Contraction due to compression of imports as export growth remains tepid

Manila-based agency says signs of economic stabilisation are emerging

Economist says jump in poverty numbers due to low growth, double-digit food inflation

Pakistan says UAE not sharing wealth details of Pakistanis holding residence visa of Dubai

Planning ministry argues task can be performed without burdening country

Bank’s estimate counters govt’s claim of reducing circular debt to Rs12b a month

Budgetary support loan, crisis response facility to shore up foreign exchange reserves

Finance ministry report reveals spending on education, health decreased

Reading underscores that inflation cannot be controlled by keeping interest rates high

Of that, 46% was short-term commercial lending, secured at up to 5.5% interest