Over 5m SMEs receive mere 7pc of private sector credit LAHORE: Despite the significant importance, over 5 million SMEs has been facing a huge credit gap, receiving only 7%... Published 18 Dec, 2023 06:42am
Business & Finance Philippine central bank sees narrower 2024 current account deficit MANILA: The Philippines’ current account deficit is expected to narrow to $9.5 billion, or 2.0% of gross domestic... Published 15 Dec, 2023 10:53am
Business & Finance Key policy rate kept unchanged at 22pc KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Tuesday kept the policy rate... Published 13 Dec, 2023 05:33am
Business & Finance PIDE underscores need for reducing policy rate by 50-100bps ISLAMABAD: The Pakistan Institute of Development Economics (PIDE) has suggested lowering down discount rate by 50 to... Published 12 Dec, 2023 05:28am
Print ‘Country is not getting new inflows from abroad’ ISLAMABAD: Pakistan’s Gross Domestic Product (GDP) has been estimated at 2.17 percent for the first quarter of the... Updated 11 Dec, 2023 09:09am
Print ‘$100bn export vision’: EAC charts course ISLAMABAD: The Export Advisory Council (EAC) on Friday held its inaugural meeting under the chairmanship of... Updated 09 Dec, 2023 09:53pm
Print Dar seeks global collaboration for economic prosperity ISLAMABAD: Leader of the House in Senate, Senator Mohammad Ishaq Dar on Friday emphasized the significance of... Updated 09 Dec, 2023 10:04am
Print Ways identified to salvage economy, back businesses Country’s top businessmen urge government to reform Federal Board of Revenue Updated 08 Dec, 2023 10:03am
Business & Finance Saudi Q3 GDP shrinks 4.4% y/y, in line with earlier estimates RIYADH: Saudi Arabia’s real gross domestic product (GDP) contracted by 4.4% in the third quarter, government data... Published 07 Dec, 2023 12:56pm
Print India to be world’s third-largest economy by 2030: S&P BENGALURU: India will remain the fastest-growing major economy for at least the next three years, setting it on... Published 06 Dec, 2023 04:27am
Opinion A revisit of trade components critical Exports fuel domestic productivity and therefore employment and at the same time constitute the most desired form of... Published 04 Dec, 2023 05:35am
Business & Finance Public health sector: Pakistan needs to spend 1pc of GDP every year: World Bank LAHORE: World Bank has estimated that Pakistan needed to spend one percent of current GDP, i.e. $4 billion, per year... Published 02 Dec, 2023 05:09am
Print GDP, exports and FDI potential: ‘Overregulation, low productivity main hindrance’ KARACHI: Overregulation and low productivity are preventing Pakistan from reaching its potential for GDP growth,... Updated 01 Dec, 2023 09:50am
Opinion Foreign currency requirement for taming inflation In the year 2016 an operational limit to the debt-ceiling was introduced whereby the annual federal deficit... Updated 30 Nov, 2023 05:17am
Print NAC lowers FY23 growth rate to -0.17pc ISLAMABAD: The National Accounts Committee (NAC) has revised the GDP growth rate downward for the fiscal year... Updated 29 Nov, 2023 09:19am
Business & Finance More hike in power tariffs opposed: World Bank to extend $2bn loan in FY24 ISLAMABAD: The World Bank (WB), Tuesday, while pushing for a policy shift for sustainable and viable power reforms,... Published 29 Nov, 2023 05:09am
World Climate change already reducing global GDP: report PARIS: Climate change is already shaving billions off the world’s economy, with developing countries hardest hit,... Published 28 Nov, 2023 11:39am
Print SBP governor hopes CA deficit to stay around 1.5pc of GDP KARACHI: The Pakistan Banking Awards 2023 ceremony was held on Friday evening here. Governor State Bank of Pakistan... Updated 26 Nov, 2023 09:41pm
Print Shamshad says expecting 2-2.5pc GDP growth ISLAMABAD: The caretaker Federal Minister for Finance, Revenue and Economic Affairs, Dr Shamshad Akhtar, reported... Updated 22 Nov, 2023 10:07am
Pakistan Climate change termed a ticking bomb waiting to go off ISLAMABAD: Pakistan People’s Party (PPP) Vice President Senator Sherry Rehman emphasised the urgency of addressing... Published 20 Nov, 2023 06:28am
Print IMF, govt reach SLA on first SBA review ISLAMABAD: The International Monetary Fund (IMF) staff and the Pakistani authorities have reached a staff-level... Updated 16 Nov, 2023 09:36am
Pakistan Boost in broadband fibre connectivity vital for growth: Minister ISLAMABAD: Boost in broadband fibre connectivity is vital for economic growth as for every 10 percent increase in... Published 15 Nov, 2023 06:09am
Opinion Estimation of the quarterly GDP Pakistan has committed to the IMF in the Memorandum of Economic and Financial Policies, as part of the Stand-by... Updated 14 Nov, 2023 05:42am
Editorials Moody’s report EDITORIAL: Moody’s recent reassessment of Pakistan’s vulnerability comes as no surprise: with exports a mere ... Updated 13 Nov, 2023 06:54am
Print PTI issues ‘white paper’ on state of economy ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) government put the fast dwindling economy of the country on the path of... Updated 13 Nov, 2023 08:56am
World Biden, Xi set to steal APEC spotlight with talks to steady ties WASHINGTON: US President Joe Biden and Chinese President Xi Jinping are expected to hold summit talks in San... Published 08 Nov, 2023 11:59am
Print Pakistan attracted $16bn in visitor spending in 2022: World Bank ISLAMABAD: Pakistan attracted $16 billion in visitor spending in 2022 which is projected to touch $30 billion in... Updated 08 Nov, 2023 01:24pm
Opinion SBP projections for 2023-24 The Annual Report for 2022-23 on the State of the Economy by the SBP has been released recently. Along with a... Published 07 Nov, 2023 07:02am
Opinion Crisis is the moment for home-grown solutions Containment of fiscal deficit should be and is the first priority. In this respect extensive data released on Q1... Updated 06 Nov, 2023 06:11am
Opinion A win-win situation I wonder how many people remember the invasion of locust hordes in Karachi in the sixties. I witnessed many of their... Updated 04 Nov, 2023 06:29am
