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Coronavirus
VERY HIGH Source: covid.gov.pk
Pakistan Deaths
27,432
5824hr
Pakistan Cases
1,232,595
2,35724hr
4.9% positivity
Sindh
453,051
Punjab
425,703
Balochistan
32,812
Islamabad
104,619
KPK
172,210

IMF

IMF sees uncertainty around Argentina's economic policies
World

IMF sees uncertainty around Argentina's economic policies

  • "There's always at least two legs to any restructuring. One is how you change the terms of your debt contracts, the other one is how you change your policies to make the new debt sustainable. And I think that second leg is where we have a lot of uncertainty," said Alejandro Werner, the IMF's head for the Western Hemisphere, in an event hosted by S&P Global.
Published 08 Apr, 2021 08:56pm
Japan's Aso says G20 clarified, not changed, its stance on FX
World

Japan's Aso says G20 clarified, not changed, its stance on FX

  • "We clarified in written form the G20 nations' thinking on currency rates. It's a clarification, not a change, in our stance," Aso told reporters on Wednesday.
  • Aso was speaking after attending a virtual meeting of leaders from the G20 major economies, held on the sidelines of IMF/World Bank spring meetings.
Published 07 Apr, 2021 08:20pm
IMF says more vaccine spending is fastest way to shore up public finances
World

IMF says more vaccine spending is fastest way to shore up public finances

  • The IMF said in its 2021 Fiscal Monitor report that if faster global vaccinations bring the virus under control sooner, more than $1 trillion in additional global tax revenue could be collected through 2025 in advanced economies.
  • "Vaccination will, thus, more than pay for itself, providing excellent value for public money invested in ramping up global vaccine production and distribution," the IMF said in the report.
Published 07 Apr, 2021 06:54pm