[ad_1] ISLAMABAD: Caretaker Finance Minister Dr Shamshad Akhtar has stated that Exim Bank will play an important role in shaping Pakistan’s trade finance infrastructure. Speaking at the inauguration of Exim…
Tag: Economic distress
Fertilizer: a subsidy for dealers?
[ad_1] For a very long time, the government has been supplying gas at a subsidized rate to fertilizer companies (mainly to urea manufacturing plants where natural gas is the chief…
Mixed economic trends
[ad_1] The first five months of 2023-24 have witnessed upturns and downturns both globally and within Pakistan. There was earlier some evidence that the world economy was on the recovery…
MPS today
[ad_1] KARACHI: The meeting of the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) to be held today (Tuesday) to decide about the key policy rate. Governor…
SIFC making waves?
[ad_1] Special Facilitation Investment Committee (SIFC) was established by the Shehbaz Sharif-led government on 17 June 2023, and has since come under considerable criticism – by Shahbaz Sharif haters who…
The slowdown in real economy
[ad_1] Over the past month, it seems that the feel-good factor has returned. The stock market is in a bullish run and the currency is relatively stable. There are some…
Development of Special Technology Zones
[ad_1] Software development and IT-enabled services (ITeS) for data centres, technical service/call centres, and telecom services make up the majority of the Pakistani ICT industry. After India, Bangladesh, and the…
Next IMF programme is not going to be easy
[ad_1] The IMF review is ongoing, and it’s likely to sail through, as all the quantitative targets have been met. The potential issue could be the transition to the next…
Real reforms in sight?
[ad_1] The initial signs of real reforms are in sight. This includes crackdown on smuggling of goods and currencies through Afghanistan and Iran borders and reforms of the exchange companies…
Poverty on the rise
[ad_1] Poverty levels have risen from 34.2 percent in 2022 to 39.4 percent in 2023, pushing 12.5 million people below the poverty line as per data shared by World Bank…