Tag: Inflation Impact
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PM Shehbaz rejects FBR’s sales tax hike and carbon tax proposals
Prime Minister Shehbaz Sharif has rejected two significant budgetary proposals put forth by the Federal Board of Revenue (FBR) aimed at increasing revenue.
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Gold price in Pakistan witnesses marginal increase of Rs200 per tola
On Thursday, the domestic market witnessed a rise in the per tola rate of 24 karat gold, with an increment of Rs200.
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Govt implements measures to control onion prices amidst rising inflation
The interim federal government has reportedly chosen to implement restrictions on onion exports due to the persistent surge in prices, as revealed by sources on Sunday. According to detailed information, the government has introduced advance payments to discourage onion exports and has established a minimum export price. These measures are aimed at preventing an anticipated…
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SBP data reveals 23.5% YoY decline in auto loans
In October, auto loans faced a decline for the 16th consecutive month due to high interest rates and inflation, as per data released by the State Bank of Pakistan (SBP).
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Relief plan for electricity bills to be revealed in 48 hours: PM Kakar
Caretaker Prime Minister Anwaar-ul-Haq Kakar made an announcement on Thursday, revealing that his administration will unveil a relief plan for addressing the widespread protests triggered by escalating electricity bills within 48 hours.
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Petrol and diesel prices expected to surpass Rs300 per litre this week
As global oil rates surge and the rupee’s value against the US dollar weakens, there are growing indications that petrol and diesel prices in Pakistan could soon breach the significant Rs300 mark. The Oil and Gas Regulatory Authority (Ogra) is reportedly contemplating recommending a substantial increase in petroleum product prices for the upcoming fortnight, in…