Monday, December 6, 2021

Imports

IMF: American companies paying tariffs imposed on Chinese imports

WASHINGTON (Reuters) - US companies are paying nearly all the cost of tariffs imposed by US President Donald Trump on Chinese imports, according to a report by the Russian news agency RIA today. "Some of these drawings found their way...

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...

US-China trade conflict effects

US-Chinese has been weighing on the stock markets since they entered a hotter phase last year. Mutual sanctions give rise to fears for trade between the two major economies, and thus for the growth of the global economy. Because...

Govt will acquire IMF package if its good for the country, says Asad Umar

Pakistan’s Finance minister Asad Umar has said that the government if gets good package from International Monetary Fund (IMF) so we will acquire the package or otherwise Pakistan is not in hurry. Talking to the anchorpersons, Asad Umar said that...

Pakistan’s trade deficit shrinks 5% to $17.7 bln during 1HFY

The trade deficit of Pakistan narrowed by 5 percent to $17.7 billion during first half of the fiscal year due to the measures of regulatory duties on imports and various steps were taken to boost the exports. Ministry of Statistics...
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Latest News

Pakistan to introduce national Artificial Intelligence Policy soon

Cyber security is the first important pillar of digital policy 2021 of IT Ministry. Digital transformation of Pakistan corresponds...
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