Wednesday, January 20, 2021

IMF

Are Trump and IK becoming the best friends?

Are Trump and IK becoming the best friends? The answer is yes. Trump means business and Imran Khan IK wants peace. Trump wants to stop US spending over Afghan war, but don’t want to loose control over Afghanistan. While...

Interest rate hike to bring a new wave of inflation: Mian Zahid

Former provincial minister Mian Zahid Hussain said the Interest rate hike to bring a new wave of inflation, country is in grip of uncertainty and fears after the annual budget which is taking a toll on the weak economy. President...

Pakistan tops in discount rate among Asian countries

State Bank of Pakistan SBP in its meeting on Tuesday raised the discount rate by 100 bps to 13.25 percent with effect from 17th July 2019. The decision takes into account upside inflationary pressures from exchange rate depreciation since the...

Corruption in every form is detrimental for the country : 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 the government is taking serious steps to eradicate corruption....

IMF conditions have fueled instability: 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 the IMF conditions were supposed to stabilize the...

IMF approves $ 6 billion for 39-month EFF arrangement for Pakistan

IMF has approved $ 6 billion 39-Month Extended Fund Facility Arrangement for Pakistan. IMF after approval will immediately release 1 billion dollars. The EFF program will help Pakistan to reduce economic vulnerabilities and generate sustainable and balanced growth focusing...

David Lipton appointed as IMF interim managing director

David Lipton, a US economist is appointed as the International Monetary Fund's (IMF) temporary leader, replacing Christine Lagarde, nominated to head the European Central Bank (ECB). "We accept the decision Christine Lagarde to temporarily release his post at the IMF,...

Central banks abandon rupee despite promises: 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 on Friday said that the central bank has left the...

PM Imran Khan opted for difficult but achievable tax targets: 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 lauded the annual budget terming it visionary and reflective of...

Pakistan FY20 Budget Preview – A Bitter Pill

The incumbent government is set to build a strategy to navigate through complicated times where the FY20 Budget will address tough economic conditions to revive economic growth (i.e. restrict the twin deficits and target stringent revenue goals via increase...
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Latest News

Trump using presidential pardon to save potential allies

The renowned newspaper, USA Today, saw that President Donald Trump is using his power to save allies from legal...
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Biden’s inauguration ceremony: Security on high alert in the American capital

The American capital has been in a state of security alert and tightening precautionary measures, with the approaching hour of the officially elected president...

Azerbaijan to start vaccinating citizens from next Monday

The doses of the Chinese anti-corona virus vaccine will be transported first to Turkey, where they will be examined and packed, before arriving in...

As You Likee: Express more, Create more with Likee’s In-App Features

The online short videos platform is rapidly becoming the content production application of choice for hundreds of thousands of Pakistanis to showcase their creativity,...

Adam Schiff: Donald Trump must be removed

Adam Schiff, Chairman of the Intelligence Committee in the US House of Representatives, affirmed that they continue to defend the democracy of the United...