growth
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‘Strong IPR system required for economic growth’ | The Express Tribune
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[ad_1] KARACHI: Karachi business leaders are advocating for a strong intellectual property rights (IPR) system in Pakistan, supported by technology, to harness the country’s resources and expand its wealth. President of the Karachi Chamber of Commerce and Industry (KCCI), Mohammed Tariq Yousuf, welcomed Chairman of the Intellectual Property Organisation (IPO), Farrukh Amil, stating that due…
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As IMF shifts towards inclusive growth, is Pakistan ready? | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan’s decades-old policies that give preferential access to state resources to a select few sectors and ensure strong government footprints have placed it among nations that have the lowest inclusive growth and low access to education and healthcare, endangering the unparalleled demographic dividends. A book of the International Monetary Fund (IMF), “Promoting Inclusive…
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Importance of e-commerce for Pakistan’s growth | The Express Tribune
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[ad_1] KARACHI: The e-commerce sector in Pakistan has achieved significant growth over the past few years, thanks to the increasing internet and smartphone penetration. According to a report of eMarketer, Pakistan’s e-commerce sales are projected to reach $2.1 billion by 2023, up from $1.2 billion in 2018. This article will explore the state of e-commerce…
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China aims for 5% growth next year — lowest target in years
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[ad_1] Employees work on an assembly line producing speakers at a factory in Fuyang city, in China’s eastern Anhui province, on Sept. 30. AFP BEIJING: China announced one of its lowest economic growth targets in years Sunday, kicking off meetings of its parliament set to hand Xi Jinping a third term as president as well…
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World Bank cuts 2023 global growth forecast to 1.7%
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[ad_1] In this file photo taken on October 08, 2022, the World Bank headquarters seen from the International Monetary Fund headquarters in Washington, DC. — AFP WASHINGTON: Global growth is slowing “perilously close” to recession, the World Bank said Tuesday, slashing its 2023 economic forecast on high inflation, rising interest rates and Russia’s invasion of…
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EU to provide Pakistan €87m for ‘green’ economic growth
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[ad_1] EAD Secretary Dr Kazim Niaz (left) and EU ambassador Dr Riina Kionka (right) shack hands after signing the agreement for three new development programmes on January 9, 2023. — APP The European Union on Monday signed agreements for three new development programmes with funding of €87 million to support green and inclusive economic growth…
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PRA registers 33% growth in Oct | The Express Tribune
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[ad_1] LAHORE: The Punjab Revenue Authority (PRA) surpassed its monthly tax collection target as it received Rs14.548 billion in October 2022, registering a growth of 33% over collection of Rs10.966 billion in the same month of last year. According to a spokesperson for the PRA, in the first four months of current financial year, the…
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IMF cuts 2023 global growth, warns major economies to stall
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[ad_1] International Monetary Fund (IMF) chief economist Pierre-Olivier Gourinchas speaks at a press conference during the World Bank/IMF annual meeting at IMF headquarters in Washington, DC, on October 11, 2022. — AFP WASHINGTON: Global growth is expected to slow further next year, the IMF said Tuesday, downgrading its forecasts as countries grapple with the fallout…
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Pakistan needs sustainable export led growth: Iqbal | The Express Tribune
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[ad_1] ISLAMABAD: “Pakistan desperately needs to take measures to bring the country’s economy out of crisis through sustainable export led economic growth,” said Minister for Planning and Development Ahsan Iqbal on Thursday. Addressing the closing ceremony of a two-day international conference on Productivity Accreditation and Certification, organised by National Productivity Organisation (NPO) on the occasion…
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China vows support for industrial growth | The Express Tribune
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[ad_1] LAHORE: Newly-appointed Chinese Consul General Zhao Shiren has said that collaboration in various sectors of the economy between Punjab and China can push economic ties to new highs and vowed that the Chinese Consulate in Lahore will fully cooperate to accelerate businessto-business engagement for industrial growth. The consul general expressed these views while visiting…
