Bloomberg
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Electricity bills in Pakistan to surpass house rents: Bloomberg | The Express Tribune
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Listen to article PAKISTAN: A Bloomberg report has revealed that electricity bills in Pakistan have now exceeded the cost of household rent, considering that electricity prices surged by 155% since 2021. According to the report, the tariff increase has driven electricity costs…
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Imran Khan top pick for Pakistan’s economic revival: Bloomberg Survey
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(From left) PML-N supremo Nawaz Sharif, PTI founder Imran Khan and PPP Chairman Bilawal Bhutto-Zardari. — AFP/X/@ForeignOfficePk/File Pakistan’s top economic minds have placed their bets on former prime minister Imran Khan to steer the country out of the economic crisis…
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Pakistan pays $1bn sukuk bond to end immediate default threat: Bloomberg
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Pakistan Friday made the payment for the $1 billion sukuk bond, Bloomberg reported citing the State Bank of Pakistan (SBP) as the country dodged the immediate default threat. Abid Qamar, a spokesperson at the SBP, told the publication that Pakistan…
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Probability of currency crisis exceeds 50%, says Bloomberg report | The Express Tribune
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The odds of Pakistan facing a currency crisis surpassed 50% after devastating floods lashed the country, killing hundreds and displacing millions, a Bloomberg Economics risk model revealed on Tuesday. According to economist Ankur Shukla, the possibility of a currency crisis…
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Russia-Ukraine conflict multiplying Pakistan’s energy woes: Bloomberg
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A representative image. Thousands of miles away from the Ukraine conflict, Pakistan is facing the brunt of the war and the West’s push to punish Russia for its invasion, according to a Bloomberg report. The South Asian nation, currently undergoing…
