Category: Economy

Asian Development Bank released its annual outlook report The Asian Development Bank (ADB) says that the GDP growth rate in Pakistan this fiscal year has more than doubled to 27.5 percent and the economic growth rate will be 2 percent after a 0.6 percent decline in growth. setTimeout(function(){ !function(f,b,e,v,n,t,s) {if(f.fbq)return;n=f.fbq=function(){n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments)}; if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′; n.queue=[];t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)[0]; s.parentNode.insertBefore(t,s)}(window,document,’script’,…

International economist Atif Mian says that Pakistan’s economy is going from crisis to disaster, the system is becoming uncontrollable. In the statement issued, the international economist Atif Mian has said that the pace of development in Pakistan is rapidly decreasing and the prices are increasing rapidly. He says that inflation and large deficits are due…

One should learn the proper use of new inventions while accepting the situation. (Photo: File) Since the arrival of man in this world till today, man has passed through many periods. And every era has been trying to live a better life than before. Allah Ta’ala has blessed man with innumerable abilities, by using which…

Everyone knows the reasons why the seriousness of economic and economic crisis has increased in Pakistan. Photo file Recently, Federal Finance Minister Ishaq Dar said in a statement that we have to learn to live without the IMF, Pakistan was not made to default, it was also revealed that the foreign debt was reduced by…

—File photo The flight of the US dollar continues while the Pakistani rupee loses its value. The US dollar has gained more since the opening of business this morning. 287 rupees has become 50 paisa after the dollar has become expensive in interbank by 21 paisa. Yesterday, the dollar closed at 287 rupees 29 paise…

Karachi: Muttahida Qaumi Movement (MQM) Pakistan has decided not to participate in Karachi by-elections. According to Express News, a consultative meeting of the coordination committee was held at the temporary headquarters of MQM in Bahadurabad, in which the current situation of the country and political issues were discussed. Taking into account the opinion of the…

New York: Former US President Donald Trump has been arrested on criminal charges. This is the first time in American history that any former president has been indicted. According to American media, Donald Trump has been indicted on 34 charges of misusing campaign funds and falsifying business records in 2016, which Donald Trump has denied…

Pakistan Peoples Party Co-Chairman and former President Asif Ali Zardari returned home from Dubai. According to Express News, Asif Ali Zardari arrived in Karachi from Dubai by special plane where he was received by party leaders at the airport. Asif Ali Zardari had gone to Dubai for treatment a month ago after he fell ill,…

The Aptama delegation thanked the Federal Minister for issuing orders to resolve the issues, Photo: File Islamabad: Federal Finance Minister Muhammad Ishaq Dar has praised the role of the textile sector in the country’s economic growth and exports and said that the government is determined to solve the problems faced by the sector. According to…

Tight fiscal policy has been adopted late, World Bank, (Photo: File) Islamabad: The World Bank has revealed the possibility of Pakistan’s economic growth rate of only 0.4 percent in the current financial year, while it has also predicted that the inflation rate will remain at a high level of 29.5 percent until June. The Pakistan…