Finance Minister Asad Umar on Thursday said that Pakistan's current account deficit for January down by 54 percent as compare to the same month in previous year.
In collaboration with the friendly countries, Pakistan has got rid of economic crisis and its economy has been set on the right direction, says State Bank of Pakistan Governor Tariq Bajwa.
President Dr. Arif Alvi has said that it was encouraging to see technology experts considering Pakistan as a destination of technology advancement and supporting the government’s initiatives to transform Pakistan into knowledge based economy.
Prime Minister directed to provide all possible facilities to low income people for their dream of owning a house to be realized.
The report highlighted that the continued exports growth and a steady increase in workers’ remittances partially helped contain the current account deficit.
'Country's economy cannot flourish until trade deficit is controlled'
KARACHI: The prime minister's adviser on Commerce, Abdul Razak Dawood, on Saturday said the economy is on the right track despite difficult conditions, ARY News reported. Addressing a conference in Karachi, Dawood said imports of the country should be decreased to improve the economy. “Pakistan will achieve its all-time high exports target soon." He relayed that the government was utilizing all resources to create investment opportunities and streamline the national economy. On the other hand, on Jan 17, the State…
Economy Minister Peter Altmaier, who expects German growth of around 1.5 percent for 2018 compared with 2017's 2.2 percent, has also rebuffed the doomsayers.
CHARSADDA: State Minister for Parliamentary Affairs Ali Muhammad Khan on Friday said that the incumbent government is taking effective measure for the revival of the national economy, Radio Pakistan reported. Talking to journalists in district Charsadda here on Friday, the minister said economic indicators of the country are improving due to prudent policies of the PTI-led federal government. He said government has launched Pakistan Citizens Portal to address public complaints timely. "The government has started…
ISLAMABAD: Finance Minister Asad Umar will give a three-year road map to revive the country’s economy, said Federal Minister for Information and Broadcasting Fawad Chaudhry on Sunday. “It was reassuring to learn from Asad Umar that the upcoming mini budget is geared towards increasing investments and growth and he will announce a three-year roadmap to revive economy,” he tweeted. Fawad quoted the finance minister as assuring him that he had enough cushion to secure a bailout package from the International Monetary Fund…