White House, Republican team say no progress in debt ceiling talks
A second meeting on Friday between White House and Republican congressional negotiators on raising the federal government's $31.4 trillion debt ceiling broke...
US debt standoff overshadows G7 finance leaders’ meeting
A standoff over raising the U.S. debt ceiling overshadowed a meeting of Group of Seven (G7) finance leaders starting on Thursday, heightening...
G7 nations considering near-total ban on exports to Russia – Kyodo
The Group of Seven (G7) countries are considering a near-total ban on exports to Russia, Kyodo news agency reported on Friday, citing...
EU takes Pakistan off its “List of High-Risk Third Countries”
The European Union (EU) has removed Pakistan from the “List of High-Risk Third Countries” after which Pakistani businesses and individuals will no longer...
China spent $240 billion bailing out ‘Belt and Road’ countries – study
China spent $240 billion bailing out 22 developing countries between 2008 and 2021, with the amount soaring in recent years as more...
Govt again claims friendly countries will come through ‘in few days’
Minister for Planning and Development Ahsan Iqbal on Wednesday said that Pakistan is likely to get confirmation of economic assistance from friendly...
PM Shehbaz Sharif admits that politicians are responsible for the current “mess”
ISLAMABAD: On Tuesday while announcing the Rs 5 billion Ramzan Relief Packages, Rs 3.24 billion less than last year, Prime Minister acknowledged...
Dramatic redesign of Pakistan’s economic policies required to accelerate growth over 25 years
Pakistan’s economy is a major subject getting talkability amongst experts along with the general audience. Netizens, journalists alongside the youth are raising...
Are our economic managers flying blind?
The Dismal Science is also an inexact science, yes. But our horrible statistics departments have made it look like astrology
Govt preparing long-term LPG policy, petroleum levy set at Rs 5.5b for 2020-21
ISLAMABAD: The government is preparing a long-term Liquefied Petroleum Gas (LPG) policy aimed at increasing the commodity production, stabilising its price and...
Not running away, says KIA Pakistan’s CEO, despite serious challenges
KARACHI: KIA Lucky Motors (KLM) CEO Asif Rizvi admits Pakistan is facing ‘very difficult times’ but at the same time he cited...
SBP raises interest rate by 100bps to 13.25pc
--SBP governor says decision taken keeping in view upside inflationary pressures from exchange rate depreciation
KARACHI: The State Bank of Pakistan...
SBP calls for deep-rooted structural reforms to ensure economic stability
--'Govt's policy measures affected the performance of industrial sector and dampened manufacturing activities in FY19'
While Pakistan’s economy moved along the
stabilization phase led...
China to relax residency curbs, support employment
BEIJING: China will relax residency curbs in smaller
cities and support employment in rural areas and at small firms, the country’s
human resources ministry...
SCCI backs traders’ call for strike against ‘unfair taxation’
PESHAWAR: The Executive Committee of Sarhad Chamber of Commerce and Industry (SCCI) has announced complete support to the traders’ strike against the...