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Pakistan economy report released by World Bank, all is not well

News Desk
2017-10-09

ISLAMABAD – World Bank expect that Pakistan exports may show growth in FY2018 and FY2019 but inflation in both the...

Pakistan economy challenges exposed by World Bank

News Desk
2017-10-09

ISLAMABAD – World Bank has warned that the country’s reserves will be severely affected if current account deficit continued to...

Pakistan Foreign Exchange Reserves reduce further

News Desk
2017-10-05

KARACHI: Pakistan foreign exchange reserves held by the State Bank of Pakistan (SBP) continued their downward spiral for the third consecutive...

Pakistan suffers annual loss of Rs 3.2 trillion taxes: World Bank

News Desk
2017-09-30

ISLAMABAD: The deadline for filing of income tax returns has been extended till October 31. Federal Minister for Finance Ishaq...

Pakistan becomes the world s fastest growing retail market

News Desk
2017-09-29

KARACHI: Pakistan’s burgeoning youth and their freewheeling attitude toward rising incomes have turned the nation into the world’s fastest growing...

Pakistan Foreign Exchange Reserves decline further

News Desk
2017-09-29

KARACHI: Pakistan’s total liquid foreign exchange reserves amounted to $20 billion on Sept 22, down $48.1 million or 0.24 per...

Pakistan’s geo strategic location makes it the regional trade hub: ADB

News Desk
2017-09-27

ISLAMABAD – Asian Development Bank has approved an 800 million dollar loan to help enhance regional connectivity and trade in...

ADB warns Pakistan of rising debt, current account deficit

News Desk
2017-09-27

ISLAMABAD – Asian Development Bank (ADB) released an update to its economic report on Thursday citing that political uncertainty had finally...

World Bank suspends programme loans support for Pakistan over deteriorating economy

News Desk
2017-09-25

ISLAMABAD: The World Bank (WB) has suspended programme loans/budgetary support for Pakistan owing to deteriorating macroeconomic indicators; however, the Washington-based...

Pakistan lost another IPP case in London Court of Arbitration

News Desk
2017-09-24

ISLAMABAD: The London Court of International Arbitration (LCIA) has issued a final partial award against Pakistan, directing the country to pay...

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