Saudi Arabia Extends $3 Billion Deposit to Support Pakistan’s Economy
Karachi: State Bank of Pakistan announced on Wednesday that Saudi Arabia has agreed to extend a $3 billion deposit for an additional year, providing crucial...
Pakistan’s economy
IMF Report: Pakistan’s Economy Faces New Challenges
by TNT Desk
The International Monetary Fund (IMF) has stated that Pakistan’s economy is facing a difficult situation, and it is crucial to steadfastly implement the new 9-month...
Pakistan’s foreign exchange reserves held by Central Bank drop by 48% in 2018
by TNT Desk
KARACHI: Due to heavy repayment of loans and interest on loans, Pakistan lost its precious foreign exchange reserves of $6.33 billion in 2018, which is...
Pakistan’s economy grows by 3.7% in FY12: SBP
by Asad Ahmed
Karachi: Pakistan’s economy witnessed a modest improvement in FY12 – real GDP grew by 3.7 percent during the year, compared with 3.0 percent in FY11,...
Pakistan’s economy maintains growth despite challenges: SBP
Karachi: State Bank of Pakistan has shown satisfaction over the present economic situation of the country, saying its growth rate is 3.7 percent during FY12...
Pakistan’s economy is undocumented but vibrant
by Yasir Ameen
Karachi: Pakistan’s economic system is facing serious challenges including the worst energy crisis, mounting fiscal pressure, increasing volume of domestic financing, war on terror, law...
Pakistan’s economy requires immediate reforms: USAID economist
by Mirza Hassan
Lahore: USAID Economist Thomas Morris has said that Pakistan’s economy requires immediate reforms to overcome the challenges because any more delay in initiating much-needed sector-specific...