Friday, March 1, 2024
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China’s Second Quarter GDP Reflects Pandemic Recovery, but Challenges Linger

China is set to announce impressive economic growth for the second quarter, fueled by comparisons to the previous year's pandemic-induced lockdown. However, underlying data...

SriLankan Airlines Reports Massive Annual Loss, IMF Bailout Requires Privatization

Sri Lanka's national airline, SriLankan Airlines, has announced a staggering annual loss of $525 million, adding to the financial crisis plaguing the cash-strapped country....

Pakistan’s rupee plunged to a historic low today,amid political unrest

Pakistan's rupee plunged to a historic low today, further deteriorating amidst the political unrest following the arrest of former prime minister Imran Khan. The...

India extends $1 billion credit line to Sri Lanka

India has decided to extend a $1 billion credit line to Sri Lanka for another year as the country continues to battle an economic...

Policy Interest Rate Increased By 200 bps

Pakistan's government has agreed to increase the policy interest rate by 2% or 200 basis points to meet another condition set by the International Monetary Fund (IMF).

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