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PM praises Pakistani diaspora for playing their part in supporting economy

Posted by - April 29, 2021

Prime Minister (PM) Imran Khan on Thursday praised Pakistani diaspora for playing their part in supporting Pakistan’s economy over the years. According to the details, Imran Khan was addressing overseas Pakistanis in connection with Roshan Digital Account reaching a milestone of one billion dollars. He also congratulated Governor State Bank of Pakistan Reza Baqir over

ADB projects two percent growth in the economy of Pakistan

Posted by - April 28, 2021

The Asian Development Bank (ADB) in its new report has projected 2 percent Gross domestic product (GDP) growth for Pakistan in the year 2021. According to the details, the Manila based financial institution released Asian Development Outlook (ADO) 2021 in which it has projected 2 percent Gross domestic product (GDP) growth for Pakistan in current

Pakistan’s elite eats up $17.4bn of economy in perks – UNDP report

Posted by - April 15, 2021

The elite groups present in Pakistan are enjoying an estimated PKR17.4 billion in economic privileges, which is 6 per cent of the country’s economy, according to a recent United Nations report, which included the corporate sector, feudal landlords, political class and the country’s powerful military. Released last week, the UN Development Programme’s (UNDP) National Human

China becomes first major economy to launch digital currency

Posted by - April 11, 2021

Web Desk On Apr 11, 2021 Last updated Apr 11, 2021 The Chinese government has begun to issue blockchain-powered digital currency to its citizens, according to a report by The Wall Street Journal. The Wall Street Journal reports that 750,000 recipients have been determined by a lottery system and can already spend their digital Yuan

IMF sees global economy improving despite uncertainties

Posted by - March 31, 2021

Economic growth led by the United States and China is accelerating, amplifying the risks of an uneven global recovery, the head of the IMF said Tuesday. “In January we projected global growth at 5.5 percent in 2021,” said IMF Chief Kristalina Georgieva in an address ahead of the body’s annual spring meeting cohosted with the

Technological education to be promoted for knowledge-based economy

Posted by - March 19, 2021

Prime Minister Imran Khan announced that technical and technological education will be promoted to guide the country towards a knowledge-based economy. He was addressing a ceremony at Malakand University on Friday (today). During his speech, he emphasized that education is a must to uplift society. He also announced that special programs are also being launched

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