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World Bank report on Pakistan economy in FY 2018-19: All is not good

News Desk
2018-10-08

ISLAMABAD – A recently published World Bank report has made new predictionsand assessments regarding the Pakistan economy in the Fiscal...

Pakistan economy faces yet another blow

News Desk
2018-09-20

ISLAMABAD – Pakistan economy faces yet another blow as the current accountdeficit surges further. The current account deficit for 2MFY19...

No major impact likely on Pakistan economy after put on FATF list: Ambassador Siddiqui

News Desk
2018-07-07

WASHINGTON: Pakistan ambassador to the United States Ali Jenhangir Siddiqui has said there would not be any major impact on...

Pakistan’s total foreign reserves stand at US 16,798 million: SBP

News Desk
2018-06-22

ISLAMABAD: The State bank of Pakistan on Thursday said that the total liquid foreign reserves held by the country stood...

Pakistan economy gets a blow in Moody’s international rankings

News Desk
2018-06-20

LAHORE: Moody’s Investors Service on Wednesday changed the outlook onPakistan’s rating to B3 negative from B3 stable. In a statement...

Pakistan’s economic crisis, What does Chinese experts say?

News Desk
2018-06-19

BEIJING: Building sound economic fundamentals is the best way to allay acurrency crisis in Pakistan, economic experts said here on...

Consumer spending during Eid ul Fitr breaks all historic records, crosses Rs 1 trillion mark

News Desk
2018-06-19

KARACHI: Consumer spending during the occasion of Eid-ul-Fitr this yearincreased by around 15 percent, breaking the Rs1 trillion trajectory, asrepeated...

What is behind the free fall of the Pakistani Rupee against US Dollar?

News Desk
2018-06-11

KARACHI/ISLAMABAD: The Pakistani rupee slumped 3.8 percent against thedollar on Monday before slightly recovering in what appeared to be thethird...

Pakistan’s Eurobonds face a big blow

News Desk
2018-06-11

ISLAMABAD – Pakistan’s Eurobonds fell on Monday following what traders saidappeared to be the country’s third currency devaluation in seven...

Pakistan records highest ever budget deficit of its history

News Desk
2018-05-22

ISLAMABAD – A record high budget deficit of Rs1.481 trillion for ninemonths of the current fiscal year has been recorded...

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