Pakistans
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Ecnomic Survey 2021-22: Pakistan’s economy grew 6%, says Finance Minister Miftah Ismail
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[ad_1] (L to R) Power Minister Khurram Dastagir, State Minister for Finance Ayesha Ghous Pasha, Finance Minister Miftah Ismail and Planning Minister Ahsan Iqbal, Finance Secretary Hamed Yaqoob Sheikh and Economic Adviser Dr Imtiaz Ahmad unveil the Pakistan Economic Survey. Photo: Ministry of Finance ISLAMABAD: Finance Minister Miftah Ismail on Thursday unveiled the Economic Survey…
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Moody’s downgrades Pakistan’s rating outlook | The Express Tribune
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[ad_1] KARACHI: Moody’s Investors Service has downgraded Pakistan’s credit rating outlook to negative from stable on fears the global commodity prices will remain elevated, which will continue to keep the current account deficit widened and impact the foreign exchange reserves in the current and next fiscal years. Besides, the domestic political uncertainty ahead of next…
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Korean investors eye Pakistan’s energy, tech sectors | The Express Tribune
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[ad_1] KARACHI: South Korea is looking forward to strengthening bilateral relations with Pakistan and supporting the conduct of business-to-business (B2B) meetings, said Korean Ambassador to Pakistan Suh Sangpyo. During a meeting with members of the Pakistan-Korea Business Council of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Monday, Sangpyo urged the businessmen…
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Pakistan’s debt mounts to Rs53.5tr | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan’s total debt and liabilities jumped to Rs53.5 trillion – an addition of Rs23.7 trillion under the watch of former prime minister Imran Khan, who failed to meet his promise of bringing down by half the debt pile left behind his arch-rival – the PML-N. The increase in public debt alone, which is…
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With 6% growth rate, Pakistan’s economic size jumps to $383b | The Express Tribune
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[ad_1] ISLAMABAD: Fueled by imports and consumption, Pakistan’s economic growth rate accelerated to 6% during the last year of Imran Khan’s government – the highest pace in four years – helping to increase the size of the nation’s economy to $383 billion besides jacking up per-capita income. The provisional Gross Domestic Product (GDP) growth rate…
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Pakistan’s exports to China up nearly 17% in Q1 | The Express Tribune
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[ad_1] BEIJING: Pakistan’s exports to China crossed $1.039 billion in the first quarter of 2022, recording a nearly 17% increase from January to March this year, as per the General Administration of Customs of China (GACC). According to data from GACC, in the first three months of this year, China’s exports to Pakistan also increased…
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Pakistan’s economy to grow 4% | The Express Tribune
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[ad_1] ISLAMABAD: The Asian Development Bank (ADB) has said that Pakistan’s economy will slow down to 4% in the current fiscal year – the fifth lowest rate in South Asia – and inflation will remain in double digits amid worries that increasing prices can undermine growth prospects. Pakistan’s economic growth rate will moderate to 4%…
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No-trust move: Moody concerned for Pakistan’s economy | The Express Tribune
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[ad_1] KARACHI: The Moody’s Investor Service has termed the no confidence motion against Prime Minister Imran Khan credit negative and expressed concern that it could act as a hurdle in way of smooth reform process in Pakistan. “We view the no-confidence motion as credit negative because it raises significant uncertainty over policy continuity, as well…
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ADB approves $300m loan to develop Pakistan’s capital markets | The Express Tribune
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[ad_1] ISLAMABAD: The Asian Development Bank (ADB) approved a $300 million loan on Tuesday to further develop Pakistan’s capital markets, promote private investment in the country, and help mobilise domestic resources to finance sustainable growth. According to a statement, the second sub-programme of the ADB’s Third Capital Market Development Program builds on institutional and regulatory…
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Pakistan’s low-cost Fly Jinnah airline unveils brand identity | The Express Tribune
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[ad_1] Fly Jinnah, Pakistan’s new low-cost carrier, on Wednesday revealed its visual brand identity. Fly Jinnah’s’ brand identity, with its brand name abbreviation ‘FJ’, has adopted the vibrant red as its main colour to reflect the young and modern spirit of the airline while the logo and brand identity consisting of its unique font and…
