December 28, 2019 | The Biz Update

International

China gifts 200 sets of ‘King Gesar’ to Pakistan as token of historical bonds

The Biz Update5 years ago06 mins

Beijing, December 28, 2019: China’s Sichuan Publishing Group presented 200 sets of King Gesar, an epic story of the East, to Pakistan as a token of the deep-rooted historical cultural ties between the two countries at a ceremony held at Tsinghua University. Pakistan Ambassador to China, Naghmana A. Hashmi, chief guest of the event said…

Economy

Pakistan’s debt falls by 3.3pc of GDP: IMF

The Biz Update5 years ago06 mins

Islamabad, December 28, 2019: Pakistan’s general government debt (including guarantees & IMF borrowing) during the first quarter of current fiscal year, showed significant decline as it fell to 84.7 percent of Gross Domestic Product (GDP), however by the end of previous year, the country’s debt had risen to 88 percent of GDP. A recently published…