Economy
The World Bank has updated its forecast for Pakistan’s GDP growth in the fiscal year 2024-25, raising it to 2.8%, up from the 2.3%...
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The World Bank has updated its forecast for Pakistan’s GDP growth in the fiscal year 2024-25, raising it to 2.8%, up from the 2.3%...
Global Remittance Rankings India has reached a historic milestone in 2024, receiving $129.1 billion in remittances, marking the highest-ever remittance inflow for any country...
The government is advancing plans to privatize three major power distribution companies (DISCOs): Islamabad Electric Supply Company (IESCO), Gujranwala Electric Power Company (GEPCO), and...
The World Bank has issued a new report outlining Pakistan’s economic prospects, painting a challenging picture ahead characterized by high inflation and modest growth....
ISLAMABAD: The World Bank predicted Pakistan’s economic growth to slow further to 2% during the current year. The new forecast of the World Bank...
For the fiscal year 2022–2023, the World Bank forecasted a growth rate of 2% for Pakistan, which is a 2% decrease from its earlier...
Inflation is projected to edge up in FY22 with the domestic electricity tariff hikes announced in October 2021, and higher oil and commodity prices...
Many studies indicate that remittances tend to increase when receiving households experience disasters or recessions.
