seniors i need your help badly. while reading newspaper i don't understand news about economy much. ..because of some economic terms being used there repeatedly. lost in the world of bilateral donors, economic affair division, finance division, article 4 consultation, tax-to-GDP ratio, foreign exchange reserves, import bill, EODI and a lot more ... can somebody help me in this matter please? or can any senior start a thread about economy to help understanding some basic terms?. so we could better understand economy news. do something about it pleaseee....

Lost in the world of bilateral donors: Bilateral Aid means aid from a single donor country to a sole beneficiary country, while in Multilateral Aid there are institutions funded by various countries to provide Aid to the Needy countries. In ordinary course of Pakistani Economic Affairs, aid from USA would be considered as Bilateral Aid hence, making USA a Bilateral Donor. While, World Bank and Asian Development Bank are examples of Multilateral donors.
Now, it would be easier for you to understand what "lost in the world of bilateral donors" really means. It simply depicts the situation where there is no Aid from Multilateral donors.
Divisions are more administrative issues than economic. Cabinet works in divisions like: Economic Division, Finance Division, Statistics Division etc.
Here are details of Article 4.
Article4
GDP means total gross production of a country from domestic sources only. Tax to GDP ratio is the percent contribution of Taxes in GDP. More the T to GDP ratio means more the taxes have been collected during a tax year.
Forex reserves are simply the currency of the other countries that a country has.
Import bill in news refers to the total amount of imports.
And you may get Azeem Academy's "A Dictionary of Commerce" with thousands of terms and concepts of Economics, Marketing, Management and Finance explained for lot more

thanks a lot. and where can i get this dictionary from? is it easily available at any bookshop? and also please give me the link of web where commerce dictionary is available, if you know any...

You may get it from any bookshop that deals in Azeem Academy books. I found this online glossary the best for economics so far.

Just purchase Oxford Dictionary of Economics as it explains in possible simple language.Glossary of economics will help you too,so try to download them.
Moreover you can post any term or just email any senior in order to get it cleared. I will try to mail you pertinent material on economics.

Stay blessed

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The Hope we still have.

the good option is to get ur hand on any good micro economics and macro economics books of foreign and standard authors and make a photocopy of their glossary. You can also download economics dictionary in your mobile, PC and laptop. it will also be handy for saving ur time

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One who imagines himself to be all knowing will surely suffer on account of his ignorance.(Hazrat Imam Ali a.s)

You will not be required to purchase any material unless for the comprehension of scientific concepts. The following link should suffice you to go through economic terms as they appear in everyday life with simple vocabulary.

http://www.economist.com/economics-a-to-z