GENEVA: The economy unexpectedly lost pace at the start of the year, as government consumption contracted. GDP increased just 0.1 percent in the first quarter from the previous three months, when it expanded 0.4 percent, the State Secretariat for Economic Affairs in Bern said yesterday.
Private consumption grew 0.7 percent compared with the fourth quarter, the data showed. Government expenditure decreased by 0.8 percent and exports of goods rose by 2.1 percent.
ISLAMABAD: President Islamabad Chamber of Commerce and Industry (ICCI), Sardar Tahir Mehmood, has urged Prime Minister Shehbaz Sharif to rationalize...
KARACHI: Pakistan’s banking sector has recorded a sharp rise in US dollar deposits despite strict controls imposed by the State...
KARACHI: The Securities and Exchange Commission of Pakistan has approved two more Initial Public Offerings for listing at the Pakistan...
PESHAWAR: Khyber Pakhtunkhwa Revenue Authority (KPRA) held prize distribution ceremony for its first lucky draw of consumer reward scheme to...
