Business News
-
New government but old economic crisis | The Express Tribune
.
[ad_1] KARACHI: The economy is trapped in a vicious cycle as the balance of payments crisis emerges after every few years. Even though the government has changed, the economic challenges remain the same. The volatility in the currency exchange rate, the rising current account deficit and the challenges on the fiscal front at a time…
-
Moderate growth and high deficit | The Express Tribune
.
[ad_1] ISLAMABAD: A combination of domestic and external factors has pushed the economy into hot waters. In terms of some key economic indicators, the economy is in a similar situation as left by the PML-N government in 2018 – a moderate growth rate accompanied by high external and fiscal deficits. FY18 had closed with trade…
-
Utilise continuity in IT ministry | The Express Tribune
.
[ad_1] ISLAMABAD: Aminul Haq, federal minister for IT in the PTI government, has been sworn in as the minister for IT in the new government as well. Before any political supporter, or opponent, pounces on me, let me clarify that this article is not about politics. As a telecom professional, my submissions are absolutely non-political.…
-
Egypt gig economy workers face rough ride
.
[ad_1] Egypt’s gig economy is growing even as the workers have little physical or legal protection. Photo: AFP CAIRO: Young men on bikes and scooters zip through Cairo, Egypt’s sprawling megalopolis, dodging cars to deliver more than a million orders each day, with little physical or legal protection. Egypt’s digital gig economy is growing, as…
-
PM orders reduction in power loadshedding by next month | The Express Tribune
.
[ad_1] ISLAMABAD: Prime Minister Shehbaz Sharif on Sunday expressed his annoyance over the prolonged loadshedding duration causing public woes and directed for its conspicuous reduction by next month. He also directed for taking of steps to reduce power glitches on an emergency basis. Neither fuel was purchased by the PTI government nor power units were…
-
PM orders cut in load shedding duration by next month | The Express Tribune
.
[ad_1] LAHORE: Prime Minister Shehbaz Sharif expressed his annoyance over the prolonged load-shedding durations and directed the authorities concerned to take steps for significantly reduce the outages by the next month. According to Express News, Prime Minister Shehbaz directed for urgent measures to mitigate peoples problems, saying that neither he would rest, not would let…
-
Breakthrough in Pak-IMF bailout talks as $8bn package approved | The Express Tribune
.
[ad_1] ISLAMABAD: Pakistan and the International Monetary Fund (IMF) have agreed, in principle, to extend the stalled bailout programme by up to one year and increase the loan size to $8 billion, giving markets the much-needed stability and a breathing space to the new government. The understanding has been reached between Finance Minister Dr Miftah…
-
Breakthrough in Pak-IMF bailout talks, loan amount to be $8bn | The Express Tribune
.
[ad_1] ISLAMABAD: Pakistan and the International Monetary Fund (IMF) have agreed, in principle, to extend the stalled bailout programme by up to one year and increase the loan size to $8 billion, giving markets the much-needed stability and a breathing space to the new government. The understanding has been reached between Finance Minister Dr Miftah…
-
764 schemes of Rs2.3 trillion may face axe | The Express Tribune
.
[ad_1] ISLAMABAD: The planning ministry has proposed to the new government to close around 764 development projects, costing Rs2.3 trillion with a view to cleaning its own-created mess and creating fiscal space for the new projects. The ministry has given a briefing to Ahsan Iqbal while keeping in mind new ground realities – change of…
-
Boeing deliveries likely to be delayed | The Express Tribune
.
[ad_1] WASHINGTON: Boeing is preparing for a new delay in the 777X program that would push first deliveries by at least a year into early 2025, a source briefed on the matter told Reuters. The delay is in line with an estimate given by the plane’s biggest customer – Emirates Airlines – whose president, Tim…
