IMF, G20 fret over supply chain bottlenecks, inflation fears WASHINGTON: Global finance officials gathered in Washington on Wednesday were focused on finding a way to alleviate... Updated 15 Oct, 2021 09:25am
World Turkey set to receive 3.1bn euro loans to help Paris climate goals ANKARA: Turkey is set to receive loans worth 3.1 billion euros to help it meet clean energy goals set out in the... Updated 14 Oct, 2021 07:12pm
Business & Finance Need to step beyond 'conventional roles' to counter crisis: Dr Reza Baqir SBP governor shares three lessons on how central banks could handle a pandemic-like situation Published 13 Oct, 2021 03:07pm
Print Govt agrees to pass withheld power tariff raise on to consumers ISLAMABAD: The government has reportedly agreed to pass the withheld determined power tariff increase of Rs 1.39 per... Updated 13 Oct, 2021 09:56am
Editorials Govt needs Tarin more than he needs govt? EDITORIAL: The departure of Federal Finance Minister Shaukat Tarin to attend the International Monetary Fund... Updated 13 Oct, 2021 02:27pm
Print Tarin to become adviser to PM? ISLAMABAD: Finance Minister Shaukat Tarin is likely to be appointed as Adviser to Prime Minister on Finance on... Updated 12 Oct, 2021 09:41am
Print World Bank estimates Pakistan's external debt stocks at $108.53bn ISLAMABAD: The World Bank has estimated Pakistan's total external debt stocks at $108.530 billion by end 2020... Updated 12 Oct, 2021 10:17am
Print Poorer countries: WB seeks $100bn in donations WASHINGTON: The World Bank hopes to raise $100 billion in donations for the International Development Association... Published 12 Oct, 2021 03:23am
World Poor countries' debt rose 12% to record $860bn in 2020: World Bank WASHINGTON: The debt burden of the world's low-income countries rose 12% to a record $860 billion in 2020 as... Published 11 Oct, 2021 06:40pm
Markets IMF says still no decision on whether Georgieva keeps her job WASHINGTON: The International Monetary Fund said Sunday it still hasn't reached a decision on whether its embattled... Published 11 Oct, 2021 09:50am
Print IMF board meets for more talks on Georgieva's future WASHINGTON: The International Monetary Fund's executive board will meet again on Sunday with Managing Director... Updated 11 Oct, 2021 09:35am
Print Georgieva fights to keep IMF role, with decision expected 'very soon' WASHINGTON: Embattled International Monetary Fund chief Kristalina Georgieva was fighting for her professional life... Published 10 Oct, 2021 04:17am
World Georgieva fights to keep IMF role, with decision expected 'very soon' WASHINGTON: Embattled International Monetary Fund chief Kristalina Georgieva was fighting for her professional life... Updated 09 Oct, 2021 07:48pm
Print World Bank lowers GDP forecast, projects higher inflation in FY22 Report says that Pakistan's GDP is estimated to have grown by 3.5 percent in the fiscal year 2021 Updated 08 Oct, 2021 10:17am
World Cash airlifts planned to bypass Taliban and help Afghans BRUSSELS/FRANKFURT/WASHINGTON: As desperate Afghans resort to selling their belongings to buy food, international... Published 08 Oct, 2021 04:30am
Markets World Bank ups Russia's 2021 GDP forecast but warns of sanctions impact MOSCOW: Russia's economic recovery will be stronger than expected this year but US sanctions, a poor vaccination ... Published 06 Oct, 2021 11:43am
Print Commodity prices, interest rates: Poor country debt could worsen: WB chief CAIRO: The debt situation for poor countries could worsen due to volatile commodity prices and higher interest ... Updated 01 Oct, 2021 09:48am
World World Bank chief in Sudan for first visit in 40 years KHARTOUM: World Bank president David Malpass, in Sudan on Thursday for the first visit in nearly 40 years by a head... Updated 30 Sep, 2021 07:59pm
Print Afghan central bank drained dollar stockpile before Kabul fell FRANKFURT/MUMBAI: The Afghan central bank ran down most of its US dollar cash reserves in the weeks before the... Published 30 Sep, 2021 04:17am
Print Govt successfully completes six actions to cut circular debt: Omar ISLAMABAD: Federal Minister for Economic Affairs Omar Ayub Khan said that Pakistan successfully completed six ... Updated 30 Sep, 2021 10:38am
Technology In Pakistan, about 42.4pc of freelancers are in software development: World Bank ISLAMABAD: About 42.4 percent of freelancers in Pakistan are in software development, making up about 10.5 percent ... Updated 30 Sep, 2021 12:02pm
Markets World Bank cuts Thai GDP growth outlook to 1% this year BANGKOK: Thailand's economy is forecast to grow 1% this year, down from the 2.2% projected in July, hit by a spike ... Published 28 Sep, 2021 12:21pm
Markets World Bank says Delta variant slowing economic growth in East Asia and Pacific The East Asia and Pacific region's recovery has been undermined by the spread of the COVID-19 Delta variant, which ... Published 28 Sep, 2021 12:13pm
Print IMF chief says she ‘did not pressurise anyone’ while at WB WASHINGTON: After an investigation found she used her senior role at the World Bank to manipulate data in favor of... Published 26 Sep, 2021 04:38am
Opinion 'Rising stagflationary concerns' This is apropos a Business Recorder op-ed 'Rising stagflationary concerns' carried by the newspaper yesterday. That... Published 25 Sep, 2021 04:59am
Markets T5HP faces inordinate delay as donors not giving agreed funding ISLAMABAD: The 5th extension of Tarbela Hydropower Project (T5HP)is facing serious delay in implementation and ... Published 24 Sep, 2021 04:40am
World Crisis-hit Sri Lanka seeks World Bank Covid loan COLOMBO: Sri Lanka will seek an emergency loan of $100 million from the World Bank for a coronavirus vaccination... Published 23 Sep, 2021 04:35am
Editorials Increase in electricity charges EDITORIAL: Energy costs have risen by over 50 percent in one year – from 4.2 rupees per unit in August 2020 to 6.4... Published 23 Sep, 2021 04:35am
Print Fitch Solutions sees Pakistan's real GDP growth at 4.2pc in FY22 Islamabad: Pakistan’s economy is expected to record real GDP growth of 4.2 percent in the fiscal year 2021-22, up... Updated 21 Sep, 2021 10:54am
Print IMF chief denies altering WB report to appease China WASHINGTON: IMF chief Kristalina Georgieva on Thursday disputed an independent investigation which found that in her... Updated 18 Sep, 2021 09:55am