economic
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Economic revival, CPEC and Agenda 2047 – IV | The Express Tribune
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[ad_1] ISLAMABAD: The China-Pakistan Economic Corridor (CPEC) holds the potential to assist Pakistan in revitalising its economy and setting the stage for sustainable development. Following the successful completion of the first phase, CPEC has now entered its second phase. The long-term document of CPEC outlines industrialisation and agricultural cooperation as driving forces during this stage…
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China faces worst economic slump since 1990 amid stalled recovery
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[ad_1] A view of a street in China. — AFP/File China’s economy, as per official figures released on Wednesday, experienced one of the lowest growth rates in over three decades last year, with the country’s challenging economic condition attributed to a grave property crisis, slow consumption and global crisis. The figures align with expectations and…
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Economic activity picking-up, external pressures easing: IMF
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[ad_1] The IMF’s logo is seen at its headquarters in this photograph. — AFP/File International Monetary Fund’s (IMF) Deputy Managing Director Antoinette Sayeh Friday observed Pakistan’s economy is showing “tentative signs of activity picking-up and external pressures easing”, as the Executive Board approved the release of the second tranche under the Stand-By Arrangement (SBA). The IMF…
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Analysts urge politicians to draw up economic stability plans | The Express Tribune
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[ad_1] KARACHI: Analysts and market pundits have described 2024 as the most volatile year locally and globally because of elections, energy crises, tough conditionalities of the International Monetary Fund (IMF) programme, and the lack of clear directions from the upcoming government to address prevailing challenges. They said all local mainstream political parties contesting the general…
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Economic revival, CPEC and Agenda 2047 – III | The Express Tribune
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[ad_1] ISLAMABAD: Provincial tax systems and legal requirements further exacerbate the situation. The lack of harmonisation in provinces’ tax policies is one of the biggest bottlenecks to attracting foreign direct investment. Inconsistency is another issue in taxation policy, impacting the business community’s trust. The most concerning aspect of the system is that it consumes the…
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SIFC key to economic stability, says IT minister | The Express Tribune
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[ad_1] ISLAMABAD: Caretaker Federal Minister for Information Technology and Telecommunication, Dr Saif Umar, stated on Saturday that the Special Investment Facilitation Council (SIFC) functions as an effective platform for ensuring economic stability and making timely decisions in the public interest. In a video statement, Umar highlighted, “SIFC is instrumental in paving the way for digital…
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Economic revival, CPEC and Agenda 2047 – II | The Express Tribune
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[ad_1] ISLAMABAD: The ruling elite will have to realise that without overhauling its governance system and business environment, it can neither revive the economy nor achieve the goals of Agenda 2047. Thus, whether they like it or not, things will have to undergo drastic changes. After analysing the ground realities and setting targets, we have…
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Top IMF official sees improvement in Pakistan’s economic situation
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[ad_1] Pakistan’s Ambassador Masood Khan (centre) addressing an event along with officials of IFIs at Pakistan House in Washington on December 7, 2023. — X/@Masood__Khan A top International Monetary Fund (IMF) official has praised Pakistani authorities for delivering on the economic front while observing improvement in the economic conditions of the country. Bahador Bijani, an…
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Economic revival, CPEC and Agenda 2024 – I | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan is desperately looking for options to overcome economic and financial challenges. These are not new challenges. The economic and financial difficulties have been frustrating Pakistan for quite some time. The successive governments failed to present any viable solution to overcome these challenges. Instead, the successive governments contributed to worsening the economic and…
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Hajj Fund: enabling savings with economic development | The Express Tribune
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[ad_1] KARACHI: Hajj is the fifth pillar of Islam and is considered obligatory for every Muslim, once in a lifetime, who can afford expenses of the journey and has the required physical strength. Hajj is considered a physically and economically demanding journey that requires proper planning. At the societal level, Hajj not only builds up…
