London: Britain´s coronavirus-ravaged economy slumped almost one-fifth during the country´s lockdown and remained set for its sharpest decline in annual output for 300 years, official data showed on Tuesday.
The Office for National Statistics (ONS) said gross domestic product plunged 19.1 percent in the three months to the end of May "as government restrictions on movement dramatically reduced economic activity".
The Office for Budget Responsibility, in charge of the government´s economic forecasts, said the "UK is on track to record the largest decline in annual GDP for 300 years", estimating that the economy could shrink by as much as 14.3 percent in 2020.
Sheikh argued that the government should have maintained stable petroleum prices
MARI has successfully drilled and tested the third appraisal well in the Ghazij formation in the Mari D&PL
Gold rates decreased by $17 to $2,395 per ounce in the international market
Company's revenue saw a 13.9% year-on-year increase, reaching Rs49.2 billion, up from Rs43.19 billion in the same...
A man counts US dollars in a money exchange shop in Dhaka. — AFP/FileLAHORE: The first thing that the government...
Power generation stood at 8,741 gigawatt-hours or 11,749 megawatts in March