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KARACHI:Pakistan s current account deficit (CAD) n
nike air 270 arrowed 27% to $11.58 billion in first 10 months (Jul-Apr) of the current fiscal year due to a drop in import of goods and services and a surge in overseas worker remittances.The current account deficit had been recorded at $15.86 billion in the same perio
samba adv d of previous fiscal year, according to the State Bank of Pakistan (SBP).The drop in the deficit - the difference between the government s higher fore
air max sneakers ign expenditures (mainly import payments and foreign debt repayments) and lower earnings (mainly export proceeds and remittances) - came after the central bank made imports expensive by letting the rupee depreciate massively against the US dollar since December 2017 and aggressively hiking the key interest rate.The two decisions - cumulative interest rate hike of 6.5 percentage points to 12.25% and rupee depreciation by 44% to 151.95 against the dollar since December 2017 - also helped attract higher worker remittances through banking and Fubl Liverpool s Klopp avoids title talk despite Arsenal rout
ISLAMABAD :The pendency of cases in the Supreme Court hit an all-time high of 39,870 on July 15.According to the fortnightly SC report, there has been rapid increase in the institution of cases in the apex court as 848 cases were filed from July 1 to 15.On the other hand, the SC has decided 828 cases during the same period.However, it has been noticed that this figure is increasing by the day as 39,525 cases were pending on May 31 but the figure has reached 39, 870.Currently, 40 suo motu and 252 human rights cases are pending. 2,173 jail petitions, 221 constitution petitions, 1,070 criminal appeals and 9289 civil appeals a
jordan rosse re pending in the apex court.Implement
jordan verdi SC orders in graft cases: NAB chiefThe Full Court meeting held on July 7, already observed that there is rising trend in institution of cases that shows the trust of people in institution
jordan5 of judiciary.During the meeting, Chief Justice of Pakistan Mian Saqib Nisar asked the court to put forward suggestions and strategies to improv