21

Oct

Poverty rate to stay near 40pc until 2026: WB

By Amin Ahmed Published in Dawn on October 20, 2024 ISLAMABAD: Poverty reduction in the country is expected to gradually resume as the nation makes progress on reforms and macroeconomic stability, according to a new report from the World Bank. The “Macro Poverty Outlook for Pakistan”, released by the World Bank on Friday, says limited growth in […]

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10

Oct

Remittances swell 29% year-on-year in Sept amid exchange rate stability

Published in The News on October 09, 2024 Remittances sent home by overseas workers jumped 29% year-on-year (YoY) to $2.849 billion in September from $2.208 billion in the same month last year, latest numbers released by the State Bank of Pakistan (SBP) showed on Wednesday, which anlysts attributed to exchange rate stability. On a month-on-month basis, inflows[…]

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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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