Pakistan News

    Revival Of Economic Growth In Pakistan

  • Revival of growth will be our biggest story: PM

    ISLAMABAD: Days before handing over power to an interim government, Prime Minister Shahid Khaqan Abbasi has stressed the revival of the economy as his party’s legacy...

    Giving an overview of what his party inherited five years ago with latest economic conditions at a news conference along with Finance Minister Miftah Ismail on Monday, Mr Abbasi said the $231 billion national economy had a 3...

  • Fata’s economic revival a Herculean task

    With demands and pleadings for a complete overhaul of the existing administrative setup in Federally Administrative Tribal Areas doing rounds since tabling of a constitution amendment bill in the parliament after the six-member reforms committee finalised its report and presented it before the federal cabinet, business community and industrialists from the region have also raised their voice for a comprehensive relief package for the economic...

  • Business community pins high hopes on next govt for economic revival

    KARACHI: Trade and industry leaders want the incoming new government to immediately address the precarious economic conditions by taking all stakeholders on board and coming up with an economic revitalisation plan...

    Talking to Dawn, the leaders opined that rather than dependency on economic wizards with rhetoric theories, out of the box solutions are needed to deal with the situation...

  • A repeat prescription for Sindh’s economic revival

    They think that Prime Minister Imran Khan and Governor Ismail may collude to squeeze the fiscal and political space for the Sindh team and dread that the Pakistan Tehreek-i-Insaf (PTI) could play up social divides for political mileage...

    “After a lull of three months, we are heading to another phase of frantic activity to shipshape the finance bill for the last three quarters of the current fiscal in the light of the development...

  • Firdous terms early economic revival govt’s top priority

    SIALKOT: Special Assis­tant to the Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan said on Sunday that early revival of national economy was the priority of the government so that maximum financial relief could be provided to people...

    She said the Pakistan Tehreek-i-Insaf (PTI) government was making all-out efforts to boost economy by taking full advantage of China-Pakistan Economic Corridor (CPEC) projects... ...

  • Malaysia’s hopes of economic revival under Mahathir fade

    A year ago, Malaysian land surveyor Muhammad Nur Aliff had high hopes that a shock election victory by 93-year-old Mahathir Mohamad could be the catalyst for reform and revival in a country hobbled by sky-high public debt and corruption...

    “The continued lack of clarity on economic policies may lead to increased level of anxiety among the businesses and further intensify the fear of an economic slowdown,” the firm said its report... ...

  • In quest of economic revival

    BOTH the government and the State Bank of Pakistan (SBP) are trying to spur economic growth by facilitating the wealth-creating class, hoping that the trickle-down impact will ultimately benefit ordinary people...

    The slashing of the interest rate by the SBP and the government’s stimulus package are aimed at ensuring economic recovery in the next fiscal year...

  • ‘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...

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