A Mismanaged Economy |By Dr Salman Shah
The present government has completed its two years. The democratic era has now completed seven years. Both major political parties have run the country, along with the smaller parties. Through their...
View ArticleKey Condition: Government Could Fail to Meet Budget Deficit Target
ISLAMABAD: Pakistan may have to seek a waiver from the International Monetary Fund (IMF), as it is going to miss the key condition of reducing budget deficit to 4.9% of national output. This will occur...
View ArticleSBP’s Right Decision At Right Time
IN a climate when macroeconomic conditions have shown improvement and prospects of foreigninvestment are bright, the vital decision by the State Bank of Pakistan (SBP) to cut the discount rate to 7%...
View ArticleLight-Touch Tax Environment | By Shahid Kardar
THE government is justifiably ecstatic at the IMF’s, and now Standard & Poor’s and Moody’s, endorsement of its claims of having achieved a fair degree of macro-economic stability reflected in some...
View ArticleWorld’s Most Powerful Democracies Discuss How to Help Growth
DRESDEN: Top finance officials from the Group of Seven wealthy democracies are gathering in Germany this week to discuss ways to strengthen the global economy. US officials are pressing countries such...
View ArticleExim Bank to Push up US Exports
KARACHI: Pakistan is becoming more attractive for the United States as a trade partner and an investment destination, said Raymond Ellis, Vice President of the Global Business Development Division of...
View ArticleGoogle Unveils Android Pay in Fresh Challenge to Apple
SAN FRANCISCO: Google on Thursday unveiled its pay-with-a-phone system for Android devices, ramping up its challenge to Apple in mobile payments. Android Pay, unveiled at the Google developers...
View ArticleSetback: Govt struggling to keep next budget under Rs4.2t | Shahbaz Rana
ISLAMABAD: Government efforts to restrict budgetary outlay in the new fiscal year to less than Rs4.2 trillion has been dealt a blow after the Lahore High Court (LHC) declared the imposition of...
View ArticleRupee Regains Value Against Dollar
KARACHI: The intervention of the central government with additional supplies to the dollar to open market led to the quick recovery of Rupee that stood at Rs 103.10 against dollar in open market and...
View ArticleA mysterious retail guru most people have never heard of just became richer...
Zara’s mysterious founder, Amancio Ortega, is now the world’s second-richest man— surpassing even Warren Buffet. But despite his impressive net worth, many people have never heard of him. The...
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