economy
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How to get economy moving again? | The Express Tribune
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[ad_1] ISLAMABAD: As a new coalition government has been formed at the centre, the incoming premier seeks to reset major economic reforms and has received a great deal of attention for his ambitious plans to address Pakistan’s long-term budget and fiscal health difficulties. Though we have yet to see him pitching an ambitious legislative agenda…
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Political economy of coalition government | The Express Tribune
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[ad_1] ISLAMABAD: A new multi-party coalition government has taken oath in Pakistan. It has a lot of challenges, especially regarding the economy and governance. The major one is the political economy of a coalition government since the literature largely explains that coalition governments perform badly. This article not only provides its causes but also explains…
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Time to sign Charter of Economy! | The Express Tribune
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[ad_1] KARACHI: There are a few macro indicators that are used (actually misused) by the politicians depending on which side of the floor they are occupying in the house. For instance, increasing petrol prices is the source of all evils if you are in the opposition but makes absolute economic sense if you are sitting…
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Charter of Economy missing from EAC terms of reference | The Express Tribune
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[ad_1] KARACHI: Welcoming the establishment of the Economic Advisory Council (EAC), the business advocacy group Pakistan Business Council (PBC) has pointed out that ministers of commerce and industries have not been included in the board and it also lacks representatives of sectors like agriculture, IT, telecom and startups. “While reviewing the terms of reference (ToR)…
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Egypt gig economy workers face rough ride
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[ad_1] Egypt’s gig economy is growing even as the workers have little physical or legal protection. Photo: AFP CAIRO: Young men on bikes and scooters zip through Cairo, Egypt’s sprawling megalopolis, dodging cars to deliver more than a million orders each day, with little physical or legal protection. Egypt’s digital gig economy is growing, as…
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Pak-China cooperation in sorghum can boost local economy | The Express Tribune
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[ad_1] BEIJING: Sorghum is an excellent source of food and feed and plenty of products can be made from it therefore, there are ample opportunities for the sorghum industry in Pakistan and help of China would definitely improve the local economy, said, Ayub Agricultural Research Institute Senior Scientist (Sorghum) Dr Qamar Shakil. Shakil said that…
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Early elections only way to save economy | The Express Tribune
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[ad_1] ISLAMABAD: The world economy is on the verge of another recession due to skyrocketing global commodity prices. Heavy import-dependent economies including Pakistan are facing strong headwinds due to the unsustainable rise in import bills and prices of essential commodities including petrol, diesel and cooking oil. Understanding the gravity of the situation, the PTI government…
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Traders urge new govt to prop up economy | The Express Tribune
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[ad_1] ISLAMABAD: Reviving the economy and placing it on a path of sustainable growth should be the top priority of the new government, said Islamabad Chamber of Commerce and Industry (ICCI) President Muhammad Shakeel Munir. In a statement on Monday, he argued that turning the economy stable and resilient was the key to a better…
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‘High interest rate will destroy economy’ | The Express Tribune
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[ad_1] KARACHI/ISLAMABAD: Business chambers are in a state of panic and shock as they are speculating on how to cope with the fallout of a surprise 250 basis points rise in the benchmark interest rate by the State Bank of Pakistan (SBP). In a statement on Saturday, Federation of Pakistan Chambers of Commerce and Industry…
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Pakistan’s economy to grow 4% | The Express Tribune
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[ad_1] ISLAMABAD: The Asian Development Bank (ADB) has said that Pakistan’s economy will slow down to 4% in the current fiscal year – the fifth lowest rate in South Asia – and inflation will remain in double digits amid worries that increasing prices can undermine growth prospects. Pakistan’s economic growth rate will moderate to 4%…
