Tag: Growth

Pakistan’s growth projected to slow to 3.7% in FY18-19: World Bank

--WB says informal sector provides two-thirds of total employment, but produces only around one-third of GDP --Forecasts global economic economy will decelerate to 2.9pc this...

Commission under consideration to sensitise policymakers about alarming population growth rate

ISLAMABAD: The government plans to formulate Population Commission of Pakistan and Population Task Force in order to sensitize policymakers about alarming population growth rate. The...

Government hopes to achieve 6pc GDP growth: Miftah

The government hopes to achieve GDP growth of six per cent during the current fiscal year, which will be the highest in last 10...

Human development key to growth, says CM to World Bank mission

KARACHI: Sindh Chief Minister Murad Ali Shah said on Friday that human development is the key to accelerate growth in the economy. This he said...

Japanese astronaut apologises for wrongly stating height growth in space

A Japanese astronaut has apologised for wrongly stating he has grown 9cm (3.5in) since arriving at the International Space Station (ISS) just over three...

Microfinance conference on innovation and growth held in Islamabad

  ISLAMABAD: A two-day microfinance conference on innovation and growth was held in Islamabad on Wednesday. Special Assistant to Prime Minister on Investment Dr Miftah...

Youth, education to be at the forefront of future Pakistan-Germany cooperation:...

ISLAMABAD: Martin Kobler, the new German Ambassador to Pakistan, said that youth and education would be at the forefront of future Pakistan-Germany cooperation, as over...

Experts urge for federal, provincial coordination

‘Growth needs to be inclusive, broad-based’ LAHORE: Punjab Finance Minister Dr Ayesha Ghaus Pasha has said that Punjab government is doing its best to and has...

Silkbank’s continued growth ascend-2017 midyear performance

Silkbank continued to reflect a robust earnings trajectory in Q2, outpacing Q1 by a massive 152%. Q2 Profit after Tax stood at PKR 342.4...

Industry to grow at 7.7% during FY17

    The Industrial sector of the country is expected to grow at 7.7 per cent during the ongoing fiscal year (2016-17) compared to the growth...

IMF urges key G20 countries to spend more for growth

  The International Monetary Fund (IMF) has warned risks to the global economy are growing, as it called on some G20 nations to boost government...

GDP grows by 4.45% in 2015-16 despite falling exports, low agri-production

Country’s BoP shrinks by 7.2% to -$2.525bn The country’s Gross Domestic Product (GDP) increased by 4.45 per cent during the last fiscal year despite falling...

Pakistan, China on right-track to meet growth targets: ADB

  Pakistan and China are on the right track to meet their growth targets, said Chinese media, quoting annual report of a new Asia Development...

Auto sales witness double-digit growth in 2015-16, up by 12%

    Sales of Pakistan’s locally assembled vehicles increased by 12 per cent to 257,600 units during the last fiscal year (2015-16), mainly because of rising...

Pakistan’s economy maintains its growth momentum, says SBP

    The State Bank of Pakistan on Friday released its Third Quarterly Report for FY16 on the state of Pakistan’s Economy. According to the Report,...

Economy to grow at 4.8 per cent in 2017: WB report

  The economic growth in Pakistan is projected to accelerate from 4.5% in 2016 to 4.8% in 2017, says a Wold Bank report. The growth would...

Pakistan’s growth decelerates to 4.5% in 2016: WB report

    In Pakistan, growth decelerated to 4.5 percent in 2016, down from 5.5 percent in 2015. However, 2017 may see a gradual pick up supported...