More than one in three Londoners would consider leaving the UK capital, with all citing Brexit uncertainty and the pandemic as deciding factors for them.
On Monday, the Policy Research Institute of Market Economy (PRIME) released a report that stated that Pakistan's Prosperity Index continues to follow an upward trend, reaching an all-time high of 116.3 in November 2020.
Despite inflationary pressures and the second wave of the COVID-19 pandemic, over a 12-month period improvements in trade volume and output of large-scale manufacturing coupled with a modest increase in private sector lending led to an uptick in economic prosperity.
The office bearers and representatives of the chamber briefed the advisor on their activities and plans for support and development of the SMEs sector.
Use of cash promotes informal economy and helps illegal activities, on the other hand by using the Raast one is doing the right thing by transacting using formal digital Financial Service and contributing to Pakistan's economy.
SBP along with Karandaaz Pakistan has developed this new system for processing instant payments.
The Prime Minister in his address said a cash-based economy is the biggest hurdle in tapping the true potential of Pakistan.
The Indian Gross Domestic Product (GDP) will shrink by 7.7pc in the financial year ending March 2021, which is higher than the earlier 7.5pc decline forecasted forecast by the central bank of India.
Japan declared a limited state of emergency in the capital, Tokyo, and three neighbouring prefectures on Thursday to stem the spread of the coronavirus.
Prime Minister Yoshihide Suga’s government is seeking to limit damage to the world’s third-biggest economy while striving to defeat the virus once and for all as it looks ahead to staging the postponed summer Olympics.
“This divergence, straddling as it does already inflamed global trade tensions, cements our expectation of an increasingly bifurcated world,” added the report.
“I think that with the infection rate still souring the US economy is still a vulnerable economy and is likely to experience further lockdown,” predicted Roach.
The statement did not give a comparison to actual spending in 2020, but the size of the 2021 budget is 14 percent below the 66.4 billion dirhams it had set for 2020
The budget takes into account the exceptional economic conditions of the fiscal year 2020 and the repercussions of the pandemic on the global economy
PSX witnessed four IPOs (including are preference share listing) during this year in spite of the COVID-19 outbreak, where the cumulative amount raised clocked in at Rs 8.4bn.
The IPOs were witnessed in sectors like steel, meat processing, telecom and chemicals.
The United Kingdom will work flat out for a Brexit trade deal and the two sides are in “tunnel” negotiations but if a deal with the European Union is not possible then the country will be prepared, interior minister Priti Patel said on Thursday.
The “tunnel” is a term for an intense final stage of secretive, make-or-break negotiations.
The analysts said they expected exports from the city-state to rise 3.6% year-on-year in 2020, below the government's official forecast range of 4% to 4.5% growth.
