IMF says Pakistan's stabilizing economy is attracting foreign investors
The International Monetary Fund has termed Pakistan's economic outlook as
According to latest report released by IMF , confidence of investors in Pakistan is growing as its economy has stabilized after completing a bailout program. It cited Chinese infrastructure investments as one of the reasons for economic development. The report highlights that hopes are pinned on the China-Pakistan Economic Corridor initiative which will link the China's Xinjiang region with the Arabian Sea through Pakistan .
7 Pakistani companies participate in 'select investment summit'
Seven Pakistani companies are participating in an investment conference underway in Washington to explore business opportunities and enhance trade. The conference titled 'Grow with US' will conclude tomorrow.
Oil prices dip on further rise in U.S. drilling, demand slowdown
Oil prices dipped on Monday following US decision to maintain high global supplies despite an OPEC-led initiative to cut production to tighten the market. Brent crude futures were down 13 cents, at 47.24 dollar per barrel and West Texas Intermediate crude futures were down 15 cents, at 44.59 dollars per barrel.
Rupee report: Rupee gains against dollar
DULL trading persisted in the local currency market for the third consecutive week. The rupee traded slightly depressed against the dollar on the interbank market as a result of fresh surge in dollar demand.
Host: Sajid Farooq
Co-Host: Tanveer Hussain