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Back to the 1970s? Investors brace for return of stagflation

Back to the 1970s? Investors brace for return of stagflation

LONDON (Manend News) Investors are preparing for the possibility that war in the Middle East could spark a stagflationary shock reminiscent of 50 years ago, when disrupted global energy supplies sent inflation soaring and battered

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MNAs’ salaries cut by 25pc as National Assembly joins austerity drive

MNAs’ salaries cut by 25pc as National Assembly joins austerity drive

ISLAMABAD (Manend News)  The National Assembly Secretariat has implemented comprehensive austerity and fuel conservation measures aimed at ensuring prudent utilisation of public resources, reducing energy consumption, and supporting the government’s national austerity drive. Under the

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Fresh Currency Note Policy for 2026

Fresh Currency Note Policy for 2026

Islamabad (Manend News) The State Bank of Pakistan (SBP) is introducing newly designed, secure, and potentially polymer-based currency notes for denominations from Rs 10 to Rs 5,000, expected by late 2024 to 2025/2026. These new

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Pakistan to implement four-day work week under ‘war austerity plan’

Pakistan to implement four-day work week under ‘war austerity plan’

ISLAMABAD / LAHORE / PESHAWAR (Manend News) Prime Minister Shehbaz Sharif announced unprecedented austerity measures to cope with the situation that emerged due to the US-Israel war on Iran, which has led to a global oil crisis affecting

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