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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.
China’s economy recovers after COVID19 precautions relaxing
As the country escaped from severe Covid restrictions, China's economy grew more quickly than projected in...
Buying power of a Pakistani declined by 38% due to inflation
According to the World Bank, food prices in Pakistan have been rising for 11 straight months,...
US, the rate of job creation slowed to 236,000 in March
The U.S. economy created 236,000 new jobs in March, which was a few thousand short of...
Oman plans to jumpstart economy with 48 new programs in 2023
On Monday, the Ministry of Commerce, Industry, and Investment Promotion (MoCIIP) of Oman announced the rollout...
A rise in oil & gas production in PAK
On a daily basis, the country's oil and gas production has increased, according to a source...
Govt. is not considering any foreign exchange amnesty schemes; says ministry
Dr. Ayesha Ghuas Pasha, Minister of State for Finance, has stated unequivocally that the government is...
SBP raises policy rate by 100 bps to 21% to deal inflation
According to a press release published on Tuesday, the State Bank of Pakistan (SBP) has decided...
With PMI at 58.7, Saudi non-oil economy is still booming
Businesses in Saudi Arabia's non-oil private sector have been hiring and spending at a faster clip...
After China’s opening, ADB predicts 4.8% economic expansion
The Asian development bank in Manila predicts the region would increase after China's opening by 4.8%...
APTMA fears, textile exports may decrease by $3 bn in 2023
The All Pakistan Textile Mills Association (APTMA) has warned that Pakistan's textile exports may decline by...
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