EconomyAs imports taper off, trade deficit kept in check in July
Aug 14, 2018
Economy
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EconomyAlso, CPI inflation is projected to rise to 6.13 percent YoY/6.55 percent YoY during FY19/CY19F due to passing through inflation from 13.9 percent currency adjustment alongside rising oil prices in FY18
EconomyPakistan is a key point along those routes, and it is likely to become an interchange station connecting China and Europe
EconomyAccording to China Overseas Ports Holding Company (COPHC), Gwadar port's operator, some 20 companies in different businesses have already joined the Gwadar free zone with direct investment of 3 billion Chinese yuan (over 460 million U.S. dollars)
HeadlinesChina-based Sinoma is currently building a 1.9Mta plant for Bestway Cement at a cost of PKR18.9bn and about 55 percent of the work has been carried out to date