Pakistan News Service
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Debt cannot become acceptable new normal in climate financing: …
16 hours ago · 13 Nov 2024. BAKU: Prime Minister Shehbaz Sharif on Tuesday said that debt cannot become the “acceptable new normal” in climate financing, as he addressed the challenges faced by developing countries within the global climate finance framework. “We stand at a crucial threshold where global climate finance framework must be redefined to ...
IMF forecast Pakistan’s economic growth rate at four per cent
Nov 4, 2024 · The WEO said the rate of unemployment in Pakistan was estimated to come in at 7pc this year against 7.4pc last year and go further down to 6.7pc next year. It projected global growth to slow down from an estimated 6.1pc in 2021 to 3.6pc in 2022 and 2023. This is 0.8 and 0.2 percentage points lower for 2022 and 2023 than its January estimates.
US-Pakistan defence dialogue begins in Washington - PakTribune
Nov 4, 2024 · 13 Feb 2023. WASHINGTON: The second round of US-Pakistan mid-level defence dialogue begins in Washington on Monday (today) to consider various options for strengthening ties between the two establishments. The Pakistani team, headed by the Chief of General Staff (CGS), Lt Gen Mohammed Saeed, reached the US capital on Sunday afternoon.
WB projected Pakistan economy to grow by two per cent
Nov 4, 2024 · 07 Jun 2023. ISLAMABAD: The World Bank has projected Pakistan’s economy to grow by two per cent in the next fiscal year, compared to the 3.5pc target set by the National Economic Council on Tuesday. “In Pakistan, the lasting effects of the August 2022 floods, along with policy uncertainty and limited foreign exchange resources to pay for ...
Punjab province 16-point Action Plan to combat smog
2 days ago · ISLAMABAD: The Punjab province has thought of a ‘16-point Action Plan’ to combat smog, including fitness regimes for all public and private vehicles, replacement of 20-year-old vehicles, continuous air pollution monitoring inspection and enforcement of law against violations in 36 districts/cities. There is also a need to implement an ...
Size and growth rate of Pakistan’s economy increased
Nov 4, 2024 · ISLAMABAD: The size and growth rate of Pakistan’s economy increased significantly during 2020-21, making it the second-highest economic growth recorded in the last three years of the government. As a result of the rebasing exercise, the growth rate improved from the earlier estimate of 3.94pc to 5.4pc, while the size of the economy rose to ...
IMF meeting for Pakistan bailout package - PakTribune
2 days ago · WASHINGTON: The executive board of the International Monetary Fund (IMF) meets on Monday (today) to consider a bailout package for Pakistan as Islamabad claims tying up at least $37 billion in loans and investments. If the board approves the deal, the IMF will immediately disburse about $1.2 billion to Pakistan and may provide up to $4 billion ...
US Pakistan to rebuild modest but pragmatic relationship: US report
Nov 4, 2024 · WASHINGTON: The United States and Pakistan need to rebuild a modest but pragmatic relationship, based on mutual respect for each other’s interests, and not on exaggerated expectations, says a report released on Tuesday.
Pakistan US to hold talks next month: Bilawal Bhutto
5 days ago · 04 Feb 2023. WASHINGTON: Pakistan and the United States will hold talks next month to explore possibilities of coordinating their efforts to combat terrorism, Foreign Minister Bilawal Bhutto-Zardari said on Friday. During his one-day stay in Washington to attend the annual prayer breakfast, the foreign minister had a separate meeting with US ...