07

Oct

Centre, provinces sign landmark fiscal pact under IMF condition

By Mehtab Haider Published in The News on October 05, 2024 ISLAMABAD: In a bid to comply with the IMF conditions under the $7 billion Extended Fund Facility (EFF), the federal government and the provinces have struck a National Fiscal Pact for extending cooperation on a 19-point agenda, including discontinuation of support and procurement prices of commodities […]

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02

Oct

Raising Pakistani living standards and economic resilience

By Esther Perez Ruiz Published in The News on October 02, 2024 DESPITE a challenging external environment and the devastating floods of 2022, Pakistan has managed to restore economic and financial stability over the past year. Since the launch of the Stand-By Arrangement in July 2023, confidence in policymaking has improved, inflation has reached its lowest level[…]

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01

Oct

Pakistan’s GDP grew at underwhelming 2.52pc last fiscal

By Mehtab Haider Published in The News on October 01, 2024 ISLAMABAD: Pakistan’s GDP growth figure has slightly witnessed an upward revision (0.14 percent) in revised figures of the last fiscal year and stood at 2.52 percent against earlier provisional growth rate figures of 2.38 percent for 2023-24. The fiscal year for 2023-24 ended on June 30,[…]

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