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Tag Archives: ADB

Significant amount of remittances in July

Significant amount of remittances in July

International experts revealed that falling remittances may affect sovereign ratings by external finances and economic growth. Remittances are a key source of foreign currency receipts. As a consequence, lower remittances would most likely widen current account deficits, contributing to higher …

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Review of Pakistan’s foreign loans

Review of Pakistan’s foreign loans

The present government of Pakistan statistics showed that, took over $13 billion in foreign loans in the previous fiscal year — the second highest amount in history — to repay maturing external debt and cushion the shrinking foreign exchange reserves. …

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COVID-19 spread deepening economic fear

COVID-19 spread deepening economic fear

The governments and central banks world over readied more emergency measures to tackle the economic impact after spreading coronavirus on Friday, helping financial markets pare some of their steep losses, while more major events were canceled or postponed. US president even declared …

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CPEC: A dream come true or an allegory

CPEC: A dream come true or an allegory

“With faith, discipline and selfless devotion to duty, there is nothing worthwhile that you cannot achieve”.– (Quaid-e-Azam). Pakistan is sharing its borders with India, Afghanistan, Iran, and China but more closely relationships and true friend is China who always aided Pakistan …

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Review of economic survey

Review of economic survey

The Analysis of Economic Survey of Pakistan FY2019 analyzed that the macroeconomic stability is a fundamental pre-requisite for sustained economic growth. Pakistan’s economy has experienced frequent boom and bust cycles. Typically, each cycle comprised of 3-4 years of relatively higher …

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