Business News
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Imran Khan, PM Shehbaz exchange blame for current economic crisis
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[ad_1] Prime Minister Shehbaz Sharif and PTI Chairman Imran Khan. — AFP/File Prime Minister Shehbaz Sharif blasted former premier and Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan Monday for criticising the incumbent government’s economic policies, saying that he had “conveniently forgotten…
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Exploring feasibility of 4-day workweek | The Express Tribune
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[ad_1] KARACHI: Many would express surprise, dismay, and a dismissive attitude at the mere thought of having a four-day workweek. Although the working patterns of today’s job requirements are drastically different from the previously mundane, industrialisation-induced monotonous physical work, with…
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Will mobile prices drop in Pakistan?
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[ad_1] A representational image of mobile phones. — Canva ISLAMABAD: As the mobile industry reels from the impact of the economic crunch triggered by high taxes and restrictions on imports, the government has decided to consider budget proposals submitted by…
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Another counter-cyclical approach to budget | The Express Tribune
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[ad_1] ISLAMABAD: Amidst multiple crises, the government is busy planning the budget. It is a humongous task given the prevailing situation. The government has to come up with innovative ideas to manage scarce resources and sustain the pressure of international…
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Call for budget reforms | The Express Tribune
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[ad_1] ISLAMABAD: With the annual budget season setting in, Pakistan is ready to present its fourth budget under the Public Finance Management Act (PFMA) 2019; though the whole exercise is just a ritual as the executive enjoys unlimited powers to…
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Curbs on black market can push remittances to $50b | The Express Tribune
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[ad_1] LAHORE: Foreign remittance service providers have voiced optimism that Pakistan’s remittances can surpass $50 billion per annum, if authorities restrain the black market, which they believe constitutes nearly 80% of the total market. They point out the black market…
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Sindh, Balochistan reluctant to give urea subsidy | The Express Tribune
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[ad_1] ISLAMABAD: Balochistan and Sindh seem to be reluctant to share subsidy on urea import, made to meet demand of farmers for cultivation of different crops. According to sources, Balochistan has refused to share the burden of urea subsidy whereas…
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No economic stabilisation after elections either: Shabbar Zaidi
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[ad_1] Former Federal Bureau of Revenue (FBR) chief Shabbar Zaidi. — Twitter/File LAHORE: Former Federal Bureau of Revenue (FBR) chief Shabbar Zaidi said Saturday the economy would not stabilise after the general elections as Pakistan sees one of its worst…
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Gold registers Rs1,100 drop in outgoing week
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[ad_1] This undated file photo shows gold bangles. — AFP As uncertainty around the US debt ceiling continued and investors looked at the Federal Reserve for future direction on the interest rate, the rate of gold fluctuated in both the…
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‘Economist Atif Mian oblivious to unprecedented political challenges of Pakistan’
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[ad_1] Economist Atif Mian and Finance Minister Ishaq Dar. — Corporate Finance Institute website/APP/Files Following economist Atif Mian’s take on Pakistan’s economy, the finance ministry has claimed that the Princeton University professor was “oblivious to unprecedented political challenges faced by the…
