May 29, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Pakistan Economy

Govt projects Pakistan economy to grow at 3.94% in FY21

Govt projects Pakistan economy to grow at 3.94% in FY21

  • Estimate comes in stark contrast to earlier projections by the SBP and IMF that see growth between 1.5 and 2.5%
  • National Accounts Committee says recovery to come on back of strong turnaround in industrial sector.
Published 22 May, 2021 12:32am
Big banks stand out
BR Research

Big banks stand out

What if the assets base did not grow much? What if the interest rates were down from a year ago? Having muscle...
Published 03 Mar, 2021 07:35am
Pakistan’s economic growth prospects showing signs of improvement
Business & Finance

Pakistan’s economic growth prospects showing signs of improvement

  • Taking all these observations into account, YoY inflation for next month may remain between 5.5−7.5 percent.
  • The Monthly Economic Indicator (MEI), which is based on combining monthly data of indicators that are proven to be correlated with GDP at constant prices shows continued strong growth in January, in continuation with what was observed in the previous seven months.
Published 27 Feb, 2021 12:59pm
U.S. House Democrat slams Trump trade policies, urges Biden to work with allies
World

U.S. House Democrat slams Trump trade policies, urges Biden to work with allies

  • The head of the powerful U.S. House of Representatives Ways and Means Committee on Friday slammed what he called President Donald Trump’s “unsophisticated response” to China’s ambitions and called for a major recalibration of U.S. policies.
  • Chairman Richard Neal, a Democrat, urged the future administration of fellow-Democrat Joe Biden to formulate a package of programs and investment to counterbalance China.
Published 12 Dec, 2020 07:11pm
EU Commission chief sees more chance of no Brexit trade deal
World

EU Commission chief sees more chance of no Brexit trade deal

  • Britain is more likely to leave the European Union’s orbit on Dec. 31 without a trade deal than with an agreement, an EU official quoted the head of the European Commission.
  • A no-trade deal Brexit would damage the economies of northern Europe, send shockwaves through financial markets, snarl borders and sow chaos through the delicate supply chains which stretch across Europe and beyond.
Published 11 Dec, 2020 05:30pm