Men sell vegetables at their makeshift stalls at the Empress Market in Karachi. File/Reuters
Pakistan’s former finance minister Asad Umar said that the federal government would conduct separate surveys for urban and rural areas to measure the inflation rate.
The Asian Development Bank has projected that Pakistan’s inflation rate would slow down to 8.3 per cent in the fiscal year 2020-21. “Inflation is forecast to decelerate to 8.3 per cent in FY2021 with the central bank
Pakistan’s consumer price inflation eased to 9.5% in April, its statistics office said on Friday, extending a months-long decline as the economy tanks due to the coronavirus crisis despite three interest rate cuts.
The Pakistani rupee dived to an historic low against the US dollar on Thursday after an exchange cap was lifted as Islamabad campaigns to unlock a vital bailout from the IMF.
The UAE is determined to foster the attractiveness and competitiveness of the business environment in order to keep pace with future economic trends, a senior official said.
Luxury goods and designer clothes are bought and worn as status symbols by consumers the world over, but what gives authenticity to the Rolexes, Gucci bags and signed pairs of football boots that are purchased every day?