Browsing Tag

#GDP

US Economic Growth Revised Up to 3.4% Annual Rate Last Quarter

DTD- Mar 29, 2024

Revised figure shows robust expansion despite inflation worries. WASHINGTON — The U.S. economy grew at a solid 3.4% annual pace from October through December, the government said Thursday in an upgrade from its previous estimate. The…

Finance Minister Aurangzeb Aims for Permanent Macroeconomic Stability

DTD- Mar 14, 2024

Pakistan Poised for IMF Review Amidst Finance Minister's Agenda for Economic Reform. Islamabad: In a recent interview with a private news channel, Finance Minister Muhammad Aurangzeb expressed his commitment to ensuring that Pakistan moves…

World

COP28 climate negotiations: Climate change already reducing global GDP

DTD- Nov 28, 2023

Climate change is already shaving billions off the world’s economy, with developing countries hardest hit, according to a new report published on Tuesday ahead of COP28 climate negotiations. The report by the University of Delaware…

Pakistan

Turkiye battling inflation and relying on rich allies for funding to keep economy afloat

DTD Feb 19, 2023

Istanbul: (Web Desk) Turkiye was already battling runaway inflation and relying on rich allies for funding to keep its economy afloat when a massive earthquake killed tens of thousands, razed entire cities and left millions needing urgent…

Pakistan

Pakistan and visiting IMF mission having trouble agreeing on fiscal adjustment measures

DTD Feb 7, 2023

Islamabad: (Web Desk) In negotiations to release crucial money required for the faltering South Asian economy, Pakistan and the visiting International Monetary Fund (IMF) mission are reportedly having trouble agreeing on fiscal adjustment…

Pakistan

Britain’s economy rebounded in October more strongly from September

DTD Dec 12, 2022

London/UK: (Web Desk) Britain’s economy rebounded in October a little more strongly than expected from September when output was affected by a one-off public holiday to mark the funeral of Queen Elizabeth, but a recession remained on the…

Pakistan

Saudi Arabia’s economy grew in 3rd quarter of this year

DTD Dec 11, 2022

Islamabad: (Web Desk) Saudi Arabia’s economy grew by 8.8% in the third quarter of 2022 compared to the same period a year earlier, mainly due to a sharp increase in oil-related activity, according to official estimates released today. Oil…