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How the 'gool' trade is fudging Pakistan's cotton production numbers
Pakistan Business

How the 'gool' trade is fudging Pakistan's cotton production numbers

Industry sources informed Nukta that last year nearly 2.5 million bales changed hands without any legal invoice

What Pakistan's import and agri data reveals about its vicious debt loop
Research

What Pakistan's import and agri data reveals about its vicious debt loop

Pakistan has been in the top 10 producers of various food and agricultural products but has now turned reliant on imports

IMF likely to approve $7 billion loan program for Pakistan in Sept 25 meeting
Business

IMF likely to approve $7 billion loan program for Pakistan in Sept 25 meeting

Pakistan had reached a staff-level agreement with the IMF for a the Extended Fund Facility in August.

How declining global oil prices will impact Pakistan's inflation, trade deficit
Research

How declining global oil prices will impact Pakistan's inflation, trade deficit

The drop, if sustained, is expected to help bring down Pakistan's inflation below 9% and reduce its import bill by $900 million in fiscal year 2024-25

Pakistan central bank slashes interest rate to 17.5%
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Pakistan central bank slashes interest rate to 17.5%

This is a cut of 200 basis points from the previous rate of 19.5%

Pakistan likely to import 3 million cotton bales as decline in output continues
Business

Pakistan likely to import 3 million cotton bales as decline in output continues

The textile sector will need around 10 million bales while overall cotton output is expected to range between 7-8 million bales

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