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Coronavirus
VERY HIGH Source: covid.gov.pk
Pakistan Deaths
27,374
4724hr
Pakistan Cases
1,230,238
2,33324hr
4.56% positivity
Sindh
452,267
Punjab
424,701
Balochistan
32,796
Islamabad
104,472
KPK
171,874

World Bank

World Bank expects commodity prices to stay firm on economic growth
Markets

World Bank expects commodity prices to stay firm on economic growth

  • Energy prices are expected to average more than one-third higher this year than 2020, with oil averaging $56 a barrel, it said. Prices should rise to $60 a barrel in 2022, "broadly in line with their 2017-19 average."
  • "Emerging market and developing economies, both commodity exporters and importers, should strengthen their short-term resilience and prepare for the possibility of growth losing momentum."
Published 20 Apr, 2021 07:57pm
WB, FBR discuss ‘Pakistan Raises Revenue’ program
Business & Finance

WB, FBR discuss ‘Pakistan Raises Revenue’ program

  • Asim Ahmad gave an update on the progress of the reforms agenda covering 10 Disbursement Linked Indicators (DLIs) and also shared concerns regarding the difficulties being encountered in progress on reform interventions involving data sharing with provinces and the Sindh High Court stay on the Track and Trace process.
Published 17 Apr, 2021 10:08am
G20 to look for ways to ensure sustainable financing to manage pandemics
World

G20 to look for ways to ensure sustainable financing to manage pandemics

  • "The High-Level Independent Panel on Financing the Global Commons for Pandemic Preparedness and Response (...) will consider practicable solutions to ensure sustainable financing for pandemic prevention, surveillance, preparedness, and response", Ignazio Visco said at a World Bank event.
Published 09 Apr, 2021 05:56pm
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