Tag Archives: ADB

The Government of Pakistan joined a United Nations public advocacy campaign ‘Only Together’ which calls for covid vaccination to be obtainable to everyone and everywhere to contain the deadly pandemic. No doubt, it is pivotal to control the pandemic for …

Statistics show that during July-December of fiscal year 2020-21, Pakistan has received $5.7 billion in external loans from multiple financing sources. Total inflows were 46 percent of the annual budget estimate of $12.2 billion for the ongoing fiscal year. In …

The studies revealed that a modernised and well-functioning road network with an integrated transport system ensures regional and global economic connectivity and integration. It reduces business costs for improving export competitiveness and trade to uplift socioeconomic growth along with offering …

Still in Pakistan, Pakistan Railways offers a significant mode of transportation in the farthest corners of the country and brings them closer for business, sightseeing, pilgrimage and education. It is said that Pakistan Railways has been a great integrating force …

The outbreak of pandemic COVID-19 in 2020 was not only unexpected but also a surprise for the world. The COVID-19 has deep long-lasting impact on every sphere of life extending from social to cultural and economic spheres. As this is …

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 …

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. …

International experts identified that through economic policymakers the foreign exchange reserves are viewed as ‘money in the bank’ – the more, the better. Reserves are a basic pillar of the macroeconomic toolkit. The experts showed that in countries that implement fixed or …

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 …

“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 …

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 …

The Asian Development Bank (ADB), in its latest report, has projected the economic growth rate of Pakistan at 2.8%; which is the lowest in South Asia. Whereas the inflation rate would be 12%; which is highest in the block of …