economy
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Aurangzeb ‘better choice’ to manage Pakistan’s economy ahead of IMF talks: analysts
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[ad_1] Muhammad Aurangzeb officially takes over the responsibility as Finance Minister of Pakistan in Islamabad, on March 11, 2024. — Ministry of Finance Analysts termed former JPMorgan banker Muhammad Aurangzeb as a “better choice” to manage the country’s economy ahead of the crucial negotiations with the International Monetary Fund (IMF) for a fresh bailout package…
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Maximising zakat’s impact on economy | The Express Tribune
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[ad_1] KARACHI: Zakat, an essential pillar of Islam, holds remarkable promise not only as a religious duty but also as a driver of economic growth and societal welfare. It is calculated based on one’s accumulated wealth and assets, aiming to distribute resources among the community, particularly benefiting the less fortunate. However, its impact goes beyond…
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General elections and economy | The Express Tribune
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[ad_1] LAHORE: Elections have been held according to the announced date, which has ended the uncertainty surrounding the electoral process. Initially, the election campaign remained slow owing to the lingering uncertain political situation as the country had been in the grip of rumours that the tenure of caretaker setup will be extended by considering the…
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Super Bowl to generate $500m for Las Vegas economy
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[ad_1] Super Bowl advertisement illustration for the year 2024 in Las Vegas. — Super Bowl This weekend, you ought to be in Las Vegas as it is the setting for Super Bowl LVIII with a $500 million economic profit expected from the giant sports event. With a capacity of almost 65,000, Allegiant Stadium in Las…
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Election manifesto – PML-N’s cautious optimism on economy | The Express Tribune
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[ad_1] ISLAMABAD: The Pakistan Muslim League-Nawaz has unveiled a cautiously optimistic economic manifesto in a bid to strike a balance between high hopes of the people and harsh ground realities with regard to the country’s dire financial straits, setting mostly achievable goals without unravelling the economic stability. Some of the goals are largely in line…
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Nawaz Sharif’s tenure ‘best’ for Pakistan’s economy: analysis
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[ad_1] Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif. — X/@pmln_org A recent analysis has revealed that Pakistan’s economy had the best performance in the past three decades under Nawaz Sharif’s premiership as compared to his opponents. According to Bloomberg Economics, Sharif’s PML-N scored better than Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) and Bilawal Bhutto Zardari’s Pakistan Peoples Party…
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IMF warns of risks to economy despite stabilisation | The Express Tribune
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[ad_1] ISLAMABAD: The International Monetary Fund said on Saturday that Pakistan’s economy has stabilised but warned that serious risks have emerged to Islamabad’s debt sustainability and its ability to pay back the IMF loans. The caretaker government has managed to maintain economic stability on the back of decisive policy efforts, acknowledged the IMF in its…
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Pakistan’s economy to grow by 2-2.5% this FY: Shamshad | The Express Tribune
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[ad_1] KARACHI: Caretaker Finance Minister Dr Shamshad Akhtar projected on Saturday that the country’s economic growth will rebound by 2-2.5% in the current fiscal year. Virtually addressing the ‘IPO Summit 2024’, organized by Pakistan Stock Exchange (PSX), Dr Akhtar estimated the agriculture sector to grow by 5.6% and industrial sector by 2.5% in the year. She stood…
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China’s population shrinks for second consecutive year amid struggling economy — but why?
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[ad_1] People walk along a pedestrian street during a Labor Day holiday in Shanghai on May 1. — AFP/File In 2023, China’s population shrank for the second consecutive year, and the country reported a record-low birth rate resulting in a pattern that signalled the intensification of a demographic dilemma that is expected to have a…
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Struggle of one-job workers intensifies as gig economy booms
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[ad_1] Representational image of a worker doing office work. — Unsplash The rise of the gig economy has redefined work for many. As the gig economy flourishes, one-job workers find themselves ensnared in a relentless cycle, battling the pressures of a changing work landscape. CNBC‘s recent interview with sociologist Alexandrea Ravenelle sheds light on the…
