Islamabad, Jan 11 (IANS) A fresh increase in flour prices in Shangla and other upper districts of Pakistan’s Khyber Pakhtunkhwa has sparked concerns among residents, who have blamed weak government oversight, hoarding, and profiteering for the surge, local media reported. The price of a 20-kilogram bag of flour has increased to (Pakistani) Rs 2,850 in Shangla and nearby areas, while a 40-kilogram bag is selling for up to Rs 5,700. A 50-kilogram bag is reportedly available at around Rs 7,000, mak…
Latest Pakistan Bureau of Statistics News & Updates
New Delhi, Jan 10 (IANS) The government in Pakistan is actively feeding ‘paper growth’ sectors that may bring some GDP growth but do not stimulate commercial investment — like real estate where the rich park their wealth and let it grow, according to a new report.Since 2019, the poorest 20 per cent of Pakistani households have seen their real monthly incomes plunge by nearly 12 per cent, said the Editorial in The Express Tribune.“In contrast, the wealthiest quintile enjoyed a 7 per cent incre…
Islamabad, Jan 5 (IANS) With Pakistani households forced to spend nearly two-thirds of their income on food and electricity, the economy has ceased to be about growth and has become one of survival, a report said on Monday. Citing the Pakistan Bureau of Statistics’ latest Household Integrated Economic Survey, it revealed that life in Pakistan has increasingly become a matter of basic survival.“Food alone now absorbs more than a third of household spending. Another quarter goes into housing, el…