EconomyPakistan
ADB warns Pakistan of rising debt, current account deficit
ISLAMABAD – Asian Development Bank (ADB) released an update to its economic report on Thursday citing that political uncertainty had finally...
EconomyPakistan
World Bank suspends programme loans support for Pakistan over deteriorating economy
ISLAMABAD: The World Bank (WB) has suspended programme loans/budgetary support for Pakistan owing to deteriorating macroeconomic indicators; however, the Washington-based...
EconomyPakistan
Pakistan lost another IPP case in London Court of Arbitration
ISLAMABAD: The London Court of International Arbitration (LCIA) has issued a final partial award against Pakistan, directing the country to pay...
EconomyPakistan
Pakistan economy doubled to 400 billion in last 4 years
ISLAMABAD – The Finance Ministry has strongly rejected misconceptions being created in a section of media about the state of country’s economy. A...
EconomyPakistan
IMF warns Pakistan over economic crisis
ISLAMABAD – In an interview to a local publication, IMF Resident representative Tokhir Mirzoev said Pakistan required to initiate immediate reaction in policy...
EconomyPakistan
Pakistani currency under pressure from major currencies
KARACHI – Dollar, Euro, Pound, Dirham and Saudi Riyal demand rocketed up due to which Rupee depreciated while other currencies...
EconomyPakistan
World Bank CEO appreciates Pakistan macroeconomic framework
NEW YORK: CEO World Bank Kristalina Georgieva appreciated the progress made by Pakistan in stabilising the macroeconomic framework. Georgieva had...
EconomyPakistan
Pakistan Foreign Direct Investment increases in FY 2017-18
KARACHI: Foreign Direct Investment (FDI) climbed by 155% in the first two months of the fiscal year, State Bank of...