IGI Securities Limited – Investor Kit

Karachi, October 17, 2017 (PPI-OT): Top News

The World Bank said on Monday it would continue to support Pakistan to implement broad economic reforms and address current risks towards achieving its development aspirations. The statement w as made after discussions with a Pakistan delegation that covered a range of topics including the macro-economic outlook, human capital development, renew able energy and private sector development as w ell as infrastructure financing, said a press release issued on Monday. https://fp.brecorder.com/2017/10/20171017226764/

The Economic Co-ordination Committee (ECC) of the Cabinet has directed Federal Board of Revenue (FBR) to impose and increase Regulatory Duty (RD) on around 300 non-essential items aimed at reversing the widening trade deficit trend, w ell informed sources told Business Recorder. https://fp.brecorder.com/2017/10/20171017226761/

According to official announcement made by the World Bank from its headquarters Washington DC on Monday stating that it would continue to support Pakistan to implement broad economic reforms and address current risks towards achieving its development aspirations. https://www.thenews.com.pk/print/237627-WB-assures-Pakistan-it-will-support-its-broad-economic-reforms

Global steel demand growth is expected to slow to 1.6 per cent next year, after strong growth in 2017 driven by demand from top consumer China, the World Steel Association (worldsteel) said on Monday. https://www.dawn.com/news/1364325/global-steel-demand-growth-to-slow -next-year

   

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