Worst is yet to come Inflation and purchasing power erosion pinch is now reflected in volumetric sales’ reduction in products and... Updated 25 Sep, 2023 07:36am
Pakistan Downward revision: ADB sees Pakistan’s GDP growth to ‘recover modestly’ to 1.9% in FY24 Prospects closely tied to steadfast and consistent implementation of policy reforms to stabilise economy and rebuild fiscal, external buffers, it says Updated 20 Sep, 2023 10:56pm
Opinion Early warning signs The first quarter of 2023-24 is about to come to an end. It has been an eventful quarter. It started well with the... Updated 19 Sep, 2023 07:32am
Opinion Sales tax blues Given rampant sales tax evasion and slowdown in consumer demand, the government is highly unlikely to meet its... Published 11 Sep, 2023 06:32am
Business & Finance Ukraine’s GDP grows by 2.2pc in January to July 2023 KYIV: Ukraine’s gross domestic product grew by 2.2 percent year-on-year in the first seven months of 2023, the... Published 11 Sep, 2023 06:32am
World Venezuelan President Maduro to visit China BEIJING: Venezuelan President Nicolas Maduro will visit China from Friday, the foreign ministry in Beijing said, as... Published 08 Sep, 2023 10:44am
Business & Finance Saudi Arabia’s economy grows 1.2% in Q2 DUBAI: Saudi Arabia’s economy grew 1.2% in the second quarter, year-on-year, government data showed on Thursday,... Published 07 Sep, 2023 12:16pm
Opinion Revisiting economy’s direction ‘But putting growth at the center of economic policymaking is a mistake. While important, growth in the abstract ... Published 01 Sep, 2023 05:41am
BR Research Profiling agri lending The rural economy has historically suffered from the indifference of commercial bankers sitting in urban centers,... Published 28 Aug, 2023 08:47am
Print Caretaker govt unveils its approach to economy ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Saturday said that the interim government would focus ... Updated 27 Aug, 2023 11:09am
Business & Finance China should stick to ‘houses are for living, not for speculation’ BEIJING: China should adhere to the principle that “houses are for living in, not for speculation” for the time... Published 23 Aug, 2023 10:42am
Opinion Rising unemployment and falling real wages The devastation caused by the floods and the resulting supply shortages, along with severe import restrictions, has... Updated 22 Aug, 2023 06:53am
Business & Finance Taiwan sees economic growth this year at slowest in 8 years TAIPEI: Taiwan’s export-dependent economy will probably grow at its slowest pace in eight years this year, the... Published 21 Aug, 2023 06:43am
Business & Finance Indonesia Q2 GDP grows 5.17% y/y, above expectation JAKARTA: Indonesia’s economy grew 5.17% on an annual basis in the second quarter, the fastest pace in three quarters... Published 07 Aug, 2023 09:24am
Markets Lower sales weigh on UAE non-oil business activity in July DUBAI: Non-oil business activity in the United Arab Emirates eased in July as new orders slowed from a four-year... Published 03 Aug, 2023 10:27am
World India’s economy to hold top spot for GDP but not so much for jobs growth BENGALURU: India’s economy will grow at a solid pace for the rest of this fiscal year and next but well below its... Published 24 Jul, 2023 10:29am
Business & Finance 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
Print Additional revenue: Govt committed to targeting agri and construction sectors ISLAMABAD: The government has committed to the International Monetary Fund (IMF) to sustainably raise additional... Updated 19 Jul, 2023 09:11am
Print 8pc of GDP: IMF projects $28.361bn gross external financing needs ISLAMABAD: The International Monetary Fund (IMF) has projected Pakistan’s gross external financing needs at $28.361... Updated 19 Jul, 2023 09:43am
Business & Finance German economy may contract slightly in 2023: IMF BERLIN: Germany’s economic output may shrink slightly this year due to the energy price shock and tightening... Published 17 Jul, 2023 05:46pm
BR Research Looking up! The news flow is positive this week. The financial commitments from Saudi Arabia ($2 bn) and UAE ($1 bn) have poured... Updated 14 Jul, 2023 10:53am
Opinion Tax targets versus tax gap—I “…the FBR’s revenue target has been increased to Rs 9,415 billion, requiring a 31% increase over collection of... Updated 14 Jul, 2023 06:47am
Pakistan After SBA approval, this is how IMF projects Pakistan’s economy will perform in FY24 In contrast to the government’s targeted economic growth of 3.5%, the International Monetary Fund (IMF) has... Updated 13 Jul, 2023 06:22pm
Business & Finance IMF agreement to help govt achieve GDP growth target: PIAF LAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) Chairman Faheemur Rehman Saigol on Monday said... Published 04 Jul, 2023 05:07am
Markets BIS warns world economy at critical juncture in inflation fight LONDON: The world’s central bank umbrella body, the Bank for International Settlements (BIS), called on Sunday for... Published 25 Jun, 2023 05:50pm
World Fitch raises India FY24 GDP forecast to 6.3% on strong growth momentum MUMBAI: Fitch Ratings raised its growth forecast for the Indian economy to 6.3% for the current fiscal year, from 6%... Published 22 Jun, 2023 01:40pm
Print Moody’s disputes govt’s growth assumption Says Government of Pakistan’s budget lacks major revenue-raising or spending-containment measures to alleviate intense government liquidity pressures Updated 16 Jun, 2023 08:54am
Business & Finance New Zealand economy tips into recession WELLINGTON: New Zealand’s economy has fallen into a recession, according to official data released Thursday, with a... Published 15 Jun, 2023 11:15am
Opinion This is a time of deep introspection Pakistan is spiraling into abject poverty and is slipping further into the abyss. The World Bank (WB) reports that... Published 14 Jun, 2023 06:21am
Opinion The economy in FY2023-24 The economic prospects for Pakistan in 2023-24 have been presented in the Annual Plan prepared by the Planning... Published 13 Jun, 2023 06:00am
