High-debt EU countries should cut debt ratio by minimum of 1pc of GDP a year: Germany BRUSSELS: Planned new European Union public debt rules should require governments of highly indebted countries to ... Published 07 Apr, 2023 06:06am
Business & Finance Average inflation projected at 27.5pc: Growth likely to decelerate to 0.6pc: ADB ISLAMABAD: Pakistan’s GDP growth is expected to decelerate significantly to 0.6 per cent in the fiscal year 2023... Published 05 Apr, 2023 06:16am
Opinion A possible way forward–II The rightsizing of the two levels of the government then needs be complemented by a move away from the direct... Published 04 Apr, 2023 03:24am
Markets Wall Street rises as bank fears fade NEW YORK: Wall Street’s main indexes climbed on Thursday as fears of a banking crisis eased, with rate-sensitive... Published 31 Mar, 2023 06:45am
Business & Finance PRGMEA exhorts FBR to release ST refunds timely LAHORE: The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has urged the Federal Board... Published 31 Mar, 2023 06:45am
World China will maintain certain level of growth amid transition: Premier Li BEIJING: China will maintain a certain level of economic expansion as it speeds up a transition towards higher... Published 27 Mar, 2023 05:59pm
Business & Finance S&P Global cuts 2024 euro zone GDP growth forecast to 1.0% MILAN: Rating agency S&P Global cut on Monday its 2024 euro zone growth forecast to 1.0% from 1.4% citing... Published 27 Mar, 2023 04:22pm
Print Policy efforts, 9th review’s success: Timely external aid will be critical: IMF ISLAMABAD: Timely financial assistance from external partners will be critical to support the Pakistani authorities’... Updated 25 Mar, 2023 06:05pm
Opinion Trying to look at Pakistan through Piketty’s prism – II 4- Pakistan is world’s only country where majority of the elected members of its parliament decided to give it a... Published 23 Mar, 2023 05:47am
Markets US Fed mulls more rate hikes amid banking uncertainty WASHINGTON: American banks will be paying especially close attention to the Federal Reserve’s interest-rate decision... Published 22 Mar, 2023 01:30pm
Opinion Trying to look at Pakistan through Piketty’s prism–I French economist Thomas Piketty’s erudite book Capital and Ideology published in 2019 is considered to be an... Updated 22 Mar, 2023 06:47am
Editorials Relief packages: a euphemism for subsidies EDITORIAL: Prime Minister Shehbaz Sharif has announced two relief packages, read subsidies, for the poor and... Published 22 Mar, 2023 06:24am
Pakistan Pakistan's ex finance chief Miftah warns against any kind of debt restructuring Difficult task to get China and the West to sit on one table for such an endeavour, he says Updated 16 Mar, 2023 09:46am
Business & Finance FPCCI proposes more regional trade to ease economic crisis KARACHI: President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Irfan Iqbal Sheikh has... Published 15 Mar, 2023 06:01am
Business & Finance EU ready to accept countries’ own fiscal tightening goals for 2024 BRUSSELS: The European Commission said on Wednesday it would back any fiscal tightening goals for 2024 by EU... Published 13 Mar, 2023 06:15am
Business & Finance Saudi Arabia posts budget surplus of $27.68bn in 2022 DUBAI: Saudi Arabia recorded a budget surplus of 103.9 billion riyals ($27.68 billion) in 2022, beating its own... Published 13 Mar, 2023 06:15am
Print IMF review has taken longer than it should have Dar also says govt very close to signing agreement Updated 10 Mar, 2023 08:40am
Markets China stocks open little changed on modest growth target; HK shares fall SHANGHAI: China’s major stock indexes opened subdued on Monday, after the country kicked off the annual session of... Published 06 Mar, 2023 10:30am
Opinion Textile industry: water management Unsustainable industrial water consumption has become a massive environmental sustainability challenge. Discharge of... Published 05 Mar, 2023 03:36am
Business & Finance Taiwan revises down 2023 GDP growth forecast on export slump TAIPEI: Taiwan’s trade-dependent economy is likely to grow more slowly this year than previously forecast, hit by ... Published 27 Feb, 2023 06:17am
Pakistan About one-quarter of Earth’s terrestrial surface now under cultivation: PHHSA chief LAHORE: Roughly one-quarter of the Earth’s terrestrial surface is now under cultivation with more land converted ... Published 26 Feb, 2023 03:27am
Business & Finance Better agri output: Govt urged to introduce policies with focus on small farmers ISLAMABAD: Agriculture economists and finance experts while stressing the need for immediate measures to increase... Published 24 Feb, 2023 06:00am
Opinion Why do all roads lead to more taxes? As a staff-level agreement between IMF (International Monetary Fund) and Pakistan following the ninth review of the... Published 22 Feb, 2023 03:30am
Print IMF, not govt, responsible for stalled lending? Ministry of Finance claims the government had been requesting IMF to send the mission since October, 2022 Updated 22 Feb, 2023 11:01am
Business & Finance Digitisation can add $60bn to economy in 7-8 years: OICCI KARACHI: Digitisation offers innovative employment prospects to 23 percent of Pakistan’s population that falls in... Published 17 Feb, 2023 06:00am
Business & Finance Malaysia will not reintroduce goods and services tax KUALA LUMPUR: Malaysia has no plans to reintroduce a goods and services tax (GST) or any other broad-based... Published 14 Feb, 2023 09:42am
Business & Finance Earthquake impact on Turkiye GDP unlikely to be as much as in 1999 DUBAI: The impact of last week’s earthquake on Turkey’s growth domestic product (GDP) is unlikely to be as... Published 12 Feb, 2023 02:58pm
Opinion Survival without the IMF Since the end of World War II, the World Bank and the International Monetary Fund (IMF) have emerged as the most... Updated 12 Feb, 2023 09:36pm
Opinion FBR, IMF & revenue targets The federal budget for fiscal year (FY) 2022-23 assigned an ambitious target of Rs. 7.470trillion to the Federal... Published 10 Feb, 2023 03:56am
Editorials The only way forward EDITORIAL: Credible media reports, local as well as international, indicate that there is a massive disconnect... Published 09 Feb, 2023 06:02am