Tag: Fiscal
Remittances grow by 12.5pc to $7.1b in first half of FY13
The Pakistanis working abroad remitted over $7.116 billion during the first half of the current fiscal year, from July to December 2012.
A central bank...
Oil mixed in Asia as US fiscal fears offset jobs data
Oil prices were mixed in Asian trade Monday as weak energy demand and concerns over more fiscal battles in Washington tempered news of a...
‘Hillary Clinton has blood clot in brain, full recovery expected’
Doctors are confident that Secretary of State Hillary Clinton will make a full recovery despite the discovery of a potentially dangerous blood clot between...
A lump of coal for ‘Fiscal Cliff-mas’
A traditionally quiet week could become hellish for traders as politicians in Washington are likely to fall short of an agreement to deal with...
Asian markets retreat as US fiscal cliff fears grow
Asian markets mostly fell on Friday after Republicans scrapped a vote on putting in place a back-up plan if talks on averting the US...
Oil prices dip on profit-taking, fiscal cliff deal concerns
Oil prices fell in Asia on Friday, with traders taking profits after a recent rally and as US politicians continue to wrangle over a...
Fiscal cliff may unbuild America
If you want a concrete example of the unanticipated harm that could come from the U.S. going over the fiscal cliff, look no further...
Global shares fall on US fiscal worry; oil up on China
China's vast manufacturing sector expanded in early December at the fastest pace in 14 months as new orders and employment rose, a survey showed,...
Holiday ‘on standby’ as clock ticks on cliff
Last-minute negotiations in Washington on the so-called fiscal cliff - nearly $600 billion of tax increases and spending cuts set to take effect in...
Global stocks, dollar up modestly after strong jobs data
The dollar edged up, though the currency was off its highs as investors parsed the details of the labor market report, one of the...
Fiscal deficit all set to widen by 6.5% of GDP in...
Despite positives like the inflow of $ 1.8 billion from the United States in August this year under the long-withheld Coalition Support Fund (CSF),...
Fiscal policy should be ‘growth friendly’: IMF body
The world economy needs to balance austerity with growth if it is to recover fully from the global financial crisis, a key IMF committee...
Exports > imports
The exports from the country witnessed positive growth of 4.26 percent while the imports decreased by 2.37 percent during the first quarter of the...
Even things out!
A new U.N. report advocates that governments use fiscal and labour market policies to reduce income inequality, maintaining that this not only leads to...
Saving our fiscal soul
The recently concluded FY12 augured well for the country which saw the countrymen managing to save a huge sum of over Rs 242 billion...
A cry beyond borders
Only improved foreign inflows can help as cash-strapped govt keeps borrowing billions from risk-averse banks
Having borrowed a record Rs 1.2 trillion from the banking...
Rs 208.5b subsidy planned for FY13
The federal government has earmarked Rs 208.595 billion in subsidies for the next fiscal year against last year’s allocation of Rs 166.448 billion, showing...
