Tag: Economy

Projects in West-Central Asia Zone to boost Pak’s economy

  Implementation of China Pakistan Economic Corridor (CPEC), increasing manufacturing, and infrastructure projects in the West-Central Asia Zone are strong factors that will boost Pakistan's...

Global growth will be disappointing in 2016: IMF chief

  Global economic growth will be "disappointing" next year, the head of the International Monetary Fund (IMF) said in a guest article for German newspaper...

Pakistan fast emerging on global map with strong economic indicators: PM

  Prime Minister Muhammad Nawaz Sharif on Tuesday said that Pakistan is fast emerging on the global map as a country with strong macroeconomic indicators. “We...

China to keep economic stimulus in 2016: Bloomberg

  China is expected to keep its stimulus measures including interest rate cuts in 2016 to underpin economic growth, Bloomberg economists have said. "The central bank...

Govt plugging the dam with a finger

Think-tank says govt met IMF targets through ‘creative’ accounting Says govt able to show low fiscal debt by restricting funds transfers to defence establishment and...

Dar sees vast scope for Islamic banking in Pakistan

  Finance Minister Senator Ishaq Dar said on Wednesday that there is a vast scope for Islamic Banking in Pakistan and the government is encouraging...

PM says Pakistan wants speedy implementation of CASA-1000

Pak, Tajikistan agree to further expand cooperation in energy, defence, security, education and culture; Sign seven agreements and MoUs Pakistan and Tajikistan have agreed to...

Economic indicators stay positive, showing upward growth

  Despite several challenges, the country's economy has been performing well and is on an upward trajectory with consistent positive indicators over a period of...

Enhanced taxes on imported fuel hurting masses, economy: PBIF

Increased taxes on imported fuel continue to hurt common man and economy while depriving masses from benefit of receding oil prices in the international...

Rs250 billion lost due to corrupt practices

Government should introduce tax and collateral reforms to bring dead capital worth tens of billions to life which can revolutionise economy in a short...

Sharif govt successful in turning economy around, says Bloomberg report

Economic monitoring organisation Bloomberg has lauded the Nawaz Sharif government for successfully turning the economy of Pakistan around. A report said that the civilian government...

Underperforming economy misses most targets: report

IPR’s Dr Hafeez Pasha says economy would fall well short of its target growth rate of 5.1 per cent Despite government’s ambitious plans, Pakistan’s economy...

With ‘mostly unfree’ economy, Pakistan fares better than neighbours in Economic...

  Pakistan ranks at 121, out of 178 countries, on the 2015 Economic Freedom Index published by the The Wall Street Journal and The Heritage...

New Saudi leaders to press efforts to diversify economy

A 50 percent fall in world oil prices since last June has left Saudi Arabia projecting its first budget deficit since 2011, emphasising the need to diversify.

Saudi crown prince blames weak global economy for oil ‘tensions’

A weak global economy is the main reason for "tensions" in world oil markets, Saudi Arabia's crown prince said on Tuesday, in a speech...

Putin says his grip on power is firm and economy will...

Russian president says Moscow would adjust to low oil prices, but gives no recipe for turning economy around President Vladimir Putin vowed Thursday that Russia...

Democracy nursed ailing economy back to health, says Rashid

Minister for Information, Broadcasting and National Heritage Senator Pervaiz Rashid said Tuesday that the recent good news on the economic front was the fruit...