ANKARA: Turkey needs growth higher than its current rate of around 3 percent to avoid the “middle income trap”, the country’s finance minister said.
Speaking at an economic conference, Mehmet Şimşek also said that macroeconomic fundamentals were more important than fluctuations in FX markets. The Turkish lira has lost more than 10 percent of its value against the dollar this year over concerns about political interference in central bank policy.
LAHORE: Pakistan’s northern trade gateway witnessed record-breaking performance, with Customs authorities collecting nearly Rs15 billion in revenue from imports through...
ISLAMABAD: The Pakistan Single Window (PSW) and the Pakistan Airports Authority (PAA) have signed a Memorandum of Understanding to digitalize...
KARACHI: Producing a Rs5,000 or Rs1,000 currency note costs Rs14, State Bank of Pakistan officials told the Senate Standing Committee...
ISLAMABAD: Pakistan received more than $763 million in external financial assistance during July, the first month of the current fiscal...
