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Pakistan's trade deficit exceeds annual target in current fiscal year
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 3 (ANI): Pakistan's trade deficit widened to USD 28.8 billion in the first seven months of the current fiscal year more than the annual target set by the federal government further increasing the foreign borrowing requirement to bridge the yawning gap.
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Pakistan-Saudi deal worth USD 20 billion yet to take-off as Imran Khan gov
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 3 (ANI): Faced with economic stagnation the Imran Khan-led government in Pakistan which has unsuccessfully tried to increase Foreign Direct Investments (FDI) has been let down by Saudi Arabia too, on whom Islamabad pinned its hopes.
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IMF approves USD 1bn loan tranche for Pakistan
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 3 (ANI): The International Monetary Fund's executive board on Wednesday revived Pakistan's stalled programme and cleared USD 1 billion tranches after Islamabad gave complete autonomy to the country's central bank and took around PKR 800 billion measures, report
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Merchandise export in Jan '22 grows 23.69 pc, trade deficit widens to USD
Updated : 4 years, 1 month ago IST
New Delhi [India], February 2 (ANI): India's merchandise export in January 2022 grew to USD 34.06 billion registering a 23.69 per cent growth over the USD 27.54 billion of merchandise shipments in January 2021, pushed by robust performance by engineering, petroleum as well as gems and jewell
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Sweden allocates 5.3 miilion USD for Ukraine aid as part of new fund: Fore
Updated : 4 years, 1 month ago IST
Stockholm [Sweden], February 2 (ANI/Sputnik): Sweden has allocated USD 5.3 million for the newly-created Partnership Fund for Resilient Ukraine (PFRU), which also includes the UK, the US, Canada and Switzerland, and aims to provide Ukraine with financial assistance amid rising fears of a Rus
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India's export in January 2022 rose by 23.69 pc to USD 34.06 billion
Updated : 4 years, 1 month ago IST
New Delhi [India], February 2 (ANI): India's merchandise export in January 2022 increased by 23.69 per cent to USD 34.06 billion over USD 27.54 billion in January 2021; records increase of 31.75 per cent over USD 25.85 billion in January 2020, informed the Ministry of Commerce and Industry o
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India's exports to China rise by 21 per cent to USD 22.9 billion in 2021
Updated : 4 years, 1 month ago IST
New Delhi [India], February 2 (ANI): India's exports to China rose by 21 per cent to USD 22.9 billion in the 2021 calendar year while imports surged by 49 per cent to USD 87.5 billion during the same year, according to data released by the Directorate General of Commercial Intelligence an
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US national debt skyrockets, surpasses USD 30 trillion for first time
Updated : 4 years, 1 month ago IST
New York [US], February 2 (ANI): America's national debt on Tuesday hit another sobering milestone surpassing USD 30 trillion for the first time.
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Germany announces USD 140 million to support UNICEF in Afghanistan
Updated : 4 years, 1 month ago IST
Kabul [Afghanistan], February 2 (ANI): To help children and women in Afghanistan who are facing severe conditions due to humanitarian crisis and harsh winters, Germany Federal Ministry of Economic Cooperation on Wednesday announced USD 140 million to support United Nations International Chil
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India's forex reserves increased due to Centre's effective policies, says
Updated : 4 years, 1 month ago IST
New Delhi [India], February 2 (ANI): Prime Minister Narendra Modi on Wednesday said that India's forex reserves have increased to USD 630 billion from USD 200 billion due to the government's effective policies.
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WFP needs USD 2.6 billion to address humanitarian crisis in Afghanistan
Updated : 4 years, 1 month ago IST
Kabul [Afghanistan], February 2 (ANI): World Food Programme (WFP) on Tuesday announced that it needs urgent funding of USD 2.6 billion to boost operations for 8.7 million starving Afghans as the freezing winter is deteriorating the situation.
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Union Budget gives booster dose to India's export sector
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): The Budget has given a booster dose to India's export sector which has never had it so good - riding high on a 38.91 percent surge in December to reach USD 37.81 billion - the highest - ever monthly figure - and putting India well on track to achieve the
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