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Tag: economic activites

The World Bank released its latest Economic Prospects report, detailing Pakistan's economy gradually recovering but amidst huge challenges.
Pakistan
  • Web Desk
  • Jan 17, 2025
World Bank report paints a cautious picture of Pakistan’s economy

The report detailed persistent issues such as high unemployment, ongoing inflationary challenges and the urgent need for structural reforms.

The US Federal Reserve announced a 0.5 per cent cut in interest rates, adjusting the target range to between 5 per cent to 5.5 per cent.
Business
  • Web Desk
  • Sep 19, 2024
US Federal Reserve cuts interest rates

The move is part of a broader strategy that has seen a total reduction of 4.7 per cent in interest rates over the fast four years.

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