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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.
Sri Lanka gets $2.9bn IMF bailout package in the year 2023
The President has promised to restore economic health through "prudent fiscal management and ambitious reform programme"...
Russia now supplies more oil to China than Saudi Arabia
According to official Chinese data, in the first two months of 2023, purchasers snatched up...
Chinese bank promises to refinance $500 mn loan for Pakistan
Out of the whole $2 billion committed, a Chinese bank has assured that it will deliver...
To impose health tax on cigarettes, Govt. can make Rs. 60 bn
SPARC, the Organization for the Protection of Children's Rights, has urged that the Health Levy Bill...
Govt. ready to impose 25% tax on luxury items due to IMF
The government of Pakistan plans to increase the sales tax on a variety of cosmetics and...
SBP reserves increase for the 3rd week in a row
According to data provided by the State Bank of Pakistan (SBP) on Thursday, the foreign exchange...
FBR calls textile exporters for moot on sales tax issues
All textile exporters have been called to a moot at FBR headquarters on March 1, 2023...
Interest rate may raise by SBP to 19% because of IMF
The majority of the action was taking place in the money markets while discussions with the...
Senate approved Rs. 170 bn mini budget with reservations
A Senate panel approved the Rs. 170 billion mini budget on Thursday by a vote of...
Rs. 170 bn taxes in mini budget will hike more inflation
Ishaq Dar, the finance minister, formally unveiled a Rs. 170 billion mini budget on Wednesday. It...
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