Tag: Economy

ADB warns economy could suffer from political impasse

Nakao praises economic achievement of Pakistan, cites improving growth rate and foreign reserves ADB president says Bank would extend flood relief to Pakistan after it...

Economy performs well in one year amid challenges

Despite challenges, the country's economy has performed well during July to May of the outgoing fiscal year (2013-14) as suggested by major economic indicators...

Will Modi be Deng Xiaopeng or Vladimir Putin of India: asks...

As Indians elected Narendra Modi-who has a history of espousing anti-secularism nationalist ideology and vigorously pursuing development as leader of his Gujarat state-to be...

Experts call for long-term plan to reform economy

The economists on Thursday urged that the budget for the fiscal year 2014-15 should be formulated considering long term restructuring of the national economy. "The...

Foreign investment to swell beyond $3b in 6 years

The economic managers are all set to see the flow of foreign investment in the economically-troubled country accumulating beyond $ 3 billion, highest during...

Agri sector is base of country’s economy: Dar

ISLAMABAD Finance Minister Ishaq Dar on Saturday said that agriculture sector is base of country’s economy and plays pivotal role in supporting it therefore strategies...

Dollar falls against rupee as economy performs well

KARACHI Dollar has further depreciated against rupee which according to Finance Minister Ishaq Dar is that the country’s economy has performed well during the first...

Economy much better off than last year: Nawaz

ISLAMABAD Prime Minister Nawaz Sharif on Wednesday said the country’s economic situation had improved as compared to last year. “We have taken concrete measures to...

Foreign investment to boost economy, generate employment: PM

Prime Minister Nawaz Sharif Monday said foreign investment will provide the much-needed boost to Pakistan's economy and generate employment opportunities. Attending a presentation on mega...

Nation taken into confidence for talks with Taliban: Nawaz

Prime Minister Nawaz Sharif on Saturday said the nation has been taken into confidence for holding talks with the Taliban. Talking to media...

Dar tells IMF economy on ‘track’

Finance Minister Ishaq Dar on Monday informed the International Monetary Fund (IMF) officials that the government was following the economic reforms agenda and “nearly...

Economy boosted by IMF’s $6.6b allowance

The International Monetary Fund (IMF) has agreed that Pakistan can seek a loan package worth $6.6 billion, two top Finance ministry officials said, adding...

‘Rupee’s depreciation’s detrimental for economy’

Karachi Chamber of Commerce and Industry President Muhammad Haroon Agar on Friday expressed his deepest concerns over the recurring devaluation of the Rupee against...

Chinese investment to boost country’s economy

The Federation of Pakistan Chamber of Commerce and Industry and other chambers Tuesday, widely hailing billions of dollars of Chinese investment in different sectors...

Pakistan, China vow to promote regional peace, cooperation

  Pakistan and China on Friday resolved to promote policies aimed at advancing the cause of peace, cooperation and harmony and creating a win-win situation...

Economy to benefit Rs 3.5b from Keyal Khwar project

The construction of Rs 109.322 million Keyal Khwar Hydropower project will generate 122MW power and benefit the national economy Rs 3.5 billion per annum....

PML-N govt will make all-out efforts to revamp economy, overcome energy...

PML-N President Nawaz Sharif has said his government will make all-out efforts to revamp the economy and overcome the energy crisis on a priority...