A revisit of trade components critical Exports fuel domestic productivity and therefore employment and at the same time constitute the most desired form of... Published 04 Dec, 2023 05:35am
Business & Finance Public health sector: Pakistan needs to spend 1pc of GDP every year: World Bank LAHORE: World Bank has estimated that Pakistan needed to spend one percent of current GDP, i.e. $4 billion, per year... Published 02 Dec, 2023 05:09am
Print GDP, exports and FDI potential: ‘Overregulation, low productivity main hindrance’ KARACHI: Overregulation and low productivity are preventing Pakistan from reaching its potential for GDP growth,... Updated 01 Dec, 2023 09:50am
Opinion Foreign currency requirement for taming inflation In the year 2016 an operational limit to the debt-ceiling was introduced whereby the annual federal deficit... Updated 30 Nov, 2023 05:17am
Print NAC lowers FY23 growth rate to -0.17pc ISLAMABAD: The National Accounts Committee (NAC) has revised the GDP growth rate downward for the fiscal year... Updated 29 Nov, 2023 09:19am
Business & Finance More hike in power tariffs opposed: World Bank to extend $2bn loan in FY24 ISLAMABAD: The World Bank (WB), Tuesday, while pushing for a policy shift for sustainable and viable power reforms,... Published 29 Nov, 2023 05:09am
World Climate change already reducing global GDP: report PARIS: Climate change is already shaving billions off the world’s economy, with developing countries hardest hit,... Published 28 Nov, 2023 11:39am
Print SBP governor hopes CA deficit to stay around 1.5pc of GDP KARACHI: The Pakistan Banking Awards 2023 ceremony was held on Friday evening here. Governor State Bank of Pakistan... Updated 26 Nov, 2023 09:41pm
Print Shamshad says expecting 2-2.5pc GDP growth ISLAMABAD: The caretaker Federal Minister for Finance, Revenue and Economic Affairs, Dr Shamshad Akhtar, reported... Updated 22 Nov, 2023 10:07am
Pakistan Climate change termed a ticking bomb waiting to go off ISLAMABAD: Pakistan People’s Party (PPP) Vice President Senator Sherry Rehman emphasised the urgency of addressing... Published 20 Nov, 2023 06:28am
Print IMF, govt reach SLA on first SBA review ISLAMABAD: The International Monetary Fund (IMF) staff and the Pakistani authorities have reached a staff-level... Updated 16 Nov, 2023 09:36am
Pakistan Boost in broadband fibre connectivity vital for growth: Minister ISLAMABAD: Boost in broadband fibre connectivity is vital for economic growth as for every 10 percent increase in... Published 15 Nov, 2023 06:09am
Opinion Estimation of the quarterly GDP Pakistan has committed to the IMF in the Memorandum of Economic and Financial Policies, as part of the Stand-by... Updated 14 Nov, 2023 05:42am
Editorials Moody’s report EDITORIAL: Moody’s recent reassessment of Pakistan’s vulnerability comes as no surprise: with exports a mere ... Updated 13 Nov, 2023 06:54am
Print PTI issues ‘white paper’ on state of economy ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) government put the fast dwindling economy of the country on the path of... Updated 13 Nov, 2023 08:56am
World Biden, Xi set to steal APEC spotlight with talks to steady ties WASHINGTON: US President Joe Biden and Chinese President Xi Jinping are expected to hold summit talks in San... Published 08 Nov, 2023 11:59am
Print Pakistan attracted $16bn in visitor spending in 2022: World Bank ISLAMABAD: Pakistan attracted $16 billion in visitor spending in 2022 which is projected to touch $30 billion in... Updated 08 Nov, 2023 01:24pm
Opinion SBP projections for 2023-24 The Annual Report for 2022-23 on the State of the Economy by the SBP has been released recently. Along with a... Published 07 Nov, 2023 07:02am
Opinion Crisis is the moment for home-grown solutions Containment of fiscal deficit should be and is the first priority. In this respect extensive data released on Q1... Updated 06 Nov, 2023 06:11am
Opinion A win-win situation I wonder how many people remember the invasion of locust hordes in Karachi in the sixties. I witnessed many of their... Updated 04 Nov, 2023 06:29am
Opinion Pakistan must adapt to climate change Pakistan is among the top ten countries most vulnerable to climate change, according to the 2020 Global Climate Risk... Updated 04 Nov, 2023 06:27am
Editorials Trade deficit EDITORIAL: Pakistan Bureau of Statistics (PBS) trade data for July-October 2023 notes an improvement in the balance... Published 03 Nov, 2023 06:11am
Print $340bn investment needed to address climate challenges: finance minister KARACHI: The Caretaker Finance Minister Shamshad Akhtar has said that to address climate-related challenges,... Updated 02 Nov, 2023 09:19am
Pakistan PSDF achieves all of its targets: Ijaz LAHORE: Founding Chairman of Board of Director of Punjab Skills Development Fund (PSDF) Dr Ijaz Nabi said that the... Published 31 Oct, 2023 05:26am
Print World Bank projects 1.7pc growth rate ISLAMABAD: The World Bank has projected positive growth return for Pakistan in fiscal year 2023-24, but at a rate of... Updated 31 Oct, 2023 09:15am
Business & Finance Dollar higher as US economic growth accelerates NEW YORK: The dollar rose against a basket of currencies on Thursday after data showed the US economy grew at its... Published 27 Oct, 2023 05:16am
Editorials Consolidated fiscal operations EDITORIAL: The Finance Ministry uploaded a summary of the consolidated federal and provincial fiscal operations for... Published 27 Oct, 2023 05:16am
Print Govt closes Q1 with budget deficit of 0.9pc of GDP ISLAMABAD: The government has closed the first quarter of the current fiscal year (July-Sept 2023-24) with a budget... Updated 26 Oct, 2023 09:02am
Business & Finance Interest rates to stay high, dampen growth: IMF LONDON: The head of the International Monetary Fund said on Wednesday that international cooperation in a divided... Published 26 Oct, 2023 06:08am
Opinion Navigating deep malaise Why is corruption so pervasive in Pakistan? Why do civil institutions consistently fail to deliver? Why is there a... Updated 25 Oct, 2023 06:39am