30th January, 2013
Pakistan’s economy grows by 3.7 per cent in 2012: SBP
According to the SBP's Annual Report on the “State of the Economy for the year 2011-12,” real GDP grew by 3.7 in 2012 as compared to 3.0 per cent the previous year.
18th January, 2013
IMF concerned over Pakistan’s falling reserves
If Pakistan seeks a new loan programme, it would have to implement strict measures for achieving economic targets, said an IMF official on Friday.
  • BLOG   |  
    24th October, 2012
    J for jihad or J for jobs
    Ask any expert about how many workers are gainfully employed in Pakistan and they may not have an answer.
  • BLOG   |  
    27th July, 2012
    Take a lesson from Mongolia
    As Pakistan looks to increase its natural resource exploitation, it should closely monitor Mongolia: the emerging Saudi Arabia of north Asia.
    30th May, 2012
    Pakistan ‘heading for new financial crisis without reforms’
    External forecasts for the current fiscal year see the budget deficit rising to about seven per cent of GDP.
    20th May, 2012
    Jobs and economic growth are the main targets of budget: Shaikh
    The Federal Minister of Finance, Dr Abdul Hafeez Shaikh said that Rs 800 billion have been allocated to the provinces within the past two years.
    20th March, 2012
    Economy likely to grow by 3-4 per cent, says SBP
    Pakistan’s economy is expected to grow by 3 to 4 per cent in the fiscal year to end-June, though risks to macroeconomic stability have increased in recent months, the central bank said on Tuesday.
    3rd December, 2011
    Pakistan pays Rs 1 trillion in energy subsidies: Hafeez
    The finance minister said that inefficiency and corporate misgovernance are other reasons for incurring colossal losses.
    11th November, 2011
    SBP urged to further slash discount rate
    KARACHI, Nov 10: Yaqoob Karim, president, Lasbela Chamber of Commerce and Industry, has urged the State Bank to further cut discount rate to induce
    27th October, 2011
    IMF sees bleak future for Pakistan and several other states
    The International Monetary Fund expects Pakistan’s 2011-12 fiscal deficit to widen to 6.5 per cent of gross domestic product, says a report released on Wednesday.
  • BLOG   |  
    14th September, 2011
    Expatriates of the world, unite!
    In the last fiscal year alone, overseas Pakistanis remitted over $11 billion, which accounts for almost 7 per cent of the national economy. On the…
    1st July, 2011
    Fiscal 2011: Rupee adds strength to economy
    KARACHI, June 30: Thought most of the economic indicators went against the growth in the fiscal 2011 ended on Thursday, the local currency showed enough…
    3rd June, 2011
    Rs. 3.7 trillion budget to be presented in parliament
    ISLAMABAD: Pakistan’s Minister for Finance Hafeez Shaikh will be presenting the Financial Budget 2011-12 to the parliament for approval on Friday, DawnNews reported. The budget…
    14th May, 2011
    EU Parliament clears trade concessions for Pakistan
    ISLAMABAD: Plenary of the EU parliament  cleared the Autonomous Trade Concessions for Pakistan. The only hurdle now remains WTO waiver. But the passage of the…
    23rd February, 2011
    FBR says 70 per cent of corporate sector not paying taxes
    ISLAMABAD: Chairman of the Federal Board of Revenue, Salman Siddique, voiced out concerns in the federal capital today, about the bleak tax collection issue in…
    24th November, 2010
    Pakistan slashes development to meet IMF targets
    KARACHI: Pakistan is cutting its development spending by almost half, squeezed by worsening economic conditions and International Monetary Fund demands, government sources say, imperilling growth…