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Economy
The global economy represents a complex interplay of national economies, characterized by trade, investment, and market dynamics. It's influenced by a myriad of factors including governmental policies, technological advancements, and socio-economic conditions. Current trends focus on digital transformation, sustainability, and economic recovery post-pandemic. Analysts monitor indicators like GDP growth, employment rates, and inflation to forecast economic shifts. Understanding these elements is crucial for stakeholders across all sectors to make informed decisions. The global economic outlook continues to evolve, shaped by emerging markets and innovation, presenting both challenges and opportunities.
Pak and Kuwait signs multi-billion dollar investment deals
Numerous memorandums of understanding (MoUs) signed between Pakistan and Kuwait as the Gulf state sought multibillion...
World Bank predicts that Pakistan’s GDP will crumble by 2050
According to the World Bank, Pakistan's GDP predicted to fall by at least 18 to 20...
Bloomberg predicts shocking downfall for rupee in year 2024
The Pakistani Rupee (PKR) expected to finish the year as Asia's worst-performing currency after losing almost 20%...
IMF begins work on Pakistan’s new possible bailout program
According to sources, the International Monetary Fund (IMF) is now developing a policy statement for a...
Pakistan and UAE signs multi-billion dollars investment MoUs
Memorandums of understanding (MoUs) on investment cooperation signed by Pakistan and the United Arab Emirates on Monday....
Pakistan to unlock $1.5 bn from various multilateral donors
Dr. Shamshad Akhtar, caretaker Federal Minister for Finance, announced on Thursday that Pakistan would receive financial...
Forex companies sell $150 mn to banks in 13 working days
Forex companies sold about $150 million to banks in the first 13 working days of November,...
Pak’s current account deficit reduced by 91% YoY in Oct 2023
In October 2023, Pakistan's current account deficit was $74 million, according to data that was made...
Pakistan’s FDI decreased by 29% MoM to $122 mn in Oct 2023
Foreign direct investment (FDI) in Pakistan was $122.46 million in October 2023, representing a decrease of...
Pakistan’s bonds hits its highest point in more than a year
As the country secures the International Monetary Fund's (IMF) tranche, Pakistani bonds surged to their highest...
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