economy
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‘Had Imran-led govt continued, Pakistan’s economy would have collapsed’
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[ad_1] The country would have economically collapsed had the Pakistan Tehreek-e-Insaf (PTI) government completed its tenure, former Federal Bureau of Revenue (FBR) boss Shabbar Zaidi said. The PTI’s tenure was cut short in April 2022, when the government was ousted after Khan was removed as the prime minister through a no-confidence motion, paving the way…
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‘Economy needs political stability’ | The Express Tribune
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[ad_1] ISLAMABAD: Senator Irfanul Haque Siddique has said that economic stability was among the challenges faced by Pakistan which required political steadiness and continuation of economic policies. During a discussion with leaders of Pakistani community at Pakistan Embassy, Washington DC, the PML-N stalwart and senator maintained that unreliability and disruption in the policies could prove…
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Policy adjustments proposed to revitalise economy | The Express Tribune
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[ad_1] KARACHI: Prominent businessmen and industry leaders have presented a series of essential policy adjustments to revitalise Pakistan’s economy, emphasising the upcoming budget for the fiscal year 2023-2024 as a golden opportunity to foster growth, innovation, and sustainable development across various sectors. Leading a delegation from the Federation of Pakistan Chambers of Commerce and Industry…
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‘Economy is on the brink of collapse’ | The Express Tribune
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[ad_1] Experts in the field of economics have sounded the alarm on Pakistan’s economic future, urging the country to ramp up its exports and take control of its fiscal deficit. Speaking at a webinar entitled “The State of Pakistan’s Economy – Moving Forward,” hosted by journalist Talha Jatoi, the panel included Former Chief Economist of…
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Ex-finance minister sees economy in ‘trouble for next few months’
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[ad_1] As the nation continues its struggle to find a way forward, former finance minister Miftah Ismail — without giving a clear time period — warned that the economy would remain deep in the woods for the next few months more. In an exclusive interview with Geo.tv, the Pakistan Muslim League-Nawaz (PML-N) leaders were asked to…
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Govt taking urgent steps to stabilise economy: PM Shehbaz
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[ad_1] A delegation of global financial firm Rothschild & Co called on PM Shehbaz in Islamabad on February 20, 2023. PID Prime Minister Shehbaz Sharif said that his government was taking concrete and urgent measures as part of its efforts to put the economy on track. PM Shehbaz’s resolve comes at a time when the…
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Earthquake sends tremors through Turkey’s fragile economy
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[ad_1] A man carries musical instruments out of the his damaged shop in Antakya on February 18, 2023. — AFP/File ISTANBUL: Turkey was already battling runaway inflation and relying on rich allies for funding to keep its economy afloat when a massive earthquake killed tens of thousands, razed entire cities and left millions needing urgent…
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Dar’s bid to run economy sans IMF damaged Pakistan: Miftah
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[ad_1] Former finance minister Miftah Ismai and his successor Ishaq Dar. — AFP/Screengrab/BBC/File Pakistan Muslim League-Nawaz (PML-N) leader Miftah Ismail on Thursday took a jibe at his successor, Finance Minister Ishaq Dar, saying that the finmin spoke against him in public and questioned his ability. “I don’t know why Mr Dar was brought back but…
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Dear stakeholders, don’t push economy off the cliff | The Express Tribune
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[ad_1] KARACHI: Even from Pakistan’s standard, the outgoing year was a nightmare. Marred with domestic political uncertainty – compounded by a spike in energy prices and global interest rates hike – followed by pertinent delays in enacting the International Monetary Fund (IMF)-guided structural reforms, year 2022 was as challenging as challenges can be. Nevertheless, it’s…
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Pakistan’s economy grinding to a halt as dollars dry up
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[ad_1] This picture taken on January 11, 2023, shows a general view of the Karachi sea port. — AFP Thousands of containers packed with essential food items, raw materials and medical equipment have been held up at Pakistan’s Karachi port as the country grapples with a desperate foreign exchange crisis. A shortage of crucial dollars…
