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WB hails Pakistan for economic recovery, policy reforms

World Bank revises Pakistan’s growth rate upward

ISLAMABAD, Jan 11 (APP): World Bank has revised Pakistan's growth rate upward to 5.2 percent for fiscal year 2017 and 5.5 percent for 2018. The bank previously estimated growth in Gross Domestic Product …

Iranian envoy calls for increased Pak-Iran trade

RAWALPINDI, Jan 11 (APP): Iranian Ambassador Mehdi Honardoost said tremendous opportunities were available to improve trade relations between Pakistan and Iran. The Ambassador said this while visiting Rawalpindi Chamber of Commerce …

Foreign exchange rates

KARACHI, Jan 11 (APP): The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Wednesday. LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS …

Dar reviews technological initiatives in banking sector

ISLAMABAD, Jan 11 (APP): Finance Minister Senator Mohammad Ishaq Dar Wednesday reviewed the new technological trends and reforms initiatives in banking and financial sectors. During a meeting, Governor State Bank (SBP), …

Dar for expediting implementation of business reforms

ISLAMABAD, Jan 10 (APP): Minister for Finance, Senator Mohammad Ishaq Dar on Tuesday directed to concerned authorities to expedite implementation of business reforms and ensure effective coordination with all concerned government agencies. …

ADB approves flood assistance package for Pakistan

ADB operations reach a record $31.5 bln in 2016

ISLAMABAD, Jan 10 (APP): The Asian Development Bank (ADB) operations for Asia and the Pacific reached an all-time high of $31.5 billion in 2016, a 17% increase from $26.9 billion …