Tag: economic recovery

PBF expresses satisfaction over current economic situation

MULTAN, Apr 13 (APP): Pakistan Business Forum (PBF) has expressed satisfaction over the current economic situation of the country. In a media briefing after a meeting of the Executive Council of PBF, President PBF Khawaja Mehboobur Rahman, Chairman PBF South Punjab Malik Talat Sohail and Vice President Chaudhry Ahmad expressed that two years ago, there… Continue reading PBF expresses satisfaction over current economic situation

Pakistan, China agree to advance collaboration, emphasize CPEC monitization

ISLAMABAD, Mar 19 (APP): Pakistan and China here on Tuesday agreed to advance their collaboration in various sectors, including industrial zones, agriculture, mineral and mining, as well as renewable energy. According to press statement issued by finance ministry, Ambassador of China, Jiang Zaidong called on Minister for Finance & Revenue Mr. Muhammad Aurangzeb to discuss… Continue reading Pakistan, China agree to advance collaboration, emphasize CPEC monitization

Good prospects for Pakistan economic recovery: Cheng Xizhong

BEIJING, Nov 23 APP: A series of data released by authoritative international agencies and the Pakistani government show that now Pakistan’s economy is entering the period of fast recovery and development. This is the result of the Imran Khan administration’s wise and decisive lockdown strategy to contain COVID-19 and sound economic policies in the past… Continue reading Good prospects for Pakistan economic recovery: Cheng Xizhong

Economic recovery under threat amid surging coronavirus, lagging vaccination in poorer countries: UN

UNITED NATIONS, May 12 (APP):While the global growth outlook has improved, led by robust rebound in China and the United States, surging coronavirus infections and inadequate vaccination progress in many countries threaten a broad-based recovery of the world economy, according to the latest United Nations (UN) forecast. According to the World Economic Situation and Prospects… Continue reading Economic recovery under threat amid surging coronavirus, lagging vaccination in poorer countries: UN

Islamic social financing to support efforts to recover and rebuild from coronavirus pandemic

UNITED NATIONS, May 12 (APP):The United Nations (UN) and the Islamic Development Bank Tuesday launched an initiative to help economic recovery as the world continues to grapple with the coronavirus pandemic. Coming at a time when the global health and economic crisis have pushed millions of people into extreme poverty, Islamic social funding has the… Continue reading Islamic social financing to support efforts to recover and rebuild from coronavirus pandemic

China, South Asian neighbors to build emergency supplies reserve

BEIJING, Apr 28 (APP):As a major step in the joint fight against COVID-19 and efforts to boost economic recovery, China and five of its South Asian neighbors have agreed to build an emergency supplies reserve. China, Afghanistan, Pakistan, Nepal, Sri Lanka and Bangladesh also agreed to establish a center for cooperation on poverty reduction and… Continue reading China, South Asian neighbors to build emergency supplies reserve

Fiscal stimulus improves economy, strengthens recovery prospects

ISLAMABAD, Apr 14 (APP): The government’s fiscal stimulus has succeeded in improving economic as well as social outlook, strengthening the prospects of the country’s economic recovery as indicated by various indicators. “The expectations of economic recovery are strengthening on the basis of improvement in business confidence evident from industrial growth,” official sources said adding the… Continue reading Fiscal stimulus improves economy, strengthens recovery prospects

Pakistan’s exports to China up 41pc last December

File Photo

BEIJING, Jan 31 (APP): Pakistan’s exports to China crossed $312.33 million in December 2020, shows the official data from the General Administration of Customs of the People’s Republic of China (GACC). Exports increased by 41% on a year-on-year basis last December, according to GACC figures received by Pakistan. Despite the epidemic of COVID-19, bilateral trade… Continue reading Pakistan’s exports to China up 41pc last December

Pakistan’s economic recovery pace fastest in Sub-continent: PM

ISLAMABAD, Nov 13 (APP): Prime Minister Imran Khan Friday said Pakistan was moving towards economic recovery faster than any other country in the Sub-continent. “Masha Allah (Pakistan) moving towards economic recovery faster than any country in Sub-continent & this despite having to deal with COVID-19 challenge,” the prime minister said on Twitter while sharing a… Continue reading Pakistan’s economic recovery pace fastest in Sub-continent: PM

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