economic
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Day trade: PSX tests 83,000 barrier on stronger economic indicators
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[ad_1] A stock broker can be seen speaking on call while looking at his screen. — AFP/File Stocks soared over 900 points in Thursday’s intraday trade, hovering near the 83,000-point mark as renewed economic optimism spurred a rush for high-dividend-yielding shares, with investors betting on further monetary easing after inflation hit a 44-month low in…
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IMF MD links bailout package to tax fairness, economic recovery
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[ad_1] IMF Managing Director Kristalina Georgieva (right) meets PM Shehbaz Sharif-led delegation on the sidelines of the UNGA session in this image released on September 27, 2024. — X/@KGeorgieva International Monetary Fund (IMF) Managing Director Kristalina Georgieva has linked the recently approved fresh loan programme for Pakistan with the country’s economic recovery and an improvement…
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Pakistan’s economic crisis drives women into workforce | The Express Tribune
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[ad_1] Amina Sohail veers through heavy traffic to pick up her next passenger — the sight of a woman riding a motorcycle drawing stares in Karachi. The 28-year-old is the first woman in her family to enter the workforce, a pattern emerging in urban households coming under increasing financial pressure in Pakistan. “I don’t focus…
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Finmin Aurangzeb outlines Pakistan’s path to sustainable economic growth | The Express Tribune
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[ad_1] Pakistan’s Finance Minister Muhammad Aurangzeb has reaffirmed the government’s commitment to steering the economy toward stability and sustainable growth. Speaking at a recent media briefing, Aurangzeb addressed the country’s ongoing economic challenges and the efforts being made to overcome them. He highlighted that despite the difficulties, significant progress has been made, particularly in terms…
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Moody’s upgrades Pakistan’s ratings to ‘Caa2’ on improved economic outlook
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[ad_1] Signage is seen outside the Moody’s Corporation headquarters in Manhattan, New York, US, November 12, 2021. — AFP/File Taking into account the recent improvement in macroeconomic conditions, global credit rating agency Moody’s Ratings on Wednesday upgraded Pakistan’s local and foreign currency issuer and senior unsecured debt ratings to Caa2 from Caa3. “We have also…
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Khawaja Anver Majid Nominated for Hilal-e-Imtiaz: A Legacy of Economic Empowerment and Philanthropy
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[ad_1] Founder and Chairman of Omni Group Khawaja Anver Majid.Khawaja Anver Majid, the Founder and Chairman of Omni Group, has been nominated for the prestigious Hilal-e-Imtiaz in recognition of his significant contributions to Pakistan’s economy. This announcement is part of the national awards, which… [ad_2] Source link
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Is there any economic recovery plan on cards? | The Express Tribune
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[ad_1] ISLAMABAD: Not really. Is anyone asking for it? Not really. Is there any accountability for inaction? Not really. Would we stay victims of the status quo? Absolutely yes! The country has such a sad but usual state of affairs. Of course, the news about the annual budget exercise and the IMF package have faded…
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Cement sales fall 7% as economic activity slows | The Express Tribune
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[ad_1] LAHORE: Cement sales dropped 6.81% as they remained at 3.010 million tons in July 2024 compared to 3.230 million tons in the same month of last year. According to data released by the All Pakistan Cement Manufacturers Association, local cement sales of the industry were 2.463 million tons in July, down 11.41% from 2.780…
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Finance minister briefs Fitch Ratings on Pakistan’s IMF agreement, economic reforms | The Express Tribune
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[ad_1] On Monday, Finance Minister Muhammad Aurangzeb updated Fitch Ratings representatives about Pakistan’s recent Staff-Level Agreement (SLA) with the International Monetary Fund (IMF) and outlined various measures aimed at bolstering the economy. The briefing, conducted via Zoom, underscored the positive effects of the nine-month Stand By Agreement with the IMF on Pakistan’s macroeconomic health. Earlier…
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Experts unanimous on political stability for economic turnaround
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[ad_1] Panellists discuss ways to steer Pakistan out of the crises and onto the path of growth at Geo News show Great Debate hosted by Shahzeb Khanzada. — YouTube/GeoNews/Screengrab Panellists at Geo News’s exclusive Great Debate on the economy unanimously stated on Sunday that only economic and political stability can expedite the country’s recovery from…
