expects

The International Monetary Fund expects steady global growth amid economic uncertainty – Trendy Blogger

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The International Monetary Fund expects steady global growth amid economic uncertainty – Trendy Blogger

WashingtonThe International Monetary Fund is preparing to unveil its latest forecast for the global economy on January 17, with expectations of steady global growth and a gradual decline in inflation, according to IMF Managing Director Kristalina Georgieva. Speaking on Friday, Georgieva highlighted that the US economy is performing “better than expected” but noted significant uncertainty … Read more

China expects electric vehicle exports to grow by 2025 – Trendy Blogger

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China expects electric vehicle exports to grow by 2025 – Trendy Blogger

According to the China Passenger Car Association (CPCA), China’s automobile exports are expected to slow in 2025 after maintaining its position as the world’s largest automobile exporter for the second consecutive year in 2024. Export growth is expected to decline to 10%, with electric vehicle shipments expected to stagnate, CPCA Secretary-General Cui Dongshu said on … Read more

WAPDA expects to study institutional reforms under the World Bank’s IARC project – Trendy Blogger

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WAPDA expects to study institutional reforms under the World Bank’s IARC project – Trendy Blogger

The Water and Power Development Authority (WAPDA) has concluded a Rs1.14 billion contract for Institutional Assessment and Reforms Consulting (IARC) with a group of international and local companies. The consortium includes France-based Ginger Sofrico, Uruguay’s GME, and Pakistan’s Warm Waters Advisory. IARC is a World Bank-funded project with a total value of Rs 1.14 billion. … Read more

The government expects to improve offers to privatize the Pakistan Investment Authority after the recent rejection – Trendy Blogger

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The government expects to improve offers to privatize the Pakistan Investment Authority after the recent rejection – Trendy Blogger

Federal Minister for Law and Justice Azam Nazir Tarar informed the National Assembly on Thursday that the government is optimistic about receiving better bids in its second attempt to privatize Pakistan International Airlines (PIA) after a previous failed attempt. During the Question Hour, the Minister emphasized that restoring PIA’s routes to Europe could positively impact … Read more

The Reserve Bank of Australia Governor expects to save Rs 1.5 trillion in interest payments after the interest rate cut – Trendy Blogger

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The Reserve Bank of Australia Governor expects to save Rs 1.5 trillion in interest payments after the interest rate cut – Trendy Blogger

State Bank of Pakistan (SBP) Governor Jamil Ahmad announced that a drop in the key interest rate to 13% will save the government Rs1.5 trillion in interest payments during the current fiscal year (FY25). Speaking to a private news channel, the Governor of the State Bank of Pakistan said that this saving will support the … Read more

The Civil Aviation Authority expects the EU ruling to uphold the lifting of the ban on PIA – Trendy Blogger

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The government expects to improve offers to privatize the Pakistan Investment Authority after the recent rejection – Trendy Blogger

The European Aviation Authority is set to announce its decision on the request of the Civil Aviation Authority (CAA) to lift the ban on Pakistani airlines operating in the European Union. The decision comes after a crucial three-day meeting of the European Air Safety Committee held in Brussels from 19 to 21 November. The committee … Read more

AHL expects 27% growth in the KSE-100 index, targeting 120,010 points by 2025 – Trendy Blogger

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AHL expects 27% growth in the KSE-100 index, targeting 120,010 points by 2025 – Trendy Blogger

The KSE-100 index, Pakistan’s index of stock market performance, is expected to reach 120,010 points by December 2025, according to Arif Habib Limited (AHL)’s latest report titled ‘Pakistan Investment Strategy 2025’. This expected growth indicates a return of 27% over the next 13 months, driven by stabilizing macroeconomic fundamentals and an undervalued stock market. “Current … Read more

Bank of England cuts interest rates but expects inflation to rise after Reeves Budget – Trendy Blogger

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Bank of England cuts interest rates but expects inflation to rise after Reeves Budget – Trendy Blogger

A man sits next to the Bank of England in the financial district of London, Britain, August 14, 2024. – Reuters The Bank of England cut interest rates for only the second time since 2020. “We need to make sure that inflation stays close to target,” the governor says. Rachel Reeves’ Budget is expected to … Read more

Record remittances are expected as the State Bank of Pakistan expects October inflows to exceed $3 billion – Trendy Blogger

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Record remittances are expected as the State Bank of Pakistan expects October inflows to exceed billion – Trendy Blogger

Islamabad: In a positive development for the Pakistani economy, the State Bank of Pakistan (SBP) has hinted that remittances for October 2024 are expected to reach or exceed $3 billion. This trend, revealed during the Monetary Policy Committee’s recent briefing, is expected to significantly reduce the current account deficit to negligible levels. The expected remittance … Read more

SBB expects foreign exchange reserves to rise to $13 billion by the end of the current fiscal year – Trendy Blogger

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SBB expects foreign exchange reserves to rise to billion by the end of the current fiscal year – Trendy Blogger

State Bank of Pakistan building in Karachi. – Application/File KARACHI: Despite difficult conditions, Pakistan’s external account has improved significantly since October 2023, State Bank of Pakistan Governor Jamil Ahmed said. Hence, the Central Bank Governor expects the country’s foreign exchange reserves to reach $13 billion by the end of the current fiscal year. This came … Read more