ISLAMABAD: Prime Minister Imran Khan said on Saturday that his economic team has changed the national economy over a period of one year, especially in reference to a sharp decrease in the current account deficit and an increase in investments. The prime minister of a series of tweets shared some data charts showing the performance […]
MULTAN: Foreign Minister Shah Mehmood Qureshi announced that former Indian Prime Minister Manmohan Singh accepted his invitation to attend the inauguration ceremony of the Kartarpur corridor, scheduled for November 9, although as a common man and not As a special guest. "He is welcome even as a common participant," the Foreign Minister said while speaking
This photo provided by NASA shows astronauts Andrew Morgan (center), Christina Koch and Jessica Meir inside the International Space Station. WASHINGTON: American astronauts Christina Koch and Jessica Meir became the first couple of women to take a spacewalk on Friday, a historic milestone as NASA prepares to send the first woman to the Moon. The
ISLAMABAD: While offering a four-month lifeline, the Financial Action Task Force (FATF) has strongly urged Pakistan to quickly complete its complete action plan by February 2020 and until then the country will remain on the "gray list." The Paris-based FATF reviewed the measures taken and the progress made by almost 15 countries, including Pakistan, against
KARACHI: Foreign private investment increased by 51 percent to $ 564.8 million in the first quarter of this fiscal year, compared to $ 374 million in the same period of 2018. Meanwhile, foreign direct investment (FDI) fell 3.1pc to $ 542.1 million during July-September, compared to $ 559.4 million in the same quarter last year.
WASHINGTON: The International Monetary Fund (IMF) on Wednesday projected that Pakistan's primary deficit will become positive, one percent of GDP in fiscal year 21, of a negative 0.5{7be40b84a6a43fc4fae13304fce9a2695859798abfc41afd127b9f8b21c5f9c5} in fiscal year 20, but said it is likely that the debt levels of the country remain high above 65.4{7be40b84a6a43fc4fae13304fce9a2695859798abfc41afd127b9f8b21c5f9c5} until fiscal year 24 despite the continued
ISLAMABAD: Pakistan is ready to take the next stage of development in hopes of increasing the list of easy-to-do businesses by 20 to 30 notches, said US Ambassador Asad Majeed Khan. In an interview with David Bloom of The Forbes In the magazine, he said that Pakistan is driving its IT sector to US companies
ISLAMABAD: The Financial Action Task Force (FATF) decided in principle that Pakistan will remain on its gray list until next February and ordered Islamabad to take "additional measures" for the "complete" elimination of terrorism financing and money laundering. A FATF meeting in Paris on Tuesday reviewed the measures that Islamabad has already taken to control
WASHINGTON: The International Monetary Fund (IMF) on Monday estimated that Pakistan's economy would slow down to 2.4 percent in 2020 and recover quickly after that, as stabilization measures work. At a press conference at the launch of the 2019 World Economy Outlook, IMF economist Gian Maria Milesi-Ferrtti said the Pakistani authorities stood firm on the
WASHINGTON: US and Taliban officials have resumed discussions to revive the peace process that was derailed last month after approaching an agreement, US media reported Monday. The talks "touched on confidence-building measures that could include a possible exchange of prisoners or a reduction in violence." The Wall Street Journal reported. A recent New York Times
