The author is an Assistant News Editor at Profit by Pakistan Today. His works have been published in Dawn, Express Tribune, LiveMint India, Huffingtonpost India and The News on Sunday. He tweets @MohammadFarooq_
EconomyDuring the financial year 2017-18, the company issued right shares to partially finance the investment for the revival of car assembly facility and allied activities for Datsun passenger car project
EconomyAs of January 2019, the total number of active social media users was recorded at 37 million and active social media users as a percentage of the population were 18%
EconomyS&P cautions fiscal and external imbalances will remain elevated despite securing financial aid from bilateral partners
EconomyJanuary exhibited a rebound in net non-resident portfolio flows to emerging markets and IIF estimates that EM securities attracted $51.1 billion of foreign capital in January, the highest level in twelve months
EconomyChallenges to Pakistan’s economy persist despite narrowing as the current account deficit remains high, the fiscal deficit is elevated, and core inflation remains continuingly high, said SBP
EconomyIt projected the deficit to widen to 6% of GDP in fiscal 2019 due to revenue growth possibly being below government forecasts, slower economic growth and the new revenue-based incentives
EconomyThe central bank said the country’s informal exports were higher than its formal exports and projections by industry experts put the total size of its ICT exports at $2.5 billion
HeadlinesIn November, UBL had announced it would voluntarily liquidate and surrender its banking license in New York as per the applicable rules and regulations
EconomyImproved transparency regarding CPEC projects will aid Pakistan’s efforts in the renegotiation of an IMF bailout, which if sanctioned could provide its struggling economy with much required economic relief, said Fitch Solutions
EconomyThe gross financing requirements remain high, notwithstanding a fall in current account deficit as sovereign debt service will grow to $7-9 billion a year over the next three years, said Fitch Ratings
FeaturedMeasures announced in the mini-budget, the confusing stance regarding approaching the IMF could weigh heavily on the government's ability to tackle the issues threatening the economy
EconomyUN said changes in trade policy can greatly decrease the rising trade costs across the region, facilitate the access to foreign inputs to exporters and enable the participation in global value chains (GVCs)