Friday, July 1, 2022
Tags Economy

Tag: economy

Hammad hopes inflation will fall this year

Energy Minister Hammad Azhar has reassured that the economic situation of Pakistan, though serious at present, is "somewhat better" than other countries of the...

Economy on right path, says Tarin

Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin on Friday admitted that the recent economic uncertainties were caused by external factors,...

Is Afghan economy on verge of collapse?

Afghanistan is encountering a cash crisis that has crippled the country’s frail economy, only a few weeks after the US troops left, Border restrictions,...

Oil prices in international market reaches highest in three years at $80-a-barrel

Oil prices in international market experienced a surge on Monday taking it up to a few cents short of $80 a barrel—its highest in...

Food import bill up 22pc in fiscal year’s first month

Pakistan’s food import bill grew by 22.24 per cent to $647.036 million in July compared to $529.311m of the first month of last financial...

Current account deficit soars to $773mn

Pakistan’s current account posts an uptick in deficit by $773 million in the first month of the current fiscal year 2021-22. According to the State...

Economy heading in the right direction: Shaukat Tarin

Federal Minister for Finance Shaukat Tarin on Friday said that Pakistan's economy was heading in the right direction. In a meeting with Governor Sindh, Imran...

US freezes nearly $9.5bn of Afghan reserves to block Taliban access to funds

According to US media reports, the Biden administration froze about $9.5 billion of the Afghan government's reserves in US banks on Sunday after the...

Foreign investors purchase securities worth Rs1.31bn in a week

Overseas investors purchased net securities worth Rs.1.31 billion during the week ended July 30, 2021, whereas last week, the accounts observed a net sale of...

Delta variant threatens to undermine Europe’s economic recovery: Economists

European consumers are proving more reluctant to spend money this summer, and it could hurt the economic recovery following the shock from Covid-19, experts...

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