ISLAMABAD: Digitisation can contribute $60 billion to Pakistan’s economy and provide innovative employment opportunities for the 23% of country’s population in the next seven...
The economic uncertainty has been stretched to unprecedented limits rendering Pakistani economy tremendous harm and still the final decision has not been arrived at.
The...
ISLAMABAD: The World Bank (WB) has said Pakistan’s economy can grow sustainably only if the country adopts productivity-enhancing reforms.
The WB in its report issued...
ISLAMABAD: The Asian Development Bank (ADB) has forecasted that Pakistan’s economy was expected to slow down in the current fiscal year (FY) 2023 to...
ISLAMABAD: A session of the International Monetary Fund (IMF) Executive Board for review of Pakistan's economy has been scheduled in Washington on Wednesday, ARY...
ISLAMABAD: Prime Minister (PM) Imran Khan on Tuesday said Pakistan's macroeconomic indicators are stable with reserves in a stable condition.
Chairing a meeting of the...
Asian Development Bank's newest report carried some positive news for the country with the money lending body hinting signs of progress for Pakistan's economy
After conclusion of the in-camera meeting, Senator Sherry Rehman talking to media said that the economic situation is serious, the current account deficit and the economic crises are needed to be addressed properly.
'An increase in State Bank of Pakistan's reserves by "$1.8B & reduction of $3B in FX swaps/forward liabilities increased FX buffer by $4.8B," providing further stability to external account'
In its Asian Development Outlook Supplement, the Manila-based lender assesses slower growth in Asia this year and next, citing weakening domestic investment due to external factors such as the U.S.-China trade war for its 5.2 percent expansion forecast.
The IMF statement said that Pakistan has recently commenced implementing the financial plan of the institution and its economy needed a financial adjustment.
International Monetary Fund (IMF) reform and funding programme, along with considerable additional bilateral and multilateral funding, will help to address near-term funding risks.