Search For "monet"
Pakistan spent Rs 2.2 trillion on interest on debt, defence from July-Nove
Updated : 3 years, 5 months ago IST
In the July-November period of the current fiscal year, an 83 per cent rise was seen in the interest cost on the Rs 50 trillion federal government debt stock. And in which, Finance Ministry paid Rs 1.7 trillion in interest cost, up by Rs 763 billion, sources said.
Read More
No other option but to implement IMF program: Shehbaz Sharif
Updated : 3 years, 5 months ago IST
The Prime Minister of Pakistan Shehbaz Sharif calls it a painful reality but said that there is no other option but to implement IMF program
Read More
IMF asks Pakistan to meet demands within three weeks to revive loan progra
Updated : 3 years, 5 months ago IST
To pave the way for a staff-level agreement and release of $1 billion tranche under the Extended Fund Facility (EFF), a timeframe of two to three weeks has been given for implementing "all required actions".
Read More
How is RBI making Digital Lending safer with P2P Platforms?
Updated : 3 years, 5 months ago IST
New Delhi [India], December 24 (ANI/PNN): Peer-to-peer deviates from the typical lending process in which borrowers request loans through conventional financial institutions. Individuals can borrow money from others using a P2P lender via an online marketplace. P2P lending is a relatively ne
Read More
Continued monetary policy tightening necessary: RBI MPC member Shashanka B
Updated : 3 years, 5 months ago IST
Continued monetary policy tightening is needed to achieve moderation in the inflationary pressures, Reserve Bank of India's Monetary Policy Committee member Shashanka Bhide said during the latest policy meeting held this month.
Read More
Premature pause in monetary policy action would be costly error: RBI Gover
Updated : 3 years, 5 months ago IST
Raising interest rates typically cool demand in the economy, thereby putting a brake on inflation.
Read More
Rupee slips 10p to 82.709 vs dollar in early trade
Updated : 3 years, 5 months ago IST
The rupee declined against the US dollar on Wednesday morning as the American currency strengthened against key rivals overseas.
Read More
25 AAI airports earmarked for leasing over between 2022-2025: Govt to Rajy
Updated : 3 years, 6 months ago IST
AAI airports are leased out in the public interest for their better management utilizing private sector efficiency and investment.
Read More
Economic indicators suggest Pakistan's economic situation would worsen in
Updated : 3 years, 6 months ago IST
Pakistan's economic downfall will continue as the economic indicators point a economic crisis in near future
Read More
Year Ender: Sri Lanka witnesses economic, political crisis and mass protes
Updated : 3 years, 6 months ago IST
People of Sri Lanka demanded the resignation of President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa as they blamed their government for the mismanagement of the country's economy.
Read More
Bank of England raises bank rate by 50 basis points to 3.5 pc
Updated : 3 years, 6 months ago IST
The Monetary Policy Committee (MPC) of United Kingdom's central bank sets monetary policy to meet the 2 per cent inflation target, and in a way that helps to sustain growth and employment, according to a statement available on bankofengland.co.uk.
Read More
Pakistan seeks increase in budget deficit from IMF
Updated : 3 years, 6 months ago IST
Pakistan is also considering imposing the flood Levy on those higher income brackets who are earning lofty profits in recent years and also said adjuster will be used to hike the budget deficit target envisaged at 4.9 per cent of GDP on eve of the budget for 2022-23.
Read More