Search
Close this search box.
Search
Close this search box.

January 14, 2022

SPI-Based Weekly Inflation Declines Due to Decrease in Food Prices

The Sensitive Price Indicator (SPI) for the week ended 13 January 2022 recorded a decrease of 0.43 percent, stated the Pakistan Bureau of Statistics (PBS).During the week, out of 51 items, prices of 16 (31.37 percent) items increased, nine (17.65 perce…

Private Sector Borrowing Drops From 5.3% to 1.2% in 20 Years

Banks’ loans to the private sector dropped from 5.3 percent of GDP to 1.2 percent in the last 20 years, as per the World Bank (WB) data showing credit trends from 2001 to 2020.The WB is busy streamlining a picture of the current situation where the US …

Govt to Establish Banking Counters on Pak-Afghan Border

Advisor to the Prime Minister on Commerce, Abdul Razak Dawood, has accepted the recommendation of the Pakistan-Afghanistan Joint Chamber of Commerce and Industry (PAJCCI) to set up banking counters on the Pak-Afghan border.The advisor promised Presiden…

National Assembly Approves NITB Autonomy Bill

The National Assembly has passed the National Information Technology Board (NITB) Bill, which would not only enable the Board to harness the latest solutions ICT’s have to offer but would also induct and mainstream these technologies in the processes o…

Pakistan’s Oladoc Raises $1.8 Million in Series A Round

Pakistan’s leading doctor booking and teleconsultation platform, Oladoc, has raised $1.8 million as part of its Pre-Series A round.The round was led by Sarmayacar Ventures along with participation from Doha Tech Angels and other angel investors. Althou…

RECENT NEWS

Copyright © 2024 Pakistan Press Release Point. All rights reserved.