economic
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Economic, financial cost of political chaos | The Express Tribune
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[ad_1] KARACHI: People are queuing outside the heavily guarded Ceylon Petroleum Corporation’s petrol station in the busy district of Colombo as fuel shortage is hurting the Asian nation of Sri Lanka, which is reeling from the worst economic crisis amid political chaos that may trigger a civil war. The world was already struggling to recover…
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Laws for economic management | The Express Tribune
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[ad_1] ISLAMABAD: After the landmark and watershed unanimous decision by the Supreme Court last week, which restored the National Assembly, the awareness about the constitution has gained more importance. It will be instructive to review our constitution to find the binding laws for economic management, which I consider a plausible basis for rules-based economic governance…
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Women participation to enhance economic growth | The Express Tribune
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[ad_1] KARACHI: Neglecting women empowerment and their participation in the job market is not conducive for the economy or businesses of Pakistan, said the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Irfan Iqbal Sheikh. Speaking to a delegation of women entrepreneurs on Saturday, he said that women made up 52% of Pakistan’s…
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SBP projects economic slowdown | The Express Tribune
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[ad_1] KARACHI: The State Bank of Pakistan (SBP) has voiced fear that surging global crude oil prices will pose a threat to the country’s economic activities, which could slow down. However, the central bank expressed confidence that a flexible rupee-dollar exchange rate and revised benchmark interest rate would help the economy sail out from the…
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BRI cooperation transforms economic landscape | The Express Tribune
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[ad_1] BEIJING: Cooperation with China under the framework of Belt and Road Initiative (BRI) “has transformed Pakistan’s economic landscape,” Pakistan’s Ambassador to China Moinul Haque said. In a recent interview with Xinhua, Haque spoke highly of the construction of the China-Pakistan Economic Corridor (CPEC), a flagship BRI project, saying it is “transformational” for his entire…
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Russians fear economic nightmare about to unfold | The Express Tribune
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[ad_1] In bright sunshine, a long queue of shoppers snaked outside an IKEA store near Moscow this week. Similar scenes were repeated across Russia as families rushed to spend their fast-depreciating roubles at the Swedish retailer which is exiting the crisis-hit country. Russians are bracing for an uncertain future of spiralling inflation, economic hardship and…
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A few essentials for economic security | The Express Tribune
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[ad_1] KARACHI: The government on December 28, 2021 approved the National Security Policy along with simultaneous approval of International Monetary Fund (IMF)-driven State Bank of Pakistan (SBP) bill, later ratified by parliament as well. Many consider the bill as a compromise on economic sovereignty. This article is an attempt to prove that how the bill…
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A recipe for rapid economic growth | The Express Tribune
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[ad_1] ISLAMABAD: The recent speech by Mian Mohammad Mansha, one of the most successful entrepreneurs of Pakistan, at the Lahore Chamber of Commerce and Industry was indeed a breath of fresh air. Unlike other industrialists, he did not ask for more protection for our poorly performing industries but asked for removing trade barriers. Similarly, he…
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Should IMF define Pakistan’s economic policies? | The Express Tribune
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[ad_1] ISLAMABAD: The latest IMF Country Report on Pakistan is out, and $1 billion are in. The report’s language is largely critical and cautionary. Whether one agrees with the IMF programme or not, one thing is clear – Pakistan’s economic direction, policy discussions and targeted reforms are all driven by the agreement with the IMF.…
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Mian Mansha gives recipe for rapid economic growth | The Express Tribune
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[ad_1] LAHORE: Noted industrialist and Nishat Group Chairman Mian Muhammad Mansha has given a recipe for rapid economic growth and termed progressive market-oriented policies, based on modern methods, the key to success. “Pakistan can achieve rapid economic growth by reducing trade barriers and minimising state’s influence on the economy through privatisation and austerity,” Mansha said…
