Pakistan to enhance economic, trade ties with US
Pakistan greatly values its relations with the United States
Ms laurel miller appreciated the macroeconomic stability in Pakistan . Pakistan greatly values its relations with the United States and looks forward to further enhance these ties in different spheres particularly economy and trade .
WB projects macro-economic indicators to grow in future
The World Bank has projected the growth of Pakistan’s industrial sector at 7.7 per cent by 2019. According to the twice-a-year south asia economic focus report, the growth of industrial sector by the end of current fiscal year is estimated to remain at 6.1 per cent in fiscal year 2017 while in 2018 it would grow at 7.0 per cent.
Cotton yarn, cloth production grow by 0.67pc, 0.43pc in 8 months
Domestic production of cotton yarn and cotton cloth during first eight months of current financial year grew by 0.67 percent and 0.43 percent respectively as compared the production of the corresponding period of last year.
China leads the pack as FDI increases 39%
Foreign direct investment in Pakistan increased to $297 million in March, up 39% from $213 million compared to the same month of the previous year. Cumulatively, FDI increased 12% to $1.6 billion in the first nine months (Jul-Mar) of the ongoing fiscal year 2016-17, compared with $1.43 billion in the same period of the previous year, according to data released by the state bank of Pakistan .
Host: Yasir Nazar