary level…

The post Pakistan’s CPI Stabilizes at 7.2% in October; Central Bank Eyes Further Rate Cuts appeared first on Pakistan Business News.

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FPCCI Advocates for Modernization of Pakistan’s Petroleum Act to Support Industry Growth

Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) is calling for crucial amendments to the Petroleum Act of 1934 to better align with contemporary industrial needs and practices. FPCCI President, Mr. Atif Ikram Sheikh, high…

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SBP Cuts Rates Amid Improved Economic Indicators, Outlines Debt Management Strategy

Karachi: The State Bank of Pakistan (SBP) has reduced its policy rate by 250 basis points to 15.0%, a decision influenced by a faster-than-expected decline in inflation, now nearing the central bank’s medium-term target. This rate cut was part of broa…

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