Pakistan News

    Pakistan Kashmir Economy

  • 'You are losing Kashmir,' former Jammu and Kashmir CM warns India

    Former Jammu and Kashmir chief minister and National Conference chief Farooq Abdullah on Tuesday called on India to 'wake up', and warned New Delhi that: "You are losing Kashmir...

    "In a stinging interview with IndiaToday, Abdullah, who is contesting by-polls in Srinagar, urged India and Pakistan to hold talks to beat the threat of terrorism...

  • Pakistan’s economy to grow 5.1pc in 2015: ESCAP

    ISLAMABAD: The United Nations latest report on the economic outlook for Asia and the Pacific has feared that Pakistan’s economy will still be constrained by macroeconomic imbalances despite expected economic growth in the coming years...

    Nevertheless, the ESCAP survey noted that the country’s economy expanded by 4...

  • Poor’s gives thumbs-up to Pakistan economy

    WASHINGTON/NEW YORK: Standard and Poor’s, one of the world’s big three credit-rating agencies, on Tuesday revised Pakistan’s average real GDP growth projection for 2015-17 to 4...

    “Pakistan has made significant progress in stabilising its economic, fiscal, and external performance...

  • Pakistan, WB sign $500m credit agreement for growth of economy

    WASHINGTON: Pakistan and the World Bank signed the $500 million Second Fiscally Sustainable and Inclusive Growth DPC (Development Policy Credit) to support Pakistan's efforts to reinvigorate growth and stabilise the economy...

    Pakistan's Ambassador to the United States Jalil Abbas Jilani and World Bank Vice President for the South Asian Region Annette Dixon signed the accord in Washington, reported Radio Pakistan...

  • Pakistan economy will continue to pick up: ADB

    ISLAMABAD: Pakistan’s economy will continue to pick up during the current fiscal year as reform and stabilisation measures provide lift, with higher foreign exchange reserves, and softer inflation and oil prices also supporting the overall macroeconomic outlook, the Asian Development Bank (ADB) said in its annual economic report released on Wednesday...

    8pc for fiscal year 2016-17, assuming continued macroeconomic stability, expected...

  • Will Pakistan's economy survive the maturity of $50bn in debt this year?

    Update: Feb 16, 2016 – In the Bloomberg report, calculations of Pakistan's total foreign debt ($120bn) and total budget for 2015-16 ($13tr) are incorrect due to which their assertions are questionable...

    Despite improvement in the country's security situation and the economy growing at an eight-year high, Pakistan risks default as 42 percent of its foreign debt, around $50 billion, is due in 2016, reports Bloomberg...

  • Pakistan an emerging market economy: IMF

    WASHINGTON: In its latest World Economic Outlook report, the International Monetary Fund has included Pakistan in emerging market economies...

    An emerging market economy is the one that is progressing toward a more advanced stage, usually by means of rapid growth and industrialization...

  • Pakistan’s political economy

    What explains this lacklustre performance of the economy, even though there are some positive fundamentals that should be able to accelerate economic growth?After all, we have a massively sized young population of more than 100 million, which should provide a huge market for consumer goods as well as a large labour force that could be productively employed, representing what is generally referred to as the ‘demographic dividend’...

    ...

  • Global survey paints gloomy picture of Pakistan economy

    LAHORE: Economic conditions remain uncertain in Pakistan despite businesses benefiting from a series of aggressive rate cuts since the late 2014, says the latest Global Economic Conditions Survey (GECS) 2016...

    “In Pakistan, economic sentiment is being hurt by ongoing security problems, with business confidence in Q1 remaining low compared with most of last year and compared with its sub-continent neighbours,” says the GECS from the...

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