economy
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Will 2024 be miracle year for China’s economy?
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[ad_1] An urban building block in China. — AFP/File After a lacklustre post-COVID recovery, Beijing is faced with a difficult decision for 2024 and beyond: increase debt or decrease growth. This has cast serious doubt on the basis of China’s decades of remarkable growth. It was anticipated that after China abandoned its harsh COVID regulations,…
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Why Finland’s economy shrank by 0.9% in third quarter?
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[ad_1] Finnish and Nato flags flutter at the courtyard of the Foreign Ministry in Helsinki, Finland, ahead of accession to Nato on April 4. — AFP Preliminary data released on Tuesday by Statistics Finland indicated that the GDP of the country decreased in the third quarter following two quarters of growth in a consecutive time.…
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Inflation to dog world economy next year | The Express Tribune
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[ad_1] BENGALURU: High inflation will dog the world economy next year, with three-quarters of over 200 economists polled by Reuters saying the main risk is that it turns out higher than they forecast, suggesting interest rates will also remain higher for longer. Several central banks are still expected to begin cutting interest rates by the…
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Economy showing early signs of improvement: SBP | The Express Tribune
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[ad_1] KARACHI: Pakistan’s central bank has said that economic activities have bottomed out in July 2023 and a silver lining is now clearly visible, suggesting an early economic recovery backed partly by the reduction in global commodity prices and higher international growth forecast. The measures taken to cool down the economy in the previous year…
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JPMorgan chief paints bleak picture of world economy amid geopolitical tensions
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[ad_1] This still, taken from a video released on July 12, 2023, shows JPMorgan CEO Jamie Dimon speaking in an interview. — YouTube/The Economist JPMorgan CEO Jamie Dimon has said that the ongoing Russia-Ukraine war and the Israel-Hamas violence in the Middle East could have adverse impacts on the global economy the world was already reeling…
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‘Smooth general election’ to boost confidence in Pakistan’s economy: ADB
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[ad_1] Image of the ADB headquarters in the Philippines. — ADB The Asian Development Bank (ADB) has said that the economic reforms programme and a smooth general election are expected to boost confidence in Pakistan’s economy. The regional financial institution in its report released on Wednesday said Pakistan’s adherence to an economic adjustment programme through…
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Economy shows signs of recovery, says finance minister
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[ad_1] Caretaker Finance Minister Shamshad Akhtar addresses a press conference in this still taken from a video on September 25, 2023. — YouTube/Geo News Caretaker Finance Minister Shamshad Akhtar has said that the country’s economy is showing signs of recovery due to the steps taken by the interim government. She made the remarks a day…
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Oil bonded warehouse policy’s impact on economy | The Express Tribune
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[ad_1] ISLAMABAD: Recently, an oil bonded warehouse policy has been announced. This is one of the best and useful policies that one would have seen in recent years. Petroleum Division is the author of this policy along with input from relevant agencies like the Federal Board of Revenue (FBR), Customs and commerce ministry, who deserve…
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Govt mulls ordinance to digitise economy | The Express Tribune
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[ad_1] ISLAMABAD: In an effort to digitise the economy, the interim government is planning to bring legislative and administrative changes, besides empowering the Ministry of Information Technology to play the role of a data-gathering agency to broaden a narrow tax base of 4.2 million filers. Sources told The Express Tribune that various proposals to increase…
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How IMF sees Pakistan’s economy in the near future – Part I | The Express Tribune
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[ad_1] KARACHI: Pakistan’s economy has become a major topic of discussion, dominating coffee table conversations and boardroom debates alike. Never before have I witnessed the common folk engaging in discussions about economic intricacies and key indicators with such vivid detail. Given our psychological predisposition for mythological interpretations and our natural inclination for storytelling, each of…
