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    Pakistan reaches new $7 billion loan deal with IMF

    Pakistan reaches new $7 billion loan deal with IMF

    13 Jul 2024

    Pakistan has reached a staff-level agreement for a new $7 billion loan deal, the International Monetary Fund said Friday, the country's latest turn to the global lender for help...

    Tough call for Kenyans and for Ruto

    Tough call for Kenyans and for Ruto

    29 Jun 2024

    Kenyan President William Ruto seemed to have forgotten the simple lesson from history. People will not tolerate taxes on bread. When bread becomes scarce, or when bread becomes costly,...

    Pakistan’s central bank cuts key interest rates to boost economy

    Pakistan’s central bank cuts key interest rates to boost economy

    10 Jun 2024

    Pakistan’s central bank cut its key interest rate by 150 basis points on Monday in a widely-expected move, its first rate reduction in nearly four years as it strives to...

    Pakistan inflation down more than expected

    Pakistan inflation down more than expected

    03 Jun 2024

    Pakistan’s inflation pace eased for the fifth straight month as domestic food supplies improved, and fuel costs fell at a time when the central bank has kept interest rates at...

    Pakistan eyes 3.6% growth for next year, inflation to dip to 12%

    Pakistan eyes 3.6% growth for next year, inflation to dip to 12%

    01 Jun 2024

    Pakistan’s Planning Ministry said on Friday that the economic outlook for the next year was positive, with a growth target of 3.6%, while inflation was likely to moderate to 12%....

    Pakistan GDP grows 2.09% in Q3, supported by agriculture

    Pakistan GDP grows 2.09% in Q3, supported by agriculture

    21 May 2024

    Pakistan’s economy grew 2.09 per cent in the third quarter of the financial year 2023-2024, supported by higher growth in agriculture, the Pakistan Bureau of Statistics said on Tuesday. The...

    IMF expects UAE economy to grow by 4 per cent in 2024

    IMF expects UAE economy to grow by 4 per cent in 2024

    20 May 2024

    The International Monetary Fund (IMF) expects the real gross domestic product (GDP) of the UAE to grow by 4 per cent in 2024. In a statement today, following the conclusion...

    Pakistan inflation slows to 17.3% in April, lowest in nearly 2 years

    Pakistan inflation slows to 17.3% in April, lowest in nearly 2 years

    02 May 2024

    Pakistan’s consumer price inflation slowed to 17.3 per cent in April from a year earlier, data from the statistics office showed on Thursday, the lowest reading in nearly two years...

    Pakistan eyes new IMF loan by early July, says finance minister

    Pakistan eyes new IMF loan by early July, says finance minister

    23 Apr 2024

    Gulf Today Staff Reporter / Reuters Pakistan could secure a staff-level agreement on a new long-term larger loan with the International Monetary Fund by early July, its finance minister...

    IMF calls on EU to deepen single market integration for growth

    IMF calls on EU to deepen single market integration for growth

    20 Apr 2024

    Deeper integration of the European Union’s internal market could prove crucial for boosting lackluster economic growth and productivity levels in the 27-member trading bloc, a senior IMF official told AFP...

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