UN chief welcomes creation of new IMF trust

UNITED NATIONS, Apr 18 (XINHUA/APP): UN Secretary-General Antonio Guterres on Saturday welcomed the creation of the Resilience and Sustainability Trust (RST) by the International Monetary Fund (IMF), said his spokesman.   Guterres congratulated IMF Managing Director Kristalina Georgieva and the Executive Board for approving the […]

Mongolia’s foreign trade turnover up 3.1 pct in Q1

ULAN BATOR, April 18 (Xinhua/APP) –: Mongolia’s foreign trade turnover increased by 3.1 percent year on year to 3.6 billion U.S. dollars in the first quarter of this year, said the country’s National Statistics Office on Monday. Mongolia registered a foreign trade surplus of 251.4 […]

Spices exports witness 20.78% increase

ISLAMABAD, Apr 16 (APP): Spices exports during the first eight months of fiscal year of 2021-22 grew by 20.78 % as compared to the exports of the commodity during the corresponding period of last year. During the period from July-Feb 2021-22 Spices worth US $74,946 […]

Pakistan’s exports to China continue to grow substantially

BEIJING, Apr 12 (APP): In recent years, with the rapid progress of the construction of China-Pakistan Economic Corridor (CPEC) and Special Economic Zones (SEZs), Chinese enterprises, especially private small and medium-sized enterprises, have significantly increased their investment in Pakistan. The economies of the two countries […]

Crisis-hit Sri Lanka hikes rates as protests spiral

Colombo, April 8 (AFP/APP):Cash-strapped Sri Lanka’s central bank hiked interest rates by a record 700 basis points Friday as police fired tear gas at hundreds of students protesting over the economic crisis. Severe shortages of food and fuel, alongside lengthy electricity blackouts, have led to […]

close