Fiscal year 2023: GDP growth weighed down by tighter monetary, fiscal policies: ADB ISLAMABAD: GDP growth in Pakistan in fiscal year 2023 (ended 30 June 2023) was weighed down by tighter monetary and... Published 20 Jul, 2023 03:12am
Business & Finance Dar tells ADB team: Govt committed to completing IMF SBA ISLAMABAD: A delegation of Asian Development Bank (ADB) led by Country Director Young Ye, called on Federal Minister... Updated 20 Jul, 2023 09:30am
Pakistan FY23: ADB says Pakistan’s economy weighed down by tighter monetary, fiscal policies The Asian Development Bank (ADB) on Wednesday said Pakistan’s economic growth in the fiscal year 2023 remained lower... Published 19 Jul, 2023 04:30pm
Business & Finance Detailed report on SBA: IMF accuses energy sector of causing fiscal haemorrhage ISLAMABAD: The International Monetary Fund (IMF) has portrayed the energy (power and gas) sector as the major cause... Published 19 Jul, 2023 03:21am
World Indian tourists flock to Southeast Asia BANGKOK/NEW DELHI: Indian tourists are streaming into Southeast Asia, cementing the world most populous country’s... Published 18 Jul, 2023 05:51am
Opinion ‘Nexus thinking’ key to sustainable development in era of polycrisis We are living in an era of a polycrisis: the lingering effects of the COVID-19 pandemic, the climate emergency and... Updated 18 Jul, 2023 06:25am
Business & Finance ADB’s report identifies major economic challenges ISLAMABAD: Continued efforts toward fiscal consolidation and policy reforms will be key to improvements in... Published 14 Jul, 2023 06:22am
Opinion The ebb of external inflows The Ministry of Economic Affairs has released the statement of May 2023 on Disbursement of Foreign Economic... Updated 11 Jul, 2023 06:37am
Pakistan Flood Protection Sector Project-III: ECNEC forms inter-provincial steering body for monitoring ISLAMABAD: The Executive Committee of National Economic Council (ECNEC) has constituted inter-provincial Steering... Published 11 Jul, 2023 06:08am
Opinion SBA won’t cut it Fine, it was the single biggest one-day jump in the stock market in 15 years. But is it really that unbelievable,... Updated 06 Jul, 2023 06:20am
Pakistan Pakistan is market with highest potential: ADB lists factors stifling ‘SCF’ growth ISLAMABAD: Pakistan is the market with the highest potential in the region, however, several factors including legal... Published 05 Jul, 2023 06:00am
Business & Finance ‘Sectors and Themes’: ADB appoints Yasmin as VP ISLAMABAD: The Asian Development Bank (ADB) has appointed Fatima Yasmin as Vice-President for Sectors and Themes for... Published 29 Jun, 2023 04:19am
Print July-May: Govt borrows $8.613bn from multiple sources ISLAMABAD: The government has borrowed $8.613 billion from multiple financing sources including $900 million from... Updated 21 Jun, 2023 08:58am
Perspectives Power of retail bonds: a stable funding source for Asian governments Retail bonds are neither new nor terribly exciting financial instruments. However, they are proving powerful... Published 17 Jun, 2023 04:34pm
Pakistan FESCO GM for access of women in power sector through internship FAISALABAD: General Manager (GM) Operations Faisalabad Electric Supply Company (FESCO) Rana Muhammad Ayub has... Published 15 Jun, 2023 06:03am
Print Covid-19 Active Response & Expenditure Support: ADB’s IED terms ‘Pakistan Programme’ highly successful ISLAMABAD: The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has rated “Pakistan:... Updated 07 Jun, 2023 09:09am
Pakistan CDWP clears 10 projects worth Rs114.5bn ISLAMABAD: The Central Development Working Party (CDWP) cleared a total of 10 projects with a combined value of Rs... Published 02 Jun, 2023 03:56am
Pakistan Zargham Eshaq Khan assumes charge of acting NESPAK MD LAHORE: Muhammad Zargham Eshaq Khan, Vice President of National Engineering Services Pakistan Pvt Limited (NESPAK),... Published 01 Jun, 2023 03:34am
Business & Finance AAOIFI chief throws light on principles of Islamic capital markets ISLAMABAD: Sheikh Ebrahim Bin Khalifa Al Khalifa, Chairman, Board of Trustees, Accounting and Auditing Organization... Published 30 May, 2023 03:37am
World Debt-ridden Sri Lanka gets $350mn loan boost from Asian Development Bank COLOMBO: The Asian Development Bank (ADB) on Monday approved a $350 million special policy-based loan to provide... Published 29 May, 2023 02:01pm
Print PBS statement full of mistakes: economist ISLAMABAD: Realistic projections for the current year indicate that GDP growth will be negative 4 percent against... Updated 29 May, 2023 08:55am
Pakistan Sherry optimistic of IPSG assistant in ‘securing commitments’ for projects ISLAMABAD: Minister for Climate Change Sherry Rehman, Thursday, expressed hope that International Partners Support... Published 26 May, 2023 06:48am
Opinion Mapping the economics of imported coal-fired power plants Nepra (National Electric Power Regulatory Authority) has rejected the power generation tariff petition of Jamshoro... Updated 24 May, 2023 07:02am
Business & Finance Regime change in Afghanistan hits Pakistan’s connectivity with other CAREC states: ADB ISLAMABAD: Instability and regime change in Afghanistan have affected Pakistan’s connectivity with other Central... Published 19 May, 2023 06:17am
Print Jul-Apr foreign borrowings down 37.7pc to $8.123bn YoY ISLAMABAD: The government has borrowed $8.123 billion from multiple financing sources including $900 million from... Updated 19 May, 2023 09:25am
Business & Finance Operationalisation of EXIMBP: TA project rated less than relevant, less than successful by ADB arm ISLAMABAD: The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has rated technical... Published 17 May, 2023 06:22am
Pakistan Various sectors: WB explains how adoption of 4IR can help create more jobs ISLAMABAD: The adoption of the Fourth Industrial Revolution (4IR) could create 11 percent more jobs, over and beyond... Published 16 May, 2023 03:23am
Business & Finance Jul-Dec: Govt inks $3.9bn new loan agreements ISLAMABAD: The government has signed new loan agreements worth $3.904 billion with development partners during the... Published 10 May, 2023 06:03am
Opinion Partly Facetious: An elite capture without qualifications “Let’s say I am a bank manager and you are one of my biggest borrowers, you never implement structural changes... Published 04 May, 2023 04:26am
Business & Finance Economy: ADB chief vows continuous support SEOUL: Acknowledging quick stabilization measures taken by Pakistan to put the national economy back on track, Asian... Published 03 May, 2023 06:35am
