The American Treasury Secretary, Scott Bessent, answers questions from journalists from the Institute of International Finance (IIF) Global Outlook Forum On Tielines of the IMF and World Bank 2025 Annual Springs Meetings in Washington, DC, United States, April 23, 2025. The head of the US Treasury says that the IMF, WB moved away from their … Read more
A World Bank building. – Reuters / File WB says real growth must be supported by recovery of private consumption. Investment motivated by disinflation, drop in interest rates to increase GDP. The report indicates that growth remained low during the first half of the 201025 financial year. Pakistan’s economy stabilizes and should grow 2.7% during … Read more
The Buckingham Palace published on Monday a statement saying that King Charles III and his wife, Queen Camilla, “were very deeply saddened to learn the death of Pope Francis.” “Our heavy hearts were however somewhat attenuated to know that his holiness was able to share a greeting of Easter with the Church and the world … Read more
A worker leans as he carries packets of textile fabric on his back to deliver to a nearby store in a market in Karachi. – Reuters / File WB calls for bringing the real estate sector to the tax net. Hopes that the sector will be recorded with precision and taxed. The lender suggests a … Read more