Tag: Economy

Urgent need to upgrade technical education: Dr Atta

ISLAMABAD: Eminent scientist and vice chairman of Prime Minister's Task Force on Technology-Driven Knowledge Economy Dr Attaur Rehman has stressed the need to upgrade Pakistan's...

PTI to make Pakistan economically, politically stable: Fawad

ISLAMABAD: Federal Minister for Information and Broadcasting Fawad Chaudhry said on Tuesday that the Pakistan Tehreek-e-Insaf (PTI) government, under the leadership of Prime Minister Imran...

PTI incapable of managing country, says Nawaz

--PML-N to boycott NA proceedings till production order for Saad Rafique is issued --Party to launch mass contact campaign from Dec 30   ISLAMABAD: Former prime minister Nawaz...

Ishaq Dar deplores economic policies of PTI government

ISLAMABAD: Former finance minister Ishaq Dar lamented the economic policies of Pakistan Tehreek-e-Insaf (PTI) government and said that they caused major setbacks to the...

Mystery shrouds Asad Umar’s resignation rumours

--Finance minister reportedly offered to resign after PM Imran, Tareen criticised him for giving SBP 'free hand' in devaluing rupee --Finance Ministry statement rejects resignation...

Govt’s non-transparency is hurting economy: Sherry

ISLAMABAD: Alarmed by the volatility brought about by the rupee’s plunge against the dollar on Friday and the government’s indecision and non-transparency regarding the...

No headway made in first round of talks with IMF

--PTI govt digs in heels over increasing tax rates, raising power tariff, devaluing currency and revealing details of financial deals with China --IMF says both...

PTI govt focusing on improving economy: Ali Awan

ISLAMABAD: Special Assistant to Prime Minister (SAPM) on Capital Development Authority (CDA) Affairs Ali Awan has said that the economy is being strengthened with...

French protesters rail against Macron’s fuel taxes with road blocks

PARIS: Thousands of French protesters hit out at higher fuel taxes and President Emmanuel Macron’s economic policies in demonstrations across motorways on Saturday, sparking...

Govt set to shock electricity consumers

--Govt decides to withdraw Rs146bn subsidy being given to domestic consumers --Power Ministry proposes up to Rs20.70 per unit increase in price of electricity to...

Pakistan averts financial crisis with Saudi, Chinese help

--Finance Minister Umar says no longer facing balance of payment crisis after $6bn package from Saudis, 'some assistance' from China --Foreign Minister Qureshi says Islamabad...

Seeking help from allies to reduce IMF dependence: Farrukh Saleem

ISLAMABAD: The government’s Spokesperson on Economy and Energy Affairs Dr Farrukh Saleem has said visiting friendly countries for financial assistance was a better option than...

Pakistan needs long-term economic planning, experts suggest

ISLAMABAD: Pakistan needs to abandon its short-term security-driven policy frameworks for connectivity for an extensive approach that privileges domestic economic interests and commerce, experts said...

China ready to help Pakistan stave off financial crisis, says envoy

--Ambassador Yao says criticism of CPEC 'baseless', China ready to clear reservations regarding project --Deputy envoy rubbishes rumours of Chinese debt trap, says all CPEC...

PTI govt seems clueless about economy: Bilawal

ISLAMABAD: Reacting to the increase in gas prices, Pakistan People’s Party Chairman (PPP) Bilawal Bhutto Zardari has said that the Pakistan Tehreek-e-Insaf (PTI) government seems...

IMF bailout package to be presented in parliament: Asad Umar

ISLAMABAD: Minister for Finance Asad Umar on Monday said the bailout package of the International Monetary Fund (IMF) would be presented in the parliament. “The Pakistan...

Govt spokesperson found ‘clueless’ about funds for housing project

New spokesperson appointed by the Pakistan Tehreek-e-Insaf (PTI) government on economy and energy issues Dr Farrukh Saleem didn’t look very convincing during his appearance...