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Coronavirus
VERY HIGH
Pakistan Deaths
15,619
11824hr
Pakistan Cases
729,920
431824hr
Sindh
269,474
Punjab
252,974
Balochistan
20,397
Islamabad
66,983
KPK
100,275

GCC COUNTRIES

Gulf countries get fiscal leeway after OPEC+ extends output cuts

Gulf countries get fiscal leeway after OPEC+ extends output cuts

  • These countries will still benefit from the higher oil revenue, as the forecast increase in oil price outweighs the lower output.
  • "The marked narrowing in the fiscal deficit with higher oil revenue gives further space to increase fiscal support to the economies."
Updated 08 Mar, 2021 10:16pm
UAE and Qatar hold first meeting since Gulf détente
World

UAE and Qatar hold first meeting since Gulf détente

  • The two sides discussed joint mechanisms and procedures for implementing the al-Ula statement. They emphasised the importance of preserving Gulf kinship and developing joint Gulf action in the interest of GCC countries and their citizens, and of achieving stability and prosperity in the region.
Updated 22 Feb, 2021 10:04pm
Important step: Pakistan welcomes Saudi Arabia, Qatar's decision to open borders

Important step: Pakistan welcomes Saudi Arabia, Qatar's decision to open borders

  • FO says Pakistan appreciates steps being taken by the countries of GCC, which will contribute to resolution of outstanding issues between the countries of the organization
  • Persistent and sincere efforts of Kuwait's Emir, and cooperation of the GCC countries, led to this important and amicable outcome: Foreign Office
Published 05 Jan, 2021 01:38pm