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Alarming rise in Pakistan's external debt

Pakistan’s external debt and budget deficit are rising alarmingly. If there is any delay in the US releasing $1.3 billion committed under the Coalition Support
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China to Maintain Export Tax Rebates in 2010

 
BEIJING – China has announced that it would maintain its export stimulus measures such as export tax rebates in 2010.The Ministry of Commerce stated that ...
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Pakistan to owe the world $75 billion in 5-years

 
ISLAMABAD: The International Monetary Fund (IMF) has projected an alarming rise in Pakistan’s external debt, touting it to touch $75 billion ($74.161 billion to be ...
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Pakistan on way to becoming heavily indebted country

 
Pakistan is once again on its way to becoming a heavily indebted country. The external debt to GDP has now crossed 30 per cent.  In ...
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World Bank commits $6.6 billion to South Asia

 
The World Bank Group committed US$6.6 billion in fiscal year 2009 (July 1, 2008 – June 30, 2009) to South Asia, focusing especially on reviving ...
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World's Cheapest Car Debut on Mar 3

 
World’s cheapest passenger car is set to make its debut on Indian roads on March 3.Nano (new in Parsi) is from the stable of Tata ...
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IMF: Asian Growth Losing Steam Fast

 
Growth is decelerating quickly, IMF warns and says way out of current economic meltdown is not protectionism but spurring demand and consumption...
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