week
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NEC finally gets a shape before next week meeting | The Express Tribune
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ISLAMABAD: President Asif Ali Zardari on Friday constituted the National Economic Council aimed at enabling the coalition government to approve new fiscal year’s development budget and macroeconomic framework. The President of Pakistan is pleased to constitute the National Economic Council, according…
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IMF mission chief to lead bailout talks with Pakistan next week
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IMF’s Resident Representative for Pakistan Esther Perez Ruiz. — Reporter ISLAMABAD: A senior official of the International Monetary Fund’s (IMF) Sunday confirmed that a team of the Washington-based lender will reach Pakistan next week to hold talks with Islamabad over bailout…
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IMF executive board to approve Pakistan’s $1.1 billion tranche next week
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IMF headquarters in Washington, US. — AFP/File The International Monetary Fund’s (IMF) executive board will hold its meeting on April 29 to review the approval of $1.1 billion funding for Pakistan under the $3 billion Stand-By Arrangement (SBA), Reuters news…
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IMF chief says deal with Pakistan on review likely this week
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Managing Director of the IMF Kristalina Georgieva attends the annual meetings of the IMF and the World Bank Group (WBG), in Marrakesh on October 12, 2023. — AFP International Monetary Fund (IMF) Managing Director Kristalina Georgieva was hopeful of reaching…
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Elon Musk’s Tesla attains 14,000 China insurance registrations in 1st week of Nov
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A handout photo provided on April 1, 2016 by Tesla Motors shows the car manufacturer’s new Model 3 which was unveiled on March 31. — AFP China saw a rise in Tesla car insurance registrations last week as the updated…
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Global stocks set for best week in a year | The Express Tribune
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LONDON/SINGAPORE: Global stocks were on track for their biggest weekly rise in a year on Friday as investors cheered a pause in US interest rate hikes, while the dollar was on the back foot. Trading on Friday was relatively subdued,…
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Gold prices fall by over Rs2,000 per tola as week starts
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A representational image of gold jewellery. — AFP/File KARACHI: The rates of gold in the local market fell by over Rs2,000 per tola in line with the developments in the international market on Monday. The price of gold (24 carats)…
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Oil dips but on track for fifth week of gains | The Express Tribune
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NEW YORK: Oil prices edged lower on Friday, but were on track for a fifth straight week of gains as investors were optimistic that healthy demand and supply cuts will keep prices buoyant. Risk appetite in wider financial markets has…
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Central bank to review policy rate next week | The Express Tribune
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KARACHI: In its first meeting post-IMF new loan programme, Pakistan’s central bank is scheduled to review its key policy rate, the cost of banks’ lending, on Monday. It will assess whether it remains appropriate at the current historical high level…
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Gold registers Rs1,100 drop in outgoing week
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This undated file photo shows gold bangles. — AFP As uncertainty around the US debt ceiling continued and investors looked at the Federal Reserve for future direction on the interest rate, the rate of gold fluctuated in both the international…
