The problem – or privilege – of having a lot of foreign debt is one shared mainly among industrialized nations. Topping the ranking of the countries that borrowed most from others is the United States, which is 17.91 trillion U.S. dollars …
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The above table gives a snapshot of banking industry performance at the close of third quarter of CY2018. From the table, key industry figures could be summarized as below: 1. Assets: PKR 16,728 Billion 2. Deposits: PKR 12,937 Billion 3. Equity: PKR …
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Economists have predicted that the Pakistan’s economic growth in the present fiscal year is expected to hit a 9-year low, dipping to approximately 2.9 percent, adding that looming balance of payment shortage, cut in development expenditures, monetary tightening and depreciation in the local currency …
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Pakistan banking experts have revealed that Pakistan’s banking sector is a significant contributor in the promotion of the overall economic progress, socio-economic development and financial stability of Pakistan. However, its performance and contribution remains contingent upon the developments in the …
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Pakistan & Gulf Economist Pakistan's Business Financial Magazine