Textile, auto sectors disappointed with lack of incentives in budget

Automobile, textile and employee federation representatives have shown their disappointment over the absence of measures to cut the cost of production or create jobs in the Budget 2020-21. Pakistan Automotive Manufacturers Association (PAMA) Director General Abdul Waheed Khan told Dawn that in the light of massive downturn, the auto industry was expecting a stimulus package مزید پڑھیں

Pakistan saw highest inflation in the world during 2020: SBP

For Pakistan’s residents, fiscal year 2020 was the worst year as they witnessed highest inflation in the world forcing policy makers to increase interest rate. “Pakistan witnessed highest inflation not only in comparison with the developed economies but also with emerging economies,” said the Inflation Monitor for April issued by the State Bank of Pakistan مزید پڑھیں