In a remarkable turn of events, Pakistan’s inflation rate dropped to its lowest level in almost four years, providing much-needed relief to the economy and consumers. The Pakistan Bureau of Statistics (PBS) reported that the Consumer Price Index (CPI) rose by only 6.9% in September 2024 compared to the same month last year. This marks […]
Pakistan’s central government debt has reached an unprecedented level, standing at Rs69.6 trillion as of July 2024, marking a significant 12.67% increase from the previous year. This consistent upward trajectory in debt is a stark reflection of the country’s ongoing fiscal challenges. The latest data from the State Bank of Pakistan (SBP) underlines the pressing […]
Introduction to Government Tenders in Pakistan Understanding the Significance of Government Tenders Government tenders in Pakistan play a crucial role in the procurement process of goods, services, and infrastructure projects by government agencies. These tenders provide opportunities for businesses and contractors to secure contracts through a competitive bidding process, contributing to economic growth and development. […]
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