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Businessmen called 2022 the worst performing year for Pakistan’s economy. The country’s currency fell by 49.31 rupees against the US dollar, and the interest rate rose to 16%, the highest since 1998-99.
Due to the increase in demand for oil, the price of oil in the world market increased. Brent crude oil price rose to $85 per barrel. West Texas Intermediate was at $90 per barrel Oil prices rise on signs of OPEC production cut Oil prices rose on signs from Saudi Arabia that OPEC may cut…
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Oil prices have a huge impact on the global economy. Oil accounts for 3% of global GDP. Higher oil prices will lead to an improvement in the current account position of oil exporters like OPEC countries. Oil demand fell in 2020 amid the pandemic as the price fell below zero for the first time in…
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Many people on TikTok have become famous in a very short time and you can also make your or your brand’s account go viral by incorporating this platform into your TikTok marketing strategy. From pop stars and police officers to teachers and healthcare workers, TikTok’s platform offers users everything from helpful life hacks to the…
Minister of State for Petroleum Musadiq Malik said the shortage of natural gas would persist this winter like last year. Demand for gas in the domestic sector is increasing while supply is decreasing. Government Blamed Imran Khan’s administration for failing to contract the cheapest LNG available at the time and for no improvement in domestic…
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Social media platform Google has announced 15,000 career certificate scholarships and digital training programs for deserving Pakistanis.
India became the fifth largest economy in the world, overtaking the United Kingdom. A decade ago, India was the 7th largest economy, while Britain was 5th.
United Nations issued a $160 million flash appeal to help Pakistan deal with devastating floods that have killed more than 1,100 people.
Board of International Monetary Fund (IMF) is set to meet today (Monday) to consider a loan plan for Pakistan, as officials in the cash-strapped country expect a month to come.
The IMF’s $1.2 billion loan program for Pakistan is expected to begin later this week. The IMF Executive Board may meet before August 20. Pakistan and the IMF signed a $6 billion bailout agreement in 2019.