EconomyPakistan
Pakistan economy rating revealed by Standard and Poor Global Ratings
ISLAMABAD: The global rating agency, Standard & Poor’s Global Ratings (S&P), in its report on Monday affirmed Pakistan’s long-term ‘B’...
EconomyPakistan
Pakistan economy already under pressure may face another blow
ISLAMABAD – Asian Development Bank forecast that remittance to slow down as less movement of workers to the Asian countries...
EconomyPakistan
Pakistan government to take loans worth 8 billion in FY 2017-18
ISLAMABAD – Pakistan has taken fresh foreign loans of $1.5 billion in the first quarter of the current fiscal year against...
EconomyPakistan
Pakistan current account deficit rises drastically
ISLAMABAD – According to the State Bank of Pakistan, the current account deficit has increased by 117% in the first...
EconomyPakistan
World Bank groups Pakistan in top five highest private investment countries
ISLAMABAD: Pakistan has been grouped in top five highest private participation investment (PPI) countries owing to a few multi-billion-dollar power...
EconomyPakistan
Pakistan Stock Exchange witnesses steep rise
KARACHI – The Pakistan Stock Exchange (PSX) experienced bullish session on Thursday, with the benchmark KSE-100 index gaining 825 points...
EconomyPakistan
World Bank warns Pakistan against rising fiscal deficit
WASHINGTON – The World Bank has warned Pakistan that its increasing fiscal deficit could put macro-economic management at risk and...
EconomyPakistan
ADB enhances limit for private sector operations in Pakistan
ISLAMABAD – The Asian Development Bank has increased limit for private sector operations in Pakistan from 700 million dollars to...
EconomyPakistan
Pakistan needs 31 billion in external debt servicing for financial year: World Bank
ISLAMABAD – Recently, the World Bank has published a report stating that Pakistan’s gross external financing needs stood at $31...