Floods could shrink Pakistan's GDP growth to 2.49% in FY23: AHL Brokerage house's research wing says annual average CPI reading to hit 19.7% in FY23 against earlier estimate of 18.6% Published 29 Aug, 2022 05:54pm
Print Expert for enforcing tax writ firmly ISLAMABAD: Former chairman Federal Board of Revenue (FBR) Shabbar Zaidi categorically said that the government has ... Updated 29 Aug, 2022 09:47am
Print Economic boost, FDI tied to political stability ISLAMABAD: Minister for Planning and Development Ahsan Iqbal has stated that political stability and consistency in... Updated 26 Aug, 2022 09:28am
Business & Finance eCIB: FPCCI urges SBP to decrease reflection period in view of current economic situation KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President, Irfan Iqbal Sheikh has urged... Published 25 Aug, 2022 07:14am
Opinion Fiscal performance in 2021-22 The results of fiscal operations for 2021-22 have been released. It is a spectacle of one of the worst fiscal... Published 24 Aug, 2022 05:08am
Editorials A nimble MPS? EDITORIAL: The Monetary Policy Statement (MPS) announced on 22 August 2022, as expected, kept the policy rate... Published 24 Aug, 2022 05:08am
Opinion Burgeoning budget deficit The information on fiscal operations in 2021-22 has just been released by the Ministry of Finance. These figures are... Published 23 Aug, 2022 05:56am
Business & Finance Rising budget deficit: PIAF calls for checks on govt spending, debt servicing LAHORE: The Pakistan Industrial and Traders Association Front (PIAF) has called for keeping check on government... Published 22 Aug, 2022 06:33am
Markets Philippine peso, rupiah lead losses as China data hits mood Asian currencies slipped on Monday, with the Philippine peso and Indonesian rupiah leading losses as disappointing... Published 15 Aug, 2022 11:24am
Business & Finance Japan’s GDP expands in Q2 after Covid curbs lifted TOKYO: Japan’s economy expanded in the three months to June, official data showed Monday, after the government... Published 15 Aug, 2022 10:17am
Print ‘Economic recovery continues despite challenges’ Healthy revenue growth, improved manufacturing and agricultural output boost growth Updated 13 Aug, 2022 09:27am
Markets Indonesia plans large energy subsidies for 2023 JAKARTA: Indonesia will allocate “very large” energy subsidies in 2023 to stabilise prices, even as the government... Published 08 Aug, 2022 03:35pm
Editorials The challenge of rising inflation EDITORIAL: Pakistan Bureau of Statistics (PBS) data on the July Consumer Price Index (CPI) of 24.9 percent... Published 03 Aug, 2022 05:56am
Opinion Unsustainable BoP The State Bank of Pakistan (SBP) has just released the numbers on the external balance of payments (BoP) position ... Published 02 Aug, 2022 05:36am
Editorials Economy: light at the end of the tunnel? EDITORIAL: The federal ministry of finance has uploaded the Monthly Economic Update for July on its website which... Published 01 Aug, 2022 06:51am
World Cyprus tourism rebounds despite sanctions-hit Russia plunge AYIA NAPA: Beside sparkling Mediterranean waters at the Cypriot resort town of Ayia Napa, the bars are bouncing with... Published 31 Jul, 2022 10:15am
Business & Finance US GDP data due with all eyes on possible recession WASHINGTON: The United States is set to release key data on economic growth Thursday and global investors are... Published 28 Jul, 2022 12:32pm
Pakistan Economy has slowed down due to political instability: report ISLAMABAD: Economy dampens due to political instability and budget lags to revive business confidence, according to... Published 28 Jul, 2022 04:41am
Business & Finance Mining sector likely to get status of industry Move aimed at facilitating its development as per rules of provincial governments Updated 27 Jul, 2022 11:54am
Editorials ‘Unwarranted’ market perceptions EDITORIAL: Acting Governor State Bank of Pakistan, Murtaza Syed, while responding to a foreign news agency in ... Published 26 Jul, 2022 04:31am
Print Weighed mainly by global commodity prices: SBP sees FY23 most challenging for economy Official says Pakistan’s import bill and political instability are main reasons for depreciation of the rupee Updated 21 Jul, 2022 11:24am
Opinion Boosting national economy for autarky Prime Minister Shehbaz Sharif has rightly remarked recently “Till when we would keep on going with a begging bowl?”... Published 20 Jul, 2022 05:48am
Opinion Economic round-up 2021-22 The just concluded fiscal year has been tumultuous. It was both economics and politics that made it extraordinary,... Updated 20 Jul, 2022 10:50am
Print Fitch, too, revises outlook to negative Affirms Pakistan's long-term foreign-currency (LTFC) issuer default rating (IDR) at “B-” Updated 20 Jul, 2022 09:18am
Markets Asian shares bounce as bets of bigger Fed rate hike ease BANGKOK: Asian currencies and equities firmed on Monday, as investors dialled back bets of a bigger interest rate... Published 19 Jul, 2022 06:00am
Print Fiscal consolidation: Economic, political uncertainty to challenge the pace: Moody’s States that credit profile of Pakistan reflects its low fiscal strength, weak institutions and governance strength Updated 19 Jul, 2022 11:04am
Markets Morgan Stanley trims India’s GDP forecast to 7.2% BENGALURU: Morgan Stanley cut its forecast for India’s annual growth to 7.2% for this year, as tighter financial... Published 18 Jul, 2022 01:07pm
Opinion The FY23 budget and Fund approval Pakistani administrations have become adept at presenting an annual budget to parliament with the required detailed... Published 18 Jul, 2022 07:09am
Print Miftah gives a detailed account: How country saved itself from bankruptcy Finance Minister says country expecting $4 billion from friendly countries to bridge the external financing gap Updated 17 Jul, 2022 03:51pm
Opinion A cruel IMF programme ‘The pandemic triggered a dramatic increase in public debt in developing economies, from 54 to 65 per cent of GDP... Published 15 Jul, 2022 06:20am