Tuesday, July 27, 2021

CAD

Mian Zahid: Loans from IMF, friendly countries aided economy withstand shocks

Former minister Mian Zahid Hussian said that the Loans from IMF, friendly countries helped economy withstand shocks. President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI...

Pakistan Economic Survey FY19, Key Highlights

Provisional GDP growth rate clocks in at 3.3%, a 9 year low Pakistan's economy is now worth USD 257bn (PKR 38,559bn). Key growth sectors: Services 4.7%, Industrial 1.4% and Agriculture 0.9%. Major crops witnessed a decline of 6.6%. ...

AKD: Rupee had attained equilibrium, Stock market is quite attractive at this point of time

Aqeel Karim Dhedhi says that the rupee had attained equilibrium, "I am confident that the currency will not devalue anymore." Taking to World News Observer, AKD said there was hardly any chance of interest rate going up any further. However, he...

Pakistan: CAD declined by 72% YoY in Feb’19

Current Account Deficit (CAD) during Feb’19 displayed a drop of 72% YoY / 59% MoM to USD 356mn. Major reason for this compression in CAD was 27% YoY / 23% MoM reduction in trade deficit on goods along with...

Pakistan’s CAD narrowed 48% to $809 million

Current Account Deficit (CAD) of Pakistan witnessed a decline of 48 percent  MoM to $ 809 million during January 19, as compared to $1544 million in December 18. During Seven months of Fiscal year 19, the deficit has increased by...

Pakistan’s CAD shrinks by 4.43pc in 1HFY19

Pakistan’s current account deficit (CAD) has reduced by 4.43 percent in first half of current fiscal year (1HCFY19) due to increase in regulatory duties on imports and worker’s remittances.   CAD shortfall was at $7.983 billion during July to December of...

Instant refunds required to fuel exports, FM statement on EoBD appreciative: Mian Zahid

President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain said that Moody’s in its recent report determined Pakistan’s external...
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I wish Pence had the courage to reject the election result: Donald Trump

Former US President Donald Trump has targeted his former vice president, Mike Pence, for not having "the courage to...
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