IMF chief calls on central banks to continue inflation fight WASHINGTON: Central banks around the world should keep battling inflation by hiking interest rates despite ongoing... Published 07 Apr, 2023 12:18am
Opinion Public debt distress The unprecedented fiscal firepower used to protect the vulnerable from the harsh socio-economic impact of the... Updated 05 Apr, 2023 06:43am
Editorials Debt, fiscal challenges EDITORIAL: The Finance Ministry uploaded the Public Debt Bulletin and Fiscal Policy Statement on its website on... Published 05 Apr, 2023 06:16am
Business & Finance Lasting relief only possible with economic, agri reforms: PBIF chief KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum... Published 30 Mar, 2023 06:35am
Business & Finance World Bank warns of ‘lost decade’ of growth on China-led slowdown WASHINGTON: An anticipated economic slow-down in China is likely to drag global growth down to its lowest level this... Published 28 Mar, 2023 06:21am
Business & Finance OECD hikes growth outlook PARIS: The global economic outlook has improved from a few months ago as the inflation shock eases but rising... Published 18 Mar, 2023 06:14am
Pakistan UCP holds conference on climate change LAHORE: A two-day international conference on climate change challenges and responses started at University of... Published 16 Mar, 2023 06:01am
Opinion Has US shot the dollar in the foot? Who could’ve known that one of the unintended consequences of the Ukraine war would be the first signs of a shift... Published 09 Mar, 2023 06:23am
Opinion Energy security of Pakistan It is said, “Never waste a good crisis” … and Hilary Clinton added, “Don’t waste it when it can have a very positive... Published 09 Mar, 2023 06:23am
Opinion Economy: we need medication to correct account acidity On February 19, 2023 there was an article on Bloomberg titled China’s Debt Noose Could Strangle Pakistan by Mihir... Published 09 Mar, 2023 06:23am
Opinion Monetary-fiscal history of Latin America: lessons for Pakistan Pakistan today suffers from significant macroeconomic instability, high inflation, a currency crisis and a risk of a... Published 06 Mar, 2023 06:43am
Print Poor nations’ leaders unleash anger, despair Make pointed calls for developed powers to come good with billions of dollars of promised aid to help them escape poverty and battle climate change Updated 06 Mar, 2023 08:41am
Print No G20 joint statement after China objections on Ukraine war BENGALURU: G20 finance ministers failed Saturday to agree to a joint statement on the global economy at talks in... Updated 26 Feb, 2023 09:57am
World Global trade ‘resilient’ during Ukraine war: WTO GENEVA: Russia’s war in Ukraine did not dent global trade in 2022 as badly as feared, the World Trade Organization... Published 24 Feb, 2023 07:29am
Opinion Markets bracing for ‘no landing’ world economy scenario curb risk appetite Markets, bracing for a “no landing” scenario where global economic growth is resilient and inflation stays ... Updated 23 Feb, 2023 06:21am
Business & Finance Global debt sees first annual drop since 2015: IIF LONDON: The post-pandemic rebound in world growth and inflation last year meant the amount of debt sloshing around... Published 23 Feb, 2023 05:52am
Print IMF chief says markets have good reasons to be more upbeat on economy DUBAI: The head of the International Monetary Fund (IMF) said on Monday that financial markets have good reason to... Updated 14 Feb, 2023 09:03am
Business & Finance Central banks should stick to ‘higher for longer’ interest rate approach: IMF Global central banks need to make clear to financial markets the probable need for interest rates to remain higher... Published 02 Feb, 2023 08:32pm
World Saudi Arabia sees borrowing around 45bn riyals in 2023 DUBAI: Saudi Arabia, the world’s top oil exporter, expects its financing needs to be around 45 billion riyals ($12... Published 25 Jan, 2023 07:14pm
Business & Finance OPEC+ panel unlikely to tweak oil policy LONDON: An OPEC+ panel is likely to endorse the producer group’s current oil output policy when it meets next ... Published 25 Jan, 2023 06:25am
Markets Yellen says Russian oil price cap could save African countries $6bn annually DAKAR: Russia’s war against Ukraine is hitting Africans particularly hard by exacerbating food insecurity and... Published 23 Jan, 2023 08:13am
Business & Finance Most CEOs gloomy on growth in more than a decade: PwC survey DAVOS: Confidence among companies in their growth prospects has dropped the most since the 2007-08 global financial... Published 23 Jan, 2023 05:57am
Business & Finance Western climate subsidies risk hitting emerging markets: IMF DAVOS, (Switzerland): The head of the IMF warned Friday that Western subsidies to combat climate change and ... Published 21 Jan, 2023 06:46am
Opinion Debt, inequality and austerity ‘In most western countries, inequality is rising, and social mobility has stalled. Our citizens are losing... Published 20 Jan, 2023 06:44am
Print Food inflation highest in South Asia after Sri Lanka: World Bank ISLAMABAD: The consumer price inflation for food items in Pakistan was 35.5 per cent in December on year-on-year... Updated 19 Jan, 2023 08:41am
Opinion Economic slowdown will force workers into worse jobs: UN A global economic slowdown will force more workers into accepting lower quality, poorly paid jobs in 2023, while... Published 17 Jan, 2023 06:02am
Editorials Know thy economy EDITORIAL: The government of Pakistan’s comparative data revealed under the title “Know Your Economy” in the... Published 16 Jan, 2023 06:38am
Markets Oil gains 2pc on optimism over global economy NEW YORK: Oil prices rose 2 percent to a one-week high on Wednesday as hopes for an improved global economic outlook... Published 12 Jan, 2023 06:59am
Print World food prices hit record high in 2022 Food prices surged after Russia’s invasion of Ukraine in February last year on fears of disruptions to Black Sea trade Updated 07 Jan, 2023 08:55am
Business & Finance Oil prices fall nearly 5pc on worry over global economy NEW YORK: Oil fell nearly 5 percent on Wednesday after slumping in the previous session, weighed down by demand... Published 05 Jan, 2023 05:58am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?