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Business

Web Desk
Jul 02, 2024

Govt’s debt increases by over Rs74 billion in one week

During the week ending June 21, 2024, Pakistan’s government accumulated an additional debt of Rs74.2 billion.

Business

Web Desk
Dec 28, 2023

Jul-Oct 23: revenues surge, deficit shrinks; but there’s a catch

Pakistan’s current economic model is not working since it has fallen behind its peers, said World Bank Country Director Najy Benhassine.

Business

Web Desk
Dec 20, 2023

Private sector loans show modest rise in November

The total volume of loans provided to the private sector during the month reached Rs 8,191 billion, marking a 1.1 percent increase from the October figure of Rs 8,100 billion.

Business

Web Desk
Nov 08, 2023

China Is lending billions to countries in financial trouble

Reza Baqir, a former IMF official who became the governor of Pakistan’s central bank until 2022, said at the forum in Guangzhou that China’s financial rescues should not be seen as competition for the IMF.