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Tag Archives: Economy

Government Initiative

Government Initiative

Imran Khan says ‘red-tape’ chokes development of projects In Pakistan, Prime Minister Imran Khan said that development projects he introduced have been hampered because of the ‘red-tape’ culture. With an obvious reference to Pakistan’s entrenched bureaucracy, Imran said that red-tapism …

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Asian Economy: Overview, Growth & Development

Asian Economy: Overview, Growth & Development

‘Philippine economy to shrink 8pc in 2020 The Philippine economy is projected to contract by 8 percent this year as a prolonged community quarantine and inadequate fiscal support would likely delay its recovery. In a report on Thursday, London-based research …

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Kibor Rates

Kibor Rate

Kibor rate is the average interest rate at which term deposits are offered between prime banks in the Pakistani wholesale money market or interbank market. KIBOR as a benchmark, to encourage transparency  and improve management of the market risk undertaken …

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The Biggest Economies in the World

Infographics

Looking at global GDP at constant 2017 prices, but adjusted for purchasing power/cost of living, China was the biggest economy in the world in 2019, with an adjusted GDP of more than $22.5 trillion, according to the World Bank. While the Chinese economy …

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Government Initiative

Government Initiative

Imran Khan inaugurates first ventilator manufacturing facility Pakistan Prime Minister Imran Khan inaugurated the production facility of the first indigenously developed ventilators in Pakistan at the National Radio & Telecommunication Corporation (NRTC) in Haripur. The Prime Minster was given a …

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Asian Economy: Overview, Growth & Development

Asian Economy: Overview, Growth & Development

Keeping Indonesia’s economy afloat through the COVID-19 pandemic Indonesia faces one of the most difficult outlooks in Asia amid the economic pandemic unleashed by COVID-19. The principal economic problem is not the old one of capital flight, but about funding …

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Kibor Rates

Kibor Rate

Kibor rate is the average interest rate at which term deposits are offered between prime banks in the Pakistani wholesale money market or interbank market. KIBOR as a benchmark, to encourage transparency  and improve management of the market risk undertaken …

Read More »

How Covid-19 Has Impacted The Global Startup Scene

Infographics

Even though the global startup economy generates nearly $3 trillion in value, it is being severely impacted by the coronavirus pandemic. That’s according to the latest Global Startup Ecosystem Report from Startup Genome which claims that COVID-19 could prove a “mass extinction event” for …

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Budget 2020-21: a critical view

Budget 2020-21: a critical view

The budget proposals for 2020-2021, prepared by the Adviser on Finance and Revenue, Dr. Hafeez Shaikh — against the backdrop of potentially the biggest public health emergency and economic downturn in generations — and presented on the floor of the …

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