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IMF cuts 2022 global economic growth forecast to 4.4 pc on US, China slowd
Updated : 4 years, 1 month ago IST
Washington [US], January 25 (ANI): Amid faltering growth in the world's largest economies of the US and China due to the COVID-19 pandemic, the International Monetary Fund (IMF) on Tuesday cut down the global economic growth forecast to 4.4 per cent.
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Pak currency may slip to Rs 200 against UD dollars
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], January 21 (ANI): Amid soaring inflation in Pakistan and the passing of a mini-budget worth Rs 360 billion, PKR (Pakistan currency) might fall to Rs 200 against US dollars.
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World Economy to lose USD 12.5tn in output by 2024 because of COVID-19: IM
Updated : 4 years, 2 months ago IST
Washington [US], January 21 (ANI/Sputnik): The world economy will lose USD 12.5 trillion in output by 2024 due to the pandemic, the International Monetary Fund managing director said on Thursday.
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Pakistan's economic struggle continues under Imran Khan's PTI government
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], January 20 (ANI): Pakistan economic struggle has started to increase under Imran Khan's Pakistan Tehreek-e-Insaf (PTI) compounding with the increase in domestic inflation rates and external loan defaulting.
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Pakistan's income-expense gap widens to Rs 1.8 trillion causing budget def
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], January 20 (ANI): Pakistan's federal budget deficit in the first half of the current fiscal year shot up to Rs 1.8 trillion, a 29 per cent jump compared to the same period of the previous year, despite a slowdown in development spending and double-digit growth in revenu
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Pakistan's economy struggles under combined burden of external, domestic d
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], January 19 (ANI): Pakistan's economy struggles under the combined burden of external and domestic debt, spiraling inflation, sharply depreciating Rupee, widening trade deficit, and other macro and micro-economic parameters, shows a recent report.
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Pakistan's National Security Policy tall claims leading no benefits: Repor
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], January 18 (ANI): Pakistan's National Security Policy seems a signal to the Western nations that while their monetary assistance is welcome but they should expect no military/logistic favours or any 'strategic' concessions.
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Growing financing needs may force Pakistan to seek new IMF loan to meet it
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], January 18 (ANI): Pakistan as it faces increased economic pressure may be forced to seek a new International Monetary Fund loan (IMF) to meet its gross financial needs.
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Imran Khan's departure only solution to all problems of Pakistan, says Jam
Updated : 4 years, 2 months ago IST
Lahore [Pakistan], January 17 (ANI): Jamat-e-Islami (JI) chief Sirajul-Haq on Sunday termed Pakistan Prime Minister Imran Khan's departure 'the only solution' to all the problems of the country.
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Pak opposition parties flay Imran Khan govt over passing of Finance (Suppl
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], January 15 (ANI): Pakistan's opposition parties rebuked the PTI government over the passing of the Finance (Supplementary) Bill 2021 also known as 'mini-budget' and the State Bank of Pakistan (Amendment) Bill 2021 to meet conditions set by the International Monetary Fun
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Pak opposition terms January 13 'darkest day' after National Assembly pass
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], January 15 (ANI): The opposition Pakistan Muslim League-Nawaz (PML-N) on Friday lambasted Imran Khan-led Pakistan Tehreek-e-Insaaf (PTI) government for approving the supplementary bills or 'mini-budget', and said that January 13 was the "darkest day in the history of Pa
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India's forex reserves drop by USD 878 million to USD 632.73 billion
Updated : 4 years, 2 months ago IST
Mumbai [India], January 14 (ANI): India's foreign exchange (forex) reserves fell by USD 878 million to USD 632.736 billion for the week ended January 7, 2022, the Reserve Bank of India (RBI) data showed on Friday.
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