economic
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PSX slumps over 3.4% due to economic, political uncertainty | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange (PSX) slumped over 3.4%, approximately 1,348 points, and hit a two-year low at around 38,900 points on Tuesday. The market maintained a steep downward trend for the second consecutive day due to the rise in…
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EU to provide Pakistan €87m for ‘green’ economic growth
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[ad_1] EAD Secretary Dr Kazim Niaz (left) and EU ambassador Dr Riina Kionka (right) shack hands after signing the agreement for three new development programmes on January 9, 2023. — APP The European Union on Monday signed agreements for three…
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PTI forms groups for economic, governance reforms in Pakistan: Fawad
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[ad_1] PTI Senior Vice President Fawad Chaudhry. — AFP/File Pakistan Tehreek-e-Insaf (PTI) has formed working groups to make fundamental reforms to fix the country’s economic and governance issues, the party’s Senior Vice President Fawad Chaudhry said on Monday. Taking to…
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Gold hits all-time high in Pakistan as economic woes spur buying frenzy
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[ad_1] — AFP Gold prices in Pakistan surged to a record high as people took refuge in the safe-haven metal on mounting concerns that the nation’s economic condition conditions will deteriorate further. For the first time in the history of…
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Rupee decline persists as economic woes take toll on investors’ sentiment
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[ad_1] A currency dealer is counting Rs5,000 notes. — AFP/File Pakistani rupee continued to register losses for the third successive session as shrinking foreign exchange reserves amid rising imports and a delay in the funding from the International Monetary Fund…
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Govt categorically denies rumours on imposing economic emergency
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[ad_1] — AFP/File The Finance Division Tuesday categorically denied assertions on supposed economic emergency proposals being circulating on social media, terming them “false”. In a statement issued today, the Finance Division not only strongly rebutted the assertions made in the…
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Gold edges down as investors keep an eye on political, economic developments
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[ad_1] An image of gold necklace showcased in a jewellery shop. — AFP/File KARACHI: Gold prices inched lower on Friday amid a lack of clear direction as investors continued to assess the developments on the economic and political front. Analysts…
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Dar updates President Alvi on Pakistan’s economic, financial outlook
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[ad_1] Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar (right) in a meeting with President Arif Alvi at Aiwan-e-Sadr in Islamabad, on November 18, 2022. — APP ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar called on President Dr…
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Reforms inevitable for economic recovery after floods, WB tells Pakistan
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[ad_1] World Bank Vice President for South Asia Martin Raiser. — Twitter/File World Bank Vice President for South Asia Martin Raiser said Sunday that Pakistan would have to introduce financial reforms to cope with the economic crisis being faced by…
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Miftah not too optimistic about Pakistan’s economic outlook
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[ad_1] Former federal finance and revenue minister Miftah Ismail (left) in conversation with Dr Aqdas Afzal, an assistant professor of Social Development and Policy at Habib University in Karachi. — Courtesy Habib University Former federal finance minister Miftah Ismail is…
