The International Monetary Fund (IMF) forecast that Pakistan’s economic growth could reach 3.5 percent in the current fiscal year (FY 2023-24). The global lender said the country’s economic growth remained 0.3pc in the previous fiscal year. According to a report, the power generation in August was registered at 14pc, diesel sale 11pc, petrol sale 8pc, cement sale 45pc, urea sale 49pc and auto sales 18pc. Similarly, Pakistan registered 1.15pc exports growth to $2.40 billion in 2023.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

G7 aim to have price control on Russian oil

Brussels: On July 27, the Group of Seven richest economies aims to…

Rupee closes at Rs178.13 against US dollar

Karachi: It emerged that the Pakistani currency shed 0.01% against the US…

UAE suspends passenger flights from different countries

The General Civil Aviation Authority (GCAA) announced that passenger flights of 16…

World Bank raises global growth forecast

The World Bank revised its 2023 global growth forecast slightly upwards to…