KARACHI: Pakistan’s current account balance crossed $13 billion during the first nine months (July-March) 2021/22, owing to a huge outflow of dollars in the shape of import payments and external debt repayments. According to the balance of payments data released by the State Bank of Pakistan (SBP) on Saturday, the current account deficit for July-March … Read more
KARACHI: Since the start of FY21, Pakistan’s economy has started recovering, but the boom in the international commodity prices after the opening up of global economies, amid ample liquidity, brought the country’s external account under pressure. “The economy is now on the path of stabilisation due to painful yet necessary policy measures undertaken by the … Read more
In Pakistan’s over-crowded political arena, a new party is being launched with the lofty slogan of empowering the common man and bringing him in the corridors of power. The Pakistan Aam Admi Movement (PAAM) is the brainchild of former military officer, major general (retired), Muhammad Saad Khattak, who served on a number of senior positions … Read more
T he Election Commission of Pakistan’s (ECP) Scrutiny Committee Report on Foreign Funding has vindicated our stance that Prime Minister Imran Khan is a stooge of the world powers. The people of Pakistan should be told how people and organizations from the East and West funded the PTI and what objectives they achieved. The national … Read more
ISLAMABAD: Prime Minister Imran Khan has said that Pakistan’s macroeconomic indicators are stable and expressed confidence that by the end of the fiscal year, the economy will grow at a higher rate, compared with the previous year. He expressed these views, while chairing a meeting of the Macro Economic Advisory Group. Imran Khan said the … Read more
KARACHI: Pakistan’s external debt and liabilities have increased $13 billion, or 11.4 per cent, during the last one year, according to the statistics released by the State Bank of Pakistan (SBP) on Thursday. The outstanding debt and liabilities of the country stood at $127 billion by September 2021, compared with $114 billion over the same … Read more
