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Turkiye eyes $5b trade in next two years | The Express Tribune
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[ad_1] KARACHI: Ambassador of Turkiye to Pakistan Dr Mehmet Pacaci has said that Pakistan and Turkiye can easily push bilateral trade to $5 billion in the next one to two years. However, in the long term, the bilateral trade could…
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Pakistan eyes $5 billion trade with Iran in five years
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[ad_1] Foreign Minister Bilawal Bhutto-Zardari and Iran Foreign Minister Hossein Amir Abdollahian witness the signing of memoranda of understanding between Pakistan and Iran in Islamabad on Thursday. — Twitter/@ForeignOfficePk ISLAMABAD: Pakistan chalked out a five-year trade cooperation plan with Iran on…
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China has rolled over $2.4b loans for two years: Dar | The Express Tribune
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[ad_1] Finance Minister Ishaq Dar said on Thursday that China’s Export-Import (Exim) Bank rolled over $2.4 billion in loan payments for the next two years. “Chinese EXIM Bank has rolled over for 2 years principal amounts of following loans totalling US$…
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World food prices fall to lowest in 2 years | The Express Tribune
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[ad_1] ROME: The United Nations food agency’s world price index fell in June to its lowest level in more than two years, pushed down by a drop in the cost of sugar, vegetable oils, cereals and dairy products. The Food…
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Agri sector can wipe out CAD in 6 years | The Express Tribune
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[ad_1] KARACHI: Pakistan’s agriculture sector has the potential to overcome the current account deficit and balance-of-payment crisis within six years, according to State Bank of Pakistan (SBP) Former Governor Salim Raza. Speaking at ‘Agri Connections 2023’, organised by the Pakistan…
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China aims for 5% growth next year — lowest target in years
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[ad_1] Employees work on an assembly line producing speakers at a factory in Fuyang city, in China’s eastern Anhui province, on Sept. 30. AFP BEIJING: China announced one of its lowest economic growth targets in years Sunday, kicking off meetings…
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Pakistan inflation jumps 31.5%, highest in nearly 50 years | The Express Tribune
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[ad_1] KARACHI: The Consumer Price Index (CPI), the inflation monitor, jumped 31.5% in February year-on-year, the Pakistan Bureau of Statistics (PBS) said on Wednesday, the highest annual rate in nearly 50 years, as food, beverage and transportation prices surged more…
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Switzerland to face difficult years | The Express Tribune
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[ad_1] GENEVA: The threat of recession in the euro zone and beyond, an energy supply squeeze and the eroding effect of inflation on purchasing power mean Switzerland faces difficult years ahead, Justice Minister Karin Keller-Sutter told the Neue Zuercher Zeitung…
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Pakistan finally out of FATF’s grey list after four years
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[ad_1] A view of the Financial Action Task Force (FATF) plenary meeting. — FATF Twitter PARIS: In a major development, the Financial Action Task Force (FATF), a global money-laundering and terrorism-financing watchdog, finally removed Pakistan from its grey list after…
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Pakistan’s ratings downgraded to Caa1 after 7 years by Moody’s
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[ad_1] Moody’s headquarters in New York, US. — AFP/File SINGAPORE: The Government of Pakistan’s local and foreign currency issuer and senior unsecured debt ratings on Thursday were downgraded to Caa1 from B3 by Moody’s Investors Service (Moody’s) after seven years….
