Tag: Economy

What to expect from the new govt

In 1999, Nawaz Sharif’s government was toppled by General PervezMusharaf mid-way into its five-year term. Since then a lot has changed in Pakistan. Musharaf...

Caretakers nursing bleeding economy to help Nawaz manage budget

With the newly-elected government of PML-N chief Nawaz Sharif set to takeover the reigns in around a fortnight's time, the caretaker regime is hectically...

Rs83.3 billion in federal spending under Raja unaccounted for

As much as Rs83.3 billion spent during the nine-month tenure of former prime minister Raja Pervez Ashraf are unaccounted for, revealing serious flaws in...

FEG to be scrapped in favor of 10th Five year plan

Dissention amongst the top ranks of economists in the country has lead the caretaker government to call for the scrapping of the Planning Commission’s...

Institutions, not whims, to run the country: Sartaj Aziz

In an interview with India’s The Tribune, Sartaj Aziz, who has twice served as Pakistan’s finance minister during Nawaz Sharif’s first and second terms...

Pakistan misses most targets for economic growth

Pakistan’s economy grew only 3.6% with Rs 341.2 billion being added to the nation’s economy during this year, according to the data available. The National...

Pakistan 31st in the black market hierarchy

Pakistan on Thursday was ranked 31st amidst 91 countries with an estimated black market net worth of $6bn. Pakistan was ranked 31st by Havocscope and...

Poland for economic cooperation with Pakistan

Poland is interested in further expanding economic and trade relations with Pakistan in all fields including energy generation which would give a new boost...

SBP yearly report shows twisted picture of economy: PEW

Holding the State Bank of Pakistan (SBP) partly responsible for the gloomy economic situation, the Pakistan Economy Watch (PEW) on Sunday said the has...

SMEs crash with crashing economy

The ongoing crisis of energy particularly load shedding of electricity and gas and frequent closures of gas stations in Pakistan has hit hard the...

2013 When economic optimism will finally be vindicated

Will the world economy be in better shape in 2013 than 2012? The Economist asked me to debate this question with Mohamed El-Erian, chief...

Five years of democratic rule proved difficult for masses, economy: IWCCI

Islamabad Women's Chamber of Commerce and Industry (IWCCI) on Saturday said the policies and performance of the government in the last five years had...

The political economy of 2013

Mohamed A. El-Erian is CEO and co-Chief Investment Officer of the global investment company PIMCO, with approximately $1.8 trillion in assets under management. He...

Class and the choppy waters of Pakistan’s political economy

For someone intellectually predisposed to viewing just about everything through the lens of class, learning how to navigate the choppy waters of Pakistan's political...

Wall Street economists see Fed’s Treasury buying ending in 2013: poll

Economists at nine of 16 primary dealers — the large financial institutions that do business directly with the Fed — said they expect the...

‘Transparent amnesty scheme is just what the economy needs’

A transparent tax amnesty scheme will help broadening the tax-to GDP ratio and boosting up our rusting economy, a business leader said Thursday. FBR’s...

‘Govt doing all to improve economy’

Religious Affairs Minister Syed Khurshid Ahmad Shah has said the government is making all out efforts to resolve the economic problems of the country....