Government-led reforms and the growth of private investment in new sectors will help support non-oil economic growth in Saudi Arabia amid an expected sharp slowdown in overall growth this year, a senior International Monetary Fund (IMF) official said. The Saudi economy grew 8.7 per cent last year,
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Pakistan’s overall oil sales plunged 47 per cent year-over-year to 1.171 million tonnes in April, while the total sales shrank by 24pc to 13.970m tonnes in the July-April period of FY23.
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Economic Survey of Pakistan is a yearly flagship publication of the Ministry of Finance which highlights the trend of macro-economic indicators, development policies, strategies, as well as sectoral achievements of the economy.
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Pakistan’s oil industry has looked for Rs12/liter edge on high velocity diesel (HSD) and Mogas (petroleum) for oil promoting organizations (OMCs) considering the significant expense of business, which has made monetary difficulties.
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Oil deals plunged an enormous 46 percent in April this monetary contrasted with that very month of the keep going monetary year essentially on financial log jam and pirated Iranian oil based commodities.
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