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.
LAHORE: The Federal Tax Ombudsman (FTO) has made online hearings the default mode for resolving tax complaints at its headquarters...
Pakistan Customs has ordered officials to clear the backlog of import and export containers at the Karachi International Container Terminal...
KARACHI: Pakistan's cotton production has dropped to less than half of its historic peak, causing the country an estimated annual...
ISLAMABAD: Iran's Deputy Minister of Transport Mehran Ghorbani and Deputy Minister of Interior for Economic Affairs Mehdi Dousti met Minister...
