Finance Minister seeks support to stimulate economic recovery

ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin sought support from development partners to stimulate economic recovery during the ‘challenging’ third wave of the coronavirus. “The third wave of COVID-19 is particularly challenging and Pakistan needs support of development

Provide incentives to overcome economic crisis: Mirza Ikhtiar Baig

Mirza Ikhtiar Baig is a renowned industrialist and businessman with over thirty years of experience in various sectors of Pakistan. He is the Chairman of Baig Group operating in diversified fields in Pakistan, UAE and other countries. He is also

Economic greed

The government is trying its best to develop the economy under difficult circumstances as we are facing an economic and health crisis. Yet, there is no end to the insatiable greed of businessmen and industrialists who are only thinking about

Pandemic and economic collapse

The global economy is expected to contract sharply during 2020 as a consequence of the ongoing coronavirus pandemic. This could turn into the worst recession since the 2008 financial crisis. The year 2020 was once projected to be the most

World Economic Forum: PM Khan to leave for Davos today

ISLAMABAD: Prime Minister Imran Khan will travel on a three-day official visit to Davos, Switzerland on Tuesday to attend World Economic Forum. The Prime Minister is planned to leave for Davos on Tuesday to attend World Economic Forum and to

Economic stability reaffirmed

After Moodys raised Pakistan’s economic outlook to stable last month, another top rating credit agency Fitch has reaffirmed the country’s long-term rating with a stable outlook. The improvements in Pakistan’s economy have now been realized by two of the top

Federal cabinet discusses economic, political situation

ISLAMABAD: Prime Minister Imran Khan will launch a comprehensive programme worth six billion rupees to provide essential edible items on subsidised rates to deserving people. Briefing media about decisions taken in the cabinet meeting, Special Assistant to Prime Minister on

PTI govt’s economic policies brought stability in Pakistan: PM

ISLAMABAD: Prime Minister Imran Khan on Monday has claimed that the present government’s policies have resulted in economic stability and increased the business community’s confidence despite the difficult economic situation. He also stressed upon extending of further facilitation to the business

KP govt takes pragmatic steps in economic sector, says CM

PESHAWAR: Chief Minister Mahmood Khan on Wednesday said the Khyber Pakhtunkhwa government was focusing on industrialisation to ensure the increase in revenue generation. Mahmood Khan said the government was undertaking reforms in every sector to attract foreign and domestic investors,

FDI, tax base increased due to economic policies: minister

ISLAMABAD: Minister for Economic Affairs Hammad Azhar has said current account and fiscal deficits have decreased, while foreign direct investment and tax base of the country have increased due to prudent economic policies of the government. Addressing a news conference,

World Bank appreciates efforts toward economic turnaround

ISLAMABAD: The World Bank has recognised the efforts of the government towards economic turnaround, reducing expenditures, practicing austerity and initiating reforms in critical sectors of the economy. Prime Minister Imran khan on Thursday received president World Bank group Mr David

Minister discusses economic cooperation with Japanese envoy

ISLAMABAD: Ambassador of Japan Kuninori Matsuda called on the Federal Minister for Economic Affairs Hammad Azhar on Friday and discussed a range of matters relating to bilateral economic cooperation, trade, investment and transfer of technology. Secretary Economic Affairs Division Noor

Global economic outlook ‘precarious,’ warns IMF

WASHINGTON: The world economy is slowing to its weakest pace since the global financial crisis, as the US-China trade war and other factors like Brexit undercut business confidence and investment, the IMF said on Tuesday. It warned that the outlook