09

Oct

Give-and-take parleys with IMF under way

By Khaleeq Kiani Published in DAWN on October 09, 2021 ISLAMABAD: Pakistan and the International Monetary Fund (IMF) are still trying ‘give and take’ on raising taxes and electricity tariff at the last leg of technical-level discussions to put $6bn Extended Fund Facility (EFF) back on track. Informed sources said the virtual talks between the two sides […]

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09

Oct

Pakistan gets record $8bn remittances in July-Sept

By Shahid Iqbal Published in DAWN on October 09, 2021 KARACHI: Overseas Pakistanis sent the highest-ever $8 billion remittances during the first quarter of the current fiscal year, registering a growth of 12.5 per cent over the same period last year. The State Bank of Pakistan (SBP) on Friday reported that with inflows of $2.7bn in September,[…]

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08

Oct

Pakistan’s growth expected to ease to 3.4pc: WB

By Khaleeq Kiani Published in DAWN on October 08, 2021 ISLAMABAD: Highlighting certain downside risks, the World Bank on Thursday said Pakistan’s economic growth rate slightly came down to 3.4 per cent during the current fiscal year against 3.9pc of last fiscal year. However, it pointed out, the growth rate can hit the 4pc mark in the[…]

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