ADB lists factors that have aggravated BoP position ISLAMABAD: The Asian Development Bank (ADB) on Thursday stated that the steep increase in energy price and food... Updated 28 Apr, 2023 08:50am
Print Operationalisation: World Bank to extend additional financing for CASA-1000 ISLAMABAD: The World Bank is to extend additional financing for CASA-1000 to meet extra payment obligations for... Updated 28 Apr, 2023 08:50am
Business & Finance Debt assessments should reflect growing share of domestic debt: World Bank WASHINGTON: Debt sustainability analyses carried out by the World Bank and International Monetary Fund should... Updated 27 Apr, 2023 09:02am
Opinion World Bank report an indictment of SOEs The World Bank has issued a report, which is in fact an indictment of Pakistan’s state-owned enterprises (SOEs).... Published 25 Apr, 2023 06:25am
Opinion Issues multiply on stalled IMF bailout The stand-off between the federal government and the Supreme Court of Pakistan is not going unnoticed in... Published 25 Apr, 2023 06:25am
Print All conditions for IMF staff-level agreement met: Dar ISLAMABAD: Federal Minister for Finance and Revenue Ishaq Dar has said that Saudi Arabia and the United Arab... Updated 25 Apr, 2023 09:03am
Opinion An immediate call for a second Bretton Woods The world is facing an existential threat in the shape of climate change crisis, with one of the main outcomes in ... Updated 21 Apr, 2023 07:03am
Print Smart meters, TMS: World Bank asks three Discos to start bidding process ISLAMABAD: World Bank (WB) has urged three power Distribution Companies (Discos), HESCO, MEPCO and PESCO, to... Updated 20 Apr, 2023 08:37am
Print Govt fails to implement WB-recommended tax reforms ISLAMABAD: The government has failed to fully implement the World Bank recommended major tax reforms for enhancing... Updated 20 Apr, 2023 08:35am
Opinion Remittances: boon or bane for growth?–I Pakistan is the sixth largest recipient of remittances in the world, with the State Bank of Pakistan declaring a... Published 19 Apr, 2023 06:36am
World Yellen to lay out U.S. economic priorities on China in Thursday speech WASHINGTON: U.S. Treasury Secretary Janet Yellen on Thursday will lay out the Biden administration's principal... Published 18 Apr, 2023 11:30pm
Editorials Federal public expenditure EDITORIAL: The World Bank’s recent report titled Pakistan Federal Public Expenditure Review 2023 projects savings... Updated 18 Apr, 2023 06:47am
Markets Central banks have yet to script final act of inflation fight as risks rise WASHINGTON: Major central banks may be deep into their drive to raise interest rates in hopes of killing inflation,... Published 17 Apr, 2023 11:12am
Opinion Debt – a source of rising concern During the ongoing World Bank/International Monetary Fund (IMF) spring annual meeting Gita Gopinath, the First ... Published 17 Apr, 2023 06:41am
Business & Finance Yellen urges further World Bank reforms this year WASHINGTON: The World Bank should take on added reform measures over the rest of this year, US Treasury Secretary... Published 17 Apr, 2023 06:41am
Opinion Future at stake: deindustrialization–II The analysis presented in the first part (carried by the newspaper on Wednesday) of this two-part series of article... Published 16 Apr, 2023 03:36am
World Ukraine's Marchenko says G7 support crucial for 'longer' war with Russia WASHINGTON: A new international economic support package of $115 billion gives Ukraine more confidence that it can... Published 15 Apr, 2023 11:39pm
Print World Bank estimates fall in GDP per capita income to $1,399 Says poverty will inevitably increase with pressures from weak labour markets and high inflation Updated 15 Apr, 2023 08:33pm
Print RISE-2 programme: Dar briefs Raiser on WB-backed reforms ISLAMABAD: Federal Minister for Finance and Revenue, Senator Mohammad Ishaq Dar held a meeting with Martin Raiser,... Updated 15 Apr, 2023 08:51am
Markets China is willing to implement debt disposal framework BEIJING: China reiterated it is willing to implement a debt disposal framework with other countries, People’s Bank... Published 14 Apr, 2023 11:02am
Opinion ‘Power transmission as ‘service’’ This is apropos a letter to the Editor ‘Power transmission as ‘service’’ carried by the newspaper on... Updated 14 Apr, 2023 06:55am
Opinion A retarding economic growth outlook: IMF and ‘Chicago boys’ in a fix ‘The International Monetary Fund warned that its outlook for global economic growth over the next five years is ... Updated 14 Apr, 2023 07:10am
Business & Finance World Bank members endorse moves to boost lending by $50bn over decade WASHINGTON: World Bank member countries have endorsed measures allowing a $50 billion lending boost over the next... Published 14 Apr, 2023 05:59am
Print World Bank ties recurrent budget shortfall to low fiscal revenue ISLAMABAD: Persistent low fiscal revenue is one of the drivers of Pakistan’s recurrent budget shortfall, as total... Updated 14 Apr, 2023 12:35pm
Business & Finance IMF chief urges world to avoid a ‘second Cold War’ WASHINGTON: Countries must do more to avert the costly consequences of growing global trade fragmentation, and help... Published 14 Apr, 2023 05:59am
Print Key secretaries, SBP governor in US to attend WBG-IMF meetings ISLAMABAD: A high-level Pakistan delegation, comprising Secretary Economic Affairs Division Dr Kazim Niaz, Secretary... Updated 14 Apr, 2023 08:43am
Technology Major issues hindering 5G launch identified ISLAMABAD: Economic instability and consumer affordability are the major challenges hindering launch of 5G in the... Published 13 Apr, 2023 06:37am
Print World Bank recognises grim spectre of food price rise Says food prices have been increasing for 11 consecutive months Updated 13 Apr, 2023 08:50am
Print Dar, others participate in IMF/WB meetings thru Zoom platform ISLAMABAD: Finance Minister Ishaq Dar attended IMF/ World Bank Spring meetings through Zoom from Islamabad with a... Updated 13 Apr, 2023 08:42am
World France a 'reliable' US ally but needs to engage China: minister WASHINGTON: France is a "strong and reliable" US ally, the country's Economy Minister Bruno Le Maire told AFP on... Published 12 Apr, 2023 10:39pm
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees