Economy: govt stumbling badly The Pakistan Democratic Movement (PDM) government is stumbling badly on managing the economy. Their first month in... Published 29 Apr, 2022 05:43am
Business & Finance US economy sees surprise Q1 contraction despite solid spending WASHINGTON: The US economy shrank in the first quarter of 2022 as the Omicron variant of the coronavirus hampered... Published 29 Apr, 2022 05:43am
World China’s Xi urges ‘all-out’ infrastructure push to boost growth BEIJING: China’s Xi Jinping has called for an “all-out” campaign to build infrastructure, according to state media,... Published 27 Apr, 2022 02:19pm
Print Nine months: fiscal deficit stands at 4pc of GDP ISLAMABAD: The country’s overall fiscal deficit during the first three quarters of the current fiscal year –... Updated 27 Apr, 2022 10:44am
Opinion Moving forward Political uncertainty comes at a time when the macro numbers are beginning to deteriorate. This could pose serious... Published 26 Apr, 2022 05:20am
Opinion Pakistan: economic focus The international financial institution — World Bank (WB) — which is an influential source of funding as well as... Published 21 Apr, 2022 05:26am
Pakistan Govt may try to liquidate unbudgeted circular debt to discredit PTI: Shaukat Tarin Comments come as both PTI and PML-N leaders continue to trade barbs on state of Pakistan economy Published 20 Apr, 2022 05:55pm
Business & Finance WTO warns against dividing world economy over war in Ukraine GENEVA: The WTO warned Tuesday that Russia’s war in Ukraine had darkened the prospects for world trade as it... Published 13 Apr, 2022 06:03am
Editorials The emergent task at hand EDITORIAL: The state of the economy today necessitates a set of policy reversals as well as reforms on an emergent... Published 12 Apr, 2022 05:17am
Business & Finance Moody’s maintains ‘stable outlook’ for Pakistan’s banking sector Expects real GDP growth of between 3% and 4% for fiscal 2022 and between 4% and 5% for fiscal 2023 Updated 11 Apr, 2022 08:04pm
World World Bank warns of bleak economic outlook for Ukraine, region WASHINGTON: The World Bank issued dire forecasts for Ukraine as Russia's invasion impacts both the country and its... Published 11 Apr, 2022 01:42am
Opinion Rising economic difficulties At present Pakistan is facing grim crises. Regardless of the Supreme Court’s decision, the real question is ... Published 08 Apr, 2022 05:28am
Perspectives Economy on the back-burner: some difficult decisions needed The ongoing political turmoil in Pakistan only added to the woes of an already battered economy, which is faced with... Published 08 Apr, 2022 03:58am
Print Inflation likely to pick up: FY22 growth rate projected to slow to 4pc YoY ISLAMABAD: Pakistan’s GDP growth rate is projected to slow to four percent in fiscal year 2022 from 5.6 percent in... Published 07 Apr, 2022 05:15am
Business & Finance Italy Q4 2021 budget deficit narrows y/y to 3.0% of GDP, full year confirmed at 7.2% ROME: Italy’s public budget deficit narrowed in the fourth quarter of last year to 3.0% of gross domestic product,... Published 05 Apr, 2022 01:22pm
Print Covid-19 pandemic: Pakistan accumulates over $10bn new debt: ADB The report notes direct health costs of Covid-19 are highest in Pakistan (around $2,019 million) and Kazakhstan (around $900 million) Updated 27 Mar, 2022 12:45pm
Print Pakistan Housing Finance Project: WB lists risks to $85m additional financing ISLAMABAD: The World Bank has listed several risks to the $85 million “additional financing for the Pakistan... Updated 25 Mar, 2022 02:09pm
Editorials The upcoming budget EDITORIAL: Irrespective of the outcome of the vote of no-confidence, the budget for next fiscal year will have to be... Published 24 Mar, 2022 05:36am
Markets Philippine central bank sees wider c/a deficit in 2022, 2023 MANILA: The Philippine central bank said on Friday it had revised its current account and balance of payments... Published 18 Mar, 2022 11:42am
Opinion Pakistan at a crossroads — I The continuous failures and inability of the incumbent coalition government of Pakistan Tehreek-i-Insaf (PTI) to... Published 18 Mar, 2022 05:20am
Opinion Primary versus budget deficit Setting time bound quantitative targets for primary deficit, defined as minus interest and repayment of principal as... Published 14 Mar, 2022 07:01am
Business & Finance Japan fourth quarter GDP revised down TOKYO: Japan’s fourth-quarter growth was weaker than initially thought, revised data showed on Wednesday, with... Published 09 Mar, 2022 12:22pm
Business & Finance Record US trade deficit, slowing wholesale inventory gains seen curbing economic growth WASHINGTON: The US trade deficit widened to a record high in January as businesses imported more goods to rebuild... Published 09 Mar, 2022 06:44am
Editorials Budget exercise has begun EDITORIAL: The budget exercise has begun on schedule and the ministry of finance has reportedly already requested ... Published 08 Mar, 2022 05:15am
World China says military spending to grow 7.1 percent in 2022 BEIJING: China's military budget -- the second-largest in the world after the United States -- is set to increase by... Published 05 Mar, 2022 10:12am
Editorials ‘Wholesale planning for industrialisation’ EDITORIAL: It would have helped a great deal if Finance Minister Shaukat Tarin had spelled out in a little more... Published 03 Mar, 2022 04:39am
Opinion Tail-end of IMF programme: some likely scenarios With the successful sixth review board meeting of the IMF held on Feb 2, the uncertainty surrounding it has ended ... Published 08 Feb, 2022 06:10am
Print IMF forecasts real growth at 4pc at factor cost ISLAMABAD: The International Monetary Fund (IMF) has projected Pakistan’s real GDP growth at four percent at ... Updated 04 Feb, 2022 01:24pm
Business & Finance India sees GDP growth slowing to 8-8.5% in 2022/23 as risks rise NEW DELHI: India has forecast its economy will grow 8% to 8.5% for the fiscal year starting in April, down from 9.2%... Published 31 Jan, 2022 03:27pm
Print Baqir hopes IMF will revive loan plan KARACHI: Dr Reza Baqir, Governor State Bank of Pakistan (SBP) is confident that the International Monetary Fund ... Updated 27 Jan, 2022 01:32pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?