Trends - gdp - Business Recorder

Editorials

There’s always a smell of shenanigans in the air

EDITORIAL: The government is desperate to fill the growing fiscal gaps. The space to finance a continuously high...

Published 02 Oct, 2023 06:33am

Business & Finance

IMF programme: Govt will deliver to secure $700m under SBA: Shamshad

ISLAMABAD: The caretaker government will deliver on the International Monetary Fund (IMF) programme to secure $700...

Updated 03 Oct, 2023 06:23am

Business & Finance

German GDP expected to contract by 0.6% this year

BERLIN: Five economic institutes are predicting gross domestic product (GDP) in Germany will contract by 0.6% in...

Published 28 Sep, 2023 03:07pm

Opinion

Engineering evolution or devolution?

Across the world, the engineering industry is one of the significant contributors to the economy. However, in...

Updated 27 Sep, 2023 06:59am

Opinion

Fall in industrial production

The estimate of the Quantum Index of Manufacturing (QIM) for the month of July 2023 has recently been released by ...

Updated 26 Sep, 2023 07:12am

Opinion

Escalating economic divide with India

The following is the first part of a two-part series of articles highlighting the differences between the economies...

Updated 25 Sep, 2023 07:34am

Opinion

Worst is yet to come

Inflation and purchasing power erosion pinch is now reflected in volumetric sales’ reduction in products and...

Updated 25 Sep, 2023 07:36am

Editorials

Pakistan: growth projections

EDITORIAL: Asian Development Bank (ADB) in its regular publication Asian Development Outlook lowered Pakistan’s...

Published 25 Sep, 2023 06:34am

Print

Economic model ‘flops’: Poverty hits 39.4pc mark, say World Bank officials

ISLAMABAD: Pakistan’s current economic development model is no longer reducing poverty and provides few benefits to...

Updated 23 Sep, 2023 05:38pm

World

Saudi crown prince says he does not care about ‘sportswashing’ claims

Saudi Arabian Crown Prince Mohammed bin Salman said he does not care about allegations of “sportswashing” against...

Updated 22 Sep, 2023 10:39pm

Opinion

Immovable fixed asset valuation and equity formation

We know the influence the IMF brings to bear on central bankers and policy makers in the developing world and we ...

Published 21 Sep, 2023 07:02am

Print

ADB revises growth downward to 1.9pc: Inflation revised upward to 25pc from 15pc

ISLAMABAD: The Asian Development Bank (ADB) has revised Pakistan’s GDP growth forecast for the fiscal year 2024 down...

Updated 21 Sep, 2023 09:37am

Opinion

Unraveling state of engineering industry

The industrial sector is unquestionably important to Pakistan’s economy, contributing significantly to its growth...

Updated 20 Sep, 2023 07:05am

Business & Finance

PBC apprises ministers about key challenges

ISLAMABAD: Pakistan Business Council (PBC) on Tuesday held meetings with caretaker Federal Ministers Dr Gohar Ejaz...

Updated 20 Sep, 2023 09:41am

Business & Finance

Global debt hits record $307trn

NEW YORK: Global debt hit a record $307 trillion in the second quarter of the year despite rising interest rates...

Published 20 Sep, 2023 06:28am

Opinion

Moving from failure to failure successfully?

Winston Churchill said, ‘Success is the ability to go from one failure to another with no loss of enthusiasm’....

Published 18 Sep, 2023 07:14am

Opinion

Private savings, govt dissaving: debt

Savings by an individual/householder or a government have different objectives and constraints and while a healthy...

Updated 18 Sep, 2023 07:33am

Print

Financial account not positive enough to cancel out rise in CAD: economist

ISLAMABAD: Pakistan’s financial account has not been positive enough to cancel out the increase in current account...

Updated 18 Sep, 2023 09:24am

Print

In a surprise move, policy rate kept unchanged

KARACHI: As against the market expectations, the Monetary Policy Committee (MPC) of the State Bank of Pakistan has...

Updated 15 Sep, 2023 09:51am

Print

Broadening tax base: IT ministry to lend a helping hand to FBR

ISLAMABAD: The Ministry of IT and Telecommunication would fully assist the Federal Board of Revenue (FBR) in...

Updated 15 Sep, 2023 08:53am

Business & Finance

Jul-Aug CAD declines 54pc to $935m YoY

KARACHI: The country’s current account deficit sharply declined by 54 percent during the first two months of this...

Published 15 Sep, 2023 06:31am

Opinion

The missing ingredients in Pakistan

Since the 18th Century, one country after another has experienced what Harvard economist Rostow called a “take off...

Updated 13 Sep, 2023 01:32pm

Opinion

Balochistan falls behind

Balochistan is the smallest province of Pakistan, with a share of 6.2% in the national population, according to the...

Published 12 Sep, 2023 06:56am

Opinion

Tax expenditure as subsidy to elites: myth or reality?

In the last ten or so years, economic issues and tax collection by FBR has been brought increasingly under focus....

Published 12 Sep, 2023 06:51am

Print

Water resource boost: SIFC directs ministry to map out 5-year plan

ISLAMABAD: The Special Investment Facilitation Council (SIFC) has directed the Ministry of Water Resources to chalk...

Updated 12 Sep, 2023 09:47am

Business & Finance

Need stressed to boost trade with ASEAN member countries

KARACHI: Pakistan has very cordial relations with the Association of East Asian Nations (ASEAN) member countries;...

Published 11 Sep, 2023 07:35am

Business & Finance

Speakers underscore need for abolishing distinction between filer and non-filer

ISLAMABAD: The speakers at the Pakistan Institute of Development Economics (PIDE) conference on Sunday said that the...

Published 11 Sep, 2023 07:21am

Opinion

Country needs structural reforms

This is apropos a Business Recorder op-ed “Broadening the tax net: A solution to taxation woes?” carried by the...

Published 11 Sep, 2023 06:32am

Opinion

Sales tax blues

Given rampant sales tax evasion and slowdown in consumer demand, the government is highly unlikely to meet its...

Published 11 Sep, 2023 06:32am

Business & Finance

Ukraine’s GDP grows by 2.2pc in January to July 2023

KYIV: Ukraine’s gross domestic product grew by 2.2 percent year-on-year in the first seven months of 2023, the...

Published 11 Sep, 2023 06:32am