The current account deficit has continued to balloon in recent months due to the higher import bill, surging over $9 billion during the first half of the current financial year 2021-22. According to statistics updated by the State Bank of Pakistan, the current account deficit has surged to $9.09 billion
The insurance sector driven by the state-owned insurance company, State Life Insurance Corporation concluded a healthy business year, with a handsome claim of over Rs. 100 billion to be paid to the policyholders for 2021, said Shoaib Javed Hussain, Chairman, and CEO of State Life Insurance Corporation said. Talking to
Published by Global Voices Narayan Debnath in his study. 2011. Image via Wikipedia by Bonyoraj. CC BY 3.0. Indian comics artist, writer and illustrator Narayan Debnath was perhaps not known in the international arena but he is hailed as the father of Bengali language comic strips. His popular comic strips
Published by Daily Financial Times By Kumar Ranaweera “The revenue effort is doubled. Technology is brought in. Strict tax discipline is brought in. It has to work like in other countries, like for example, Pakistan where leakage was prevented by technology taking over tax administration. I will not underestimate the
Published by Daily Financial Times Anura Kumara Dissanayake M.A. Sumanthiran Sajith Premadasa Bullock-drawn kerosene carts are back in Colombo, a scene I last saw 60 years ago. Ubiquitous queues we saw 45 years ago. Patchy, yellowed fields we never saw. Symbols of a Great Leap Backward. President GR recently visited
Published by Daily Financial Times The Governor of the Central Bank said last week, Sri Lanka has earmarked $ 500 million to repay a maturing sovereign bond on 18 January. However, several business leaders said Sri Lanka should take a rain check. Dr. Shanta Devarajan a former acting chief economist
Published by AFP New York (AFP) – A prominent US art collector and billionaire philanthropist has returned 180 works of art and antiquities stolen from around the world — some from ancient Greece — that are estimated to be worth $70 million, Justice Department officials in New York said Monday.
Published by NJ.com By Tariq MaQbool For a de facto lifer like me, contact with family and friends is crucial to my mental health and survival. Visits and phone conversations are my lifelines out of this dark place. And when visits were cancelled due to the pandemic, daily calls kept
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