Economy
Pak-Qatar Takaful holds Town Halls for 2019
Karachi, 29th January, 2019: Pak-Qatar Takaful group held its Town Hall events featuring, Mr. Said Gul, member board of directors, to align the strategic Business Growth plans for Pak-Qatar Takaful for the year 2019 and beyond. Speaking on the occasion, Mr. Said Gul said: “I would like to congratulate my team for the hard work and efforts…
Economic news of last week
KARACI, January 20, 2019: Following are some important economic news of the last week: The government found another reason to sigh with relief as the crucial current account deficit (CAD) slipped slightly by 4.4% to $7.98 billion, driven by a fourth quarter decline of 10%, according to data released by the State Bank of Pakistan…
Pakistan’s economic confidence falls despite strong economic sentiment overall in South Asia
KARACHI, January 17, 2019: The latest edition of Global Economic Conditions Survey (GECS) from ACCA (the Association of Chartered Certified Accountants) and IMA (Institute of Management Accountants) finds Pakistan’s economic confidence fell sharply in the final quarter of 2018. The global poll of 3,800 accountants found Pakistan’s economy to be amongst the lowest in the South Asia region as it continues to…
PTI Govt. manage to generate $12 billion for balance of payment support without IMF borrowing
Karachi, January 12, 2019: The Pakistan Tehrik e Insaf (PTI) government has successfully managed to generate over $12 billion for the allying Pakistan economy without borrowing from IMF. Pakistan for the last six months is facing downfall in its foreign exchange reserves due to continued external debt payment and higher import bill. Pakistan total foreign exchange…
Imran khan promised full support to foreign investors
Karachi, December 9, 2018: The Prime Minister Imran Khan promised full support to foreign investors in addressing their issues and also shared salient points of the government’s economic recovery strategy and promised to unveil in the coming weeks a proper economic reform agenda showing a clear road map for taking the country out of the…