Despite support from Saudi Arabia and IMF, Islamic Republic of Pakistan is in dire need of funds. The country has seen drying up of investment in recent time and it is facing
Britain usually has only one public holiday in early summer but the amount was doubled for the Jubilee…reports Asian Lite News The recession-threatened economy rebounded in July, data showed Monday, but is
India toppled the UK from its position in the final three months of 2021 to become the fifth-biggest economy, reports Asian Lite News Britain has dropped behind India to become the world’s
Now, propelled by political compulsions, the hanging-by-threat Prime Minister Sharif and his uneasy coalition government say now “no import from India, come what may”. Pakistan’s leaders have found it fit to play
Gross domestic product fell by 11% in 2020, the Office for National Statistics said. This was a bigger drop than any of the ONS’s previous estimates and the largest fall since 1709,
Gross domestic product expanded 11.8% in the second quarter, when the non-oil economy grew 5.4% and is now larger than at the end of 2019, before the pandemic struck…reports Asian Lite News
The Washington-based IMF said it now expected the global economy to grow by 3.2 per cent in 2022 — a 0.4 point reduction since April — while inflation is now believed to
The IMF has cut its 2022 global growth forecast to just 3.2% and warned the slowdown risks being even more severe…reports Asian Lite News The country is set for the slowest growth
ED officials confirmed that the truck was carrying 20 steel trunks meant for carrying the valuables seized from Mukherjee’s residence…reports Asian Lite News The Enforcement Directorate (ED), which recovered huge cash and
In the crisis-ridden island nation, people have been waiting in line for days for essentials such as cooking gas, kerosene, gasoline, sugar, milk powder, and medicines, reports Asian Lite News With the