Search For "pakistan gdp"
Historically India-Pakistan war did not derail equities but impacts GDP: J
Updated : 10 months, 2 weeks ago IST
Despite the potential for heightened geopolitical tensions between India and Pakistan to escalate into a military conflict, the Indian equity markets are unlikely to see a significant negative impact, according to a recent report by JM Financial.
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Poverty surges across Pakistan with spike in food, energy prices: World Ba
Updated : 2 years, 5 months ago IST
According to the Macro Poverty Outlook, which was prepared for the recent annual meetings of the World Bank and IMF in Marrakesh, Morocco, prolonged and high inflation in food and energy prices, combined with a lack of substantial economic growth, could lead to social upheaval and negatively
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Pakistan's GDP growth rate for current fiscal year reaches 0.29 pc
Updated : 2 years, 10 months ago IST
The statistics of the growth rate of the national economy of Pakistan during the current fiscal year released by the National Accounts Committee are shocking. The target of GDP growth rate for the current financial year was set at 5 per cent. However, the actual growth has been reported to b
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ADB advises Pakistan to provide targeted subsidies, enhance tax-to-GDP rat
Updated : 2 years, 10 months ago IST
ADB Director General, Central and West Asia Department Yevgeniy Zhukov and Country Director Pakistan Resident Mission Yong Ye stressed on the importance of targeted subsidies to assist downtrodden segments of the society and effective mobilization of domestic resources to help improve the ec
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Pakistan's state-owned entities worst in South Asia, witnessing gigantic l
Updated : 2 years, 11 months ago IST
Pakistan's state-owned entities together received over Pakistani Rupees (PKR) 458 billion in public funds to stay afloat as their combined loans and guarantees increased to almost 10 per cent of GDP PKR 5.4 trillion in FY21.
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World Bank estimates decline in Pakistan's GDP per capita income to USD 1,
Updated : 2 years, 11 months ago IST
In its report 'Macro Poverty Outlook for Pakistan: April 2023', the bank noted that GDP per capita growth is estimated at -1.5 per cent in 2022-23 in comparison to 4.2 per cent in 2021-22.
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World Bank says Pakistan urgently needs foreign loans to avoid "public deb
Updated : 2 years, 11 months ago IST
The World Bank in its flagship report 'Pakistan Development Update' warned Pakistan regarding serious dangers to its economic and debt viability while predicting almost flat economic growth.
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Former Pak Finance Minister Miftah Ismail says things to 'remain tight for
Updated : 3 years, 1 month ago IST
Pakistan is seeking an installment of USD 1.1 billion from the International Monetary Fund to avoid default.
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World Bank slashes Pakistan GDP growth projection to 2 per cent
Updated : 3 years, 2 months ago IST
Pakistan's economic condition is precarious with low foreign exchange reserves and large fiscal and current account deficits, has further worsened by severe flooding.
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Pakistan Finance Minister Ishaq Dar assures country 'will not default'
Updated : 3 years, 2 months ago IST
Ishaq Dar stressed that Pakistan was on the verge of default in 2013. However, their government was able to move the country out of the crisis by using "good economic steps."
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Pakistan: KP govt's financial health deteriorates, fails to pay salaries t
Updated : 3 years, 5 months ago IST
Peshawar [Pakistan], October 3 (ANI): Amid the ongoing economic slump across Pakistan, the government of Khyber Pakhtunkhwa province failed to provide salaries to its employees on the first day of October, blaming it on the non-payment of the province's dues by the ruling coalition.
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Pakistan economy to slow to 3.5% in FY23: ADB report
Updated : 3 years, 6 months ago IST
New Delhi [India], September 22 (ANI): Pakistan's economy is forecast to slow to 3.5 per cent in the financial year 2022-23 due to reasons like devastating floods and policy tightening, the Asian Development Bank (ADB) has said in its latest report.
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