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Articles for tag: billion, CAD, expects, Fall, forecasts, IMF, Pakistan

November 7, 2023

News Desk

Pakistan expects CAD to fall by $2 billion, according to IMF forecasts

A currency trader counts banknotes in this undated image. — AFP/File The government expects imports to decline in the rest of the 24-year period. The Ministry of Finance expects an improvement in the overall trade balance. Pakistan’s external financing requirements stand at $28 billion. ISLAMABAD: While not deviating from the projected macroeconomic framework, Pakistan has informed the International Monetary Fund (IMF) that it expects its current account deficit (CAD) to narrow by $2 billion to end at $4.5 billion compared to with $6.5 billion projected by the end of June 2024, it said The news on Tuesday. The downward projection

November 2, 2023

News Desk

Analysts predict Moderna will meet 2023 COVID-19 forecasts

Syringes with needles are seen in front of a Moderna logo displayed in this picture taken on November 27, 2021. — Reuters Moderna is expected to hit the lower end of its sales target for this year, as it only needs to cover a small portion of the private market with the COVID-19 vaccine to meet that target, according to industry experts. According to four analysts who spoke to Reutersit is possible for Moderna to achieve $2 billion in private market sales by 2023 if about 20 million people are vaccinated with its updated COVID-19 vaccine. The company said it

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