Tag: Economy
Foreign investment in debt markets sign of ‘growing confidence’, says Pakistan’s...
By Muhammad
Luqman
The international confidence in Pakistan’s
economy has been restored after adoption of several reforms...
Pakistan’s growth rate to remain lowest in South Asia, warns ADB
By Muhamma Luqman
The Asian Development Bank (ADB) has forecast that Pakistan’s economic growth rate will be 2.8%, the lowest in South Asia and its...
Pakistan’s central bank warns of economic slowdown , increases intererst rate
By Muhammad Luqman
The State Bank of Pakistan has increased its benchmark interest rate by 150 basis points to 12.25 percent , suggesting further measures...
Pakistan launches amnesty scheme to help whiten black money
By Muhammad Luqman
Pakistan’s government has unveiled an amnesty that will allow tax payers to regularize their undeclared assets, as part of plans to raise...
Debt burden on Pakistan set to increase by 12 percent in...
By Muhammad Luqman
Total debt burden on Pakistan by the year 2023 will be equal to 84 percent of its total economy, much higher than...
Pakistan’s economy may experience further decline, warns IMF
By Muhammad Luqman
The Washington-based International Monetary Fund (IMF) has expressed its fear that economic conditions of Pakistan may further deteriorate in 2019, resulting in...
Pakistan’s economy can experience high growth thru Structural Reforms : World...
By Muhammad Luqman
South Asia holds on to its top spot as the world’s fastest growing region, with growth set to step up to 7.0...
Pakistan’s GDP growth to drop further, warns ADB
By Muhammad Luqman
The Asian Development Bank has predicted that Pakistan’s economic growth may decelerate to 3.9% in fiscal year 2019 following a pronounced widening...
Pakistan: PTI government unveils tax cuts, incentives to boost growth
By Muhammad Luqman
Pakistan’s Finance Minister Asad Umar has unveiled a package of measures to boost exports and investment and help the South Asian country...
Pakistan: World Bank extends support to Imran Khan’s Reform Plans
By Muhammad Luqman
The World Bank has said it was ready to support the reform plans of the new government in Pakistan that are needed...