Pakistan’s inflation rate ringing alarm bells amid financial turmoil
The inflation rate in Pakistan has always been on the high side since the last couple of years. The average Pakistani has been in...
How unaffordable will the average cup of tea become?
LAHORE: The price of tea in the country is continuing on its upward march, with what was once an affordable and innocent habit quickly...
Miftah claims IMF “not interested” in providing Pakistan bailout
Former finance minister Miftah Ismail has claimed that the International Monetary Fund (IMF) is "not interested" in providing Pakistan with a bailout package.
Despite Sri...
Oil rises on Saudi plan to deepen output cuts from July
Oil prices rose by more than $1 a barrel on Monday after top crude exporter Saudi Arabia pledged to cut production by a further...
Why is China not rushing to fix its ailing economy?
With China at risk of tipping into prolonged stagnation and a spiralling property crisis threatening financial stability, there is growing unease over why its leaders are not...
Budget 2019-20: Salaried class to pay more taxes under PTI govt
Tax reliefs for salaried class introduced by the PML-N government have been withdrawn by the PTI led government in the latest budget.
21.74pc growth of food group exports in eight months
ISLAMABAD: Food group exports from the country during the first eight months of the current financial year grew by 21.74 per cent as compared to...
Ahead of budget, is the FPCCI off tangent?
On 25th May 2021, four of the country’s leading newspapers carried an appeal to the Honorable Prime Minister. Unlike the annual pre-budget industry lobbying,...
Pakistan’s Economic Woes
by Abbas Murtaza Maken and Syed Shujaat Ahmed
The dearth of economic accountability and transparency in Pakistan means that the size of the parallel economy...
Why does the choice of FBR chairman matter for Pakistan?
Whenever a chairman of the country's premier revenue body retires, infighting starts between the Custom service and Inland revenue service officers to capture the post
Auto sector bleeds red as dollar jumps to Rs118Â
KARACHI: The massive rupee devaluation of Rs7.5, which made the dollar to jump to Rs118, has had a negative affect on the auto sector,...
Fixed exchange rates risky for Pakistan’s plummeting foreign reserves, says Moody’s
Moody's maintained that higher interest to revenue in the baseline compared with floating exchange rates thrive under exchange rate shocks. Thus, deterioration in debt affordability could lower investors’ willingness to invest while making it harder for Pakistan to access foreign funding.
Oil prices slide on uncertainty over global economic outlook, rate hikes
Oil prices slipped on Monday as concerns about rising interest rates, the global economy and the outlook for fuel demand outweighed support from the...
IGI Investments (Private) Limited acquires majority biopharmaceutical companyÂ
IGI Holdings Limited is a Packages group company and was incorporated in 1953
Investors await financial assistance, remain undeterred by EM Review Â
The Pakistan Stock Exchange closed the week at 41,661 points, increasing (+0.66 per cent) from the previous week. The average daily turnover saw an...
