(Web Desk) – The United States, China, Japan, and Germany account for more than half of the world’s economic production in terms of gross domestic product, with the US GDP alone exceeding the combined GDP of 170 countries (GDP). Pakistan is also one of the world’s top 50 donors toRead More →
ISLAMABAD , (A News) – Mobile phone tariffs have risen two days after the Pakistan Tehreek-e-Insaf (PTI) administration proposed Finance (Supplementary) Bill 2021 in the National Assembly. Finance Minister Shaukat Tareen submitted the Finance Amendment Bill in the National Assembly on Thursday under pressure from the International Monetary Fund (IMF).Read More →
SLAMABAD – In response to the International Monetary Fund’s (IMF) stringent requirements, Prime Minister Imran Khan has called a meeting of the federal cabinet on Thursday (tomorrow) to finalise the mini-budget. Tomorrow at 12 p.m., Prime Minister Imran Khan will preside over a meeting to adopt the Finance (Supplemental) BillRead More →
LONDON (AFP) – European stocks fell sharply in early trading on Monday, following widespread losses as countries sought to contain the spread of the Omicron coronavirus type. In early trading, London’s benchmark FTSE 100 index fell 1.9 percent to 7,133.15 points, compared to Friday’s close. In the eurozone, the CACRead More →
STANBUL, Turkey (AFP) – The struggling Turkish lira fell another 5% versus the dollar on Monday as President Recep Tayyip Erdogan used Islamic principles to justify not hiking interest rates to stabilise the currency. Despite the fact that the annual rate of inflation has risen to more than 20%, ErdoganRead More →
WASHINGTON: On Saturday, the World Bank’s Board of Executive Directors authorised $195 million in funding to assist Pakistan in strengthening power distribution and implementing energy sector reforms to improve customer service quality. The Electricity Distribution Efficiency Improvement Project (EDEIP), according to a statement issued by the international financial institution, willRead More →
ISLAMABAD, Pakistan – The federal government announced on Wednesday that prices for petroleum products will be reduced in the second half of December. The price of petrol has been reduced by Rs 5 to Rs140.82 per litre, while the price of High Speed Diesel (HSD) has been reduced by RsRead More →
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