Ireland’s T20 World Cup campaign will begin on June 5th with a match against India in New York. Head coach Heinrich Malan is excited about the challenging group, which includes Pakistan, USA, and Canada, and believes the support of Irish expats in the US could give Ireland an edge. All of Ireland’s first-round matches will be held in the US.

Pakistan’s trade deficit has seen a significant reduction of 34.29% in the first half of the fiscal year, reaching $11.148 billion. This improvement is attributed to a 5.17% increase in exports and a 16.28% decrease in imports, indicating positive trade performance for the country’s economy. Source: Daily Times

The Pakistani Rupee continues its positive trend, gaining against the US dollar for the third consecutive session. The rupee improved by 27 paisas to close the eighth straight week on a positive note, with hopes for further growth in Pakistan’s foreign currency reserves.

The Pakistan Bureau of Statistics reports a 34.29% decrease in the country’s merchandise trade deficit during the first half of the current fiscal year. This is attributed to a 5.17% increase in exports and a 16.28% decrease in imports. The data reflects efforts to boost the export sector and shows potential for further growth. Source: Daily Times.

Global food prices declined significantly in 2023, particularly for grains and oils, as supply concerns eased, according to a report by the UN’s Food and Agriculture Organization (FAO). Despite this, consumer food prices can still rise due to factors like labor costs and production expenses.

According to the UN’s FAO, world food prices fell by 13.7% in 2023, particularly for grains and oils, due to improved supplies. However, consumer food prices are rising in many countries, emphasizing that a decline in commodity prices does not necessarily translate to lower prices for consumers.

Weekly inflation in Pakistan increased by 0.81 percent, according to the Pakistan Bureau of Statistics. Prices of tomatoes, chicken, and eggs rose, while onions and mustard oil saw a decrease. Rice exporters, suppliers, and mills in Pakistan will be affected by this inflation. Connect with them at HAS Rice and Pakistan Rice.

Pakistan rice exporters, like HAS Rice Pakistan, are capitalizing on the increasing demand for white broken rice by ensuring the availability of high-quality rice. With competitive pricing and a commitment to customer satisfaction, they have established themselves as reliable partners in the international rice trade.

The inflation rate in essential items in Pakistan has surged to 43%, according to data from the Pakistan Bureau of Statistics. Rising prices of key commodities are raising concerns about the cost of living, impacting household budgets and consumer behavior. Policymakers and experts are monitoring the situation for strategies to address inflationary pressures and ensure economic stability. Proactive measures are needed to stabilize the market and alleviate the burden on consumers.

The Pakistan Senate has approved a resolution to further delay national elections, raising concerns about prolonged government absence and potential military influence. The decision is not binding, awaiting the Election Commission’s response.