growth

Jazz is investing Rs 33 billion in 2024 to drive digital growth in Pakistan – Trendy Blogger

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Jazz is investing Rs 33 billion in 2024 to drive digital growth in Pakistan – Trendy Blogger

Islamabad: Jazz, along with its subsidiaries JazzCash and Mobilink Microfinance Bank, has invested more than Rs 33 billion in the first nine months of 2024, strengthening Pakistan’s digital ecosystem across banking, financial services, cloud computing, data centres, digital healthcare, entertainment and connectivity. . The company also contributed Rs97 billion to the national exchequer through corporate … 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

Pakistan signs a four-year agreement with the Global Green Growth Initiative to enhance resilience to climate change – Trendy Blogger

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Pakistan signs a four-year agreement with the Global Green Growth Initiative to enhance resilience to climate change – Trendy Blogger

BakuPakistan has signed a landmark four-year agreement with the Global Green Growth Initiative (GGGI) to support the country’s transition to a green economy and enhance its resilience to climate change. The deal, which was finalized at the UN-led COP29 climate conference, aims to promote sustainable development through green growth interventions. The agreement was signed by … Read more

Pakistani IT exports rose by 42% year-on-year, recording growth for the 12th consecutive month – Trendy Blogger

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Pakistani IT exports rose by 42% year-on-year, recording growth for the 12th consecutive month – Trendy Blogger

Islamabad: In a remarkable turnaround for the technology sector, Pakistan recorded IT exports worth US$292 million in September 2024, reflecting a 42% year-on-year increase and marking the 12th consecutive month of growth. While this figure represents a 2% decline from August 2024, it exceeds the 12-month average of $280 million, demonstrating continued momentum in the … Read more

The head of the International Monetary Fund expects tepid growth in the medium term and urges reforms – Trendy Blogger

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The head of the International Monetary Fund expects tepid growth in the medium term and urges reforms – Trendy Blogger

IMF Managing Director Kristalina Georgieva leaves after delivering a speech on global economic outlook and policy priorities ahead of the 2024 IMF and World Bank Group Annual Meetings in Washington, D.C., October 17, 2024. “Rising protectionism and trade restrictions fracture the global economy.” Global trade is no longer the engine of growth it once was: … Read more

Pakistan Night organized at PA Dubai highlights growth opportunities in the IT sector trendy blogger

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Pakistan Night organized at PA Dubai highlights growth opportunities in the IT sector trendy blogger

Dubai, Oct 15 (APP): The special networking event, ‘Pakistan Night’, held at the Pakistan Society in Dubai as part of GITEX Global 2024 activities on Tuesday, highlighted the growth opportunities of the IT sector. Organized to strengthen connections between technology professionals and business leaders, the event attracted hundreds of technology executives of different nationalities, providing … Read more

The World Bank raises growth forecasts in South Asia to 6.4%, and says that Pakistan has witnessed a rapid recovery – Trendy Blogger

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The World Bank raises growth forecasts in South Asia to 6.4%, and says that Pakistan has witnessed a rapid recovery – Trendy Blogger

A participant stands near the World Bank logo at the 2018 World Bank IMF Annual Meeting in Nusa Dua, Bali, Indonesia, October 12, 2018. — Reuters The World Bank adjusts India’s economic growth rate to 7% on an annual basis “It has recovered from the crises in Sri Lanka and Pakistan.” Bangladesh’s growth forecast was … Read more

The Prime Minister welcomes the interest rate cuts and promises more economic growth trendy blogger

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The Prime Minister welcomes the interest rate cuts and promises more economic growth trendy blogger

Prime Minister Shehbaz Sharif welcomed the Central Bank of Pakistan’s decision to reduce interest rates by 2%, describing it as a positive step for the country’s economy. He expressed optimism that lowering interest rates will boost investor confidence and increase investments in Pakistan. “The interest rate cut is a welcome step for our economy. It … Read more

Akef highlights the role of financial culture in economic growth trendy blogger

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Akef highlights the role of financial culture in economic growth trendy blogger

Pakistan Securities and Exchange Commission and PSX join forces for Financial Literacy Week: Empowering Future Investors in Pakistan Akef highlights the role of financial culture in economic growth Munther Naqvi KARACHI: Akif Saeed, Chairman, Securities and Exchange Commission of Pakistan (SECP), highlighted the crucial role played by the Pakistan Stock Exchange (PSX) in promoting financial … Read more