Category: NEWS

Trade gap narrows as exports recover

THE country’s trade deficit narrowed in May as exports posted a slight rebound and imports contracted at a slower pace, the Philippine Statistics Authority reported on Tuesday. At $4.40 billion, the shortfall improved from...

Why the IMF is Lending $3 Billion to Pakistan

In June, Pakistan was in a race against time to secure $1.1 billion from the International Monetary Fund (IMF) in a bid to solve its worst economic crisis since gaining independence from Britain in...