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
Print PM lays focus on tax reforms, sell-off process Says increasing tax collection is the foremost priority of the government Updated 07 Sep, 2023 09:51am
Print Economic update for August: Upward adjustment in energy tariffs, fuel price hike to strain inflationary pressures: MoF ISLAMABAD: The Finance Ministry Wednesday said the upward adjustment in energy tariffs and further increase in fuel... Updated 07 Sep, 2023 09:33am
World IMF projects Saudi Arabia budget deficit at 1.2% of GDP in 2023 DUBAI: The International Monetary Fund (IMF) projects Saudi Arabia to swing to a fiscal deficit of 1.2% of GDP in... Updated 06 Sep, 2023 07:35pm
World G20 summit: Who is coming to India, and who is not NEW DELHI: Leaders from the world’s top economies arrive in India on Friday for a two-day G20 summit overshadowed by... Published 06 Sep, 2023 11:39am
World Pakistan among countries in grip of debt problems LONDON: The persistent and damaging debt problems gripping a number of developing world nations will be a core topic... Published 03 Sep, 2023 02:57pm
Print Debt management: FD advocates balanced approach ISLAMABAD: Fiscal discipline is essential to maintain primary surplus as total public debt/revenue and debt... Updated 02 Sep, 2023 03:08pm
Opinion Revisiting economy’s direction ‘But putting growth at the center of economic policymaking is a mistake. While important, growth in the abstract ... Published 01 Sep, 2023 05:41am
Print Rising debt servicing emerges as hindrance: Projection of cut in C/A deficit subject to certain risks ISLAMABAD: The government projection of a reduction in the current account deficit to US$ 3.7 billion is subject to... Updated 01 Sep, 2023 09:11am
World India records strong 7.8 percent growth in June quarter NEW DELHI: India’s GDP grew by 7.8 percent in the June quarter, official figures showed Thursday, despite government... Published 31 Aug, 2023 07:34pm
Business & Finance Alvi highlights criticality of IT development for economic uplift ISLAMABAD: President Dr Arif Alvi said that Pakistan’s economic uplift was linked to the development of ... Published 31 Aug, 2023 06:00am
Opinion BoP projections: risk and uncertainty The year, 2022-23, closed with a truly remarkable reduction in the size of the current account deficit by 84% to ... Updated 29 Aug, 2023 06:44am
Business & Finance PIDE VC highlights issue of widening trade deficit ISLAMABAD: Vice Chancellor PIDE Dr Nadeem-ul-Haque has highlighted the pressing issue of Pakistan’s widening trade... Published 28 Aug, 2023 06:27am
Editorials The state of the economy EDITORIAL: Contractionary fiscal and monetary policies agreed with the International Monetary Fund (IMF) under the... Updated 24 Aug, 2023 06:44am
Opinion Fiscal discipline key to reforms Before Pakistan can embark on the long and tedious journey of structural reforms, fiscal discipline must be embraced... Published 23 Aug, 2023 05:50am
Print Inflows improved in July: IMF SBA gives comfort level to multilaterals, bilaterals: MEA officials ISLAMABAD: The staff level agreement on the Stand-By Arrangement (SBA) with the International Monetary Fund (IMF)... Updated 23 Aug, 2023 10:17am
Opinion Rising unemployment and falling real wages The devastation caused by the floods and the resulting supply shortages, along with severe import restrictions, has... Updated 22 Aug, 2023 06:53am
Print Courts can’t examine, implement economic, fiscal policies: SC ISLAMABAD: The Supreme Court said the government and not the courts can examine and implement economic and fiscal... Updated 22 Aug, 2023 09:57am
Print Power sector grabs finance minister’s immediate attention Caretaker Finance Minister Shamshad Akhtar visits Federal Board of Revenue to review progress so far on implementation of $3 billion Stand-by-Arrangement of the International Monetary Fund Updated 22 Aug, 2023 10:06am
Opinion Broadening the tax net-II: A solution to taxation woes? The narrative highlighting the importance of enhancing the number of tax filers also fails to take into account the... Published 18 Aug, 2023 06:06am
Opinion Pakistan mineral outlook Recently, an important conference, ‘Pakistan Mineral Summit’, has been organised in Islamabad by the Petroleum... Updated 16 Aug, 2023 06:18am
Editorials What happens when cash reigns supreme? EDITORIAL: In the last decade, authorities had supposedly lent focus to expand documentation of the economy. But,... Published 16 Aug, 2023 05:50am
Markets Japan’s Q2 GDP beats forecasts as exports zoom TOKYO: Japan’s economy grew much faster than expected in April-June, as brisk auto exports and tourist arrivals... Published 15 Aug, 2023 10:05am
Opinion CPEC — a game changer for Pakistan The China-Pakistan Economic Corridor (CPEC) project since its launch on April 20, 2015, by President Xi Jinping... Updated 12 Aug, 2023 07:35am
Print BRACE report lists factors leading to greater poverty ISLAMABAD: Rising inflation, particularly food inflation (highest in the history of Pakistan), increase in... Updated 11 Aug, 2023 09:29am
Print Rs9.4trn revenue collection target: FBR required to rely on policy, some other steps ISLAMABAD: The Federal Board of Revenue (FBR) will heavily rely on policy and administrative/ enforcement measures... Updated 09 Aug, 2023 09:27am
Print Updated CDMP as per SBA yet to be approved ISLAMABAD: The pledge for the Cabinet to approve an updated Circular Debt Management Plan (CDMP) by end-July 2023 as... Updated 09 Aug, 2023 09:16am
Opinion Rewiring the investment model Pakistan’s Investment to GDP ratio has remained stubbornly low compared to other emerging markets for many years.... Published 02 Aug, 2023 06:47am
Opinion Cotton ‘crisis’: challenges, opportunities, and way forward–I Stagnation in Pakistan’s rural economy has been ongoing over the last decade for a multitude of reasons. The... Published 02 Aug, 2023 06:47am
Opinion IMF’s SBF The IMF Stand-By Facility (SBF) of $3 billion has been in operation for two weeks now. Already, there is a big... Published 01 Aug, 2023 06:19am