Pakistan News

    Pakistan Economic Growth 2020Source

  • ‘Pakistan on path of sustainable economic growth’

    YOKOHAMA: Finance Minister Ishaq Dar on Saturday said that Pakistan has achieved macroeconomic stability and is now focused on realising a higher sustainable growth as part of its economic turnaround...

    Asia was leading that endeavour of reducing poverty through its phenomenal economic growth...

  • Pakistan misses economic growth target

    ISLAMABAD: The country missed the economic growth target for the current financial year by a wide margin mainly because of widespread dismal performance by the agriculture sector...

    At a meeting on Friday of the national accounts committee comprising senior representatives from the four provinces and regions and technical experts, the performance of all economic sectors was added up that showed higher than targeted growth by the...

  • Pakistan on path to rapid economic growth: World Bank chief

    ISLAMABAD: World Bank President Jim Yong Kim has said that Pakistan is now on the path of increased economic growth and prosperity...

    Mr Kim, who is on his first visit to Pakistan, applauded the prudent economic policies of Pakistan government, saying that the country’s economic outlook had become stable which was the result of the efforts of its financial team...

  • Is economic growth enough for Pakistan’s poverty-stricken millions?

    Confidence in Pakistan is growing, with the International Monetary Fund (IMF) claiming in October that the country has emerged from crisis and stabilised its economy after completing a bailout programme...

    Its credit rating has improved, while there are encouraging signs of foreign investment, such as a massive Chinese infrastructure project — the China-Pakistan Economic Corridor (CPEC) — officials routinely call a “game changer”... ...

  • New Year to take Pakistan towards economic growth, says NA speaker

    ISLAMABAD: In his message of felicitation to the nation on the eve of New Year, National Assembly Speaker Sardar Ayaz Sadiq expressed his hope that the dawn of 2018 will usher Pakistan into an year of sustained economic growth coupled with uplift of the common man and consolidation of democracy...

    He remarked that the days of terrorism in Pakistan were numbered and expressed his confidence that 2018 would consolidate Pakistan’s march...

  • Economic growth to pick up pace in Pakistan, says World Bank report

    ISLAMABAD: The World Bank says that economic growth in Pakistan is forecast to increase to 5...

    However, the main risks to the outlook are domestic, including fiscal slippages, increasing liabilities related to infrastructure projects, slippages relating to upcoming general elections and weak tax revenues that can derail fiscal consolidation efforts, warns the Global Economic Prospects report published by the bank on Wednesday...

  • Pakistan likely to hold economic growth: ADB

    ISLAMABAD: The Asian Development Bank said on Thursday that Pakistan is likely to hold economic growth to a projected 2 per cent in fiscal year 2021 once the Covid-19 impact subsides and the country resumes its efforts to address macroeconomic imbalances and initiate structural reforms...

    In a supplement to the ‘Asian Development Outlook’ focusing on lockdown, loosening, and Asia’s growth prospects, ADB says Pakistan’s economy was on...

  • ADB projects Pakistan’s economic growth ‘recovering slightly’ in FY23

    The Asian Development Bank (ADB) has projected that Pakistan’s economic growth will “recover slightly” in fiscal year 2022-23 (FY23) on the back of structural reforms...

    In a supplement report of the Asian Development Outlook released on Thursday, the ADB stated that Pakistan’s GDP growth was expected to be moderate in FY22, which ended in June, on fiscal tightening measures to manage growing demand pressures and contain external and...

  • The fuel of economic growth

    WATER has become Pakistan’s number one development and governance issue...

    On World Water Day, Prime Minister Nawaz Sharif has an opportunity to set the direction for Pakistan’s water economy...

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