By Khaleeq Kiani Published in Dawn on December 04, 2024 ISLAMABAD: With almost $29 billion in loans, China has become Pakistan’s largest creditor. The nation, home to 240 million people, also ranks among the top three loan recipients from the International Monetary Fund (IMF) this year, according to a World Bank report. The World Bank’s International Debt […]
By Rashid Amjad Published in Dawn on December 03, 2024 THERE are indeed signs that the economy is stabilising. The PSX share index has, for the first time, crossed 100,000 points. The rupee-dollar exchange rate has remained stable over the entire year despite speculation to the contrary. The inflation rate has come tumbling down to around six[…]
By Khurram Husain Published in Dawn on November 21, 2024 IT has now become a routine question. Every TV anchor and people I meet in any gathering all want to know: is it true that the economy is ‘improving’? The short, and best, answer here is ‘yes and no’. Yes, because the deficits that plagued it have[…]