economy

UN economists expect corona crisis to drag FDI down; no recovery till 2022

Pakistan asks IMF to relax mini-budget, tariff hike conditions

Due to government’s lack of focus on agronomy, country is now importing wheat and sugar

Asks SBP to stop sending exporters notices for not realising proceeds

Companies report significant growth in earnings for first quarter of FY21

Committee fails to agree on Rs1,000-per-bag fertiliser subsidy

Commerce ministry official stresses need for boosting export of services

Pakistan’s waste considered soft gold in China

OGRA keeps unchanged gas rates for domestic consumers, hikes prices for others

Lack of people-centric reforms contributes to poverty, food insecurity, joblessness

For sustained growth, country needs to improve factor productivity

Country should strive to align good economics with good politics

It is time for Pakistan to look at issues through economic rather than security prism

Fall comes as industrial, residential consumers switch to cheaper options

External inflows increase one-fourth compared to previous year

Financing to support Punjab project as provincial tax receipts decline

Spike comes after US plants halted production due to Covid-19

Increase comes on account of govt’s official inflows

PM voices concern; process will now be completed by June 2021

Mulls allowing exporters to form joint ventures, acquire warehouses abroad

Stresses need for formulating proposal for liaison between NADRA, FBR

Automated duty drawback system to create hassle-free environment for exporters

IT ministry official says such zones will facilitate foreign investors

While gradual recovery is seen on the economic front this recovery may not continue beyond a limited period

ECC okays Rs16.5b supplementary grant to raise special force to protect CPEC projects

Out of 26 properties, 23 were auctioned that fetched Rs1.1b

Lower-than-expected effective tax rate lifts earnings

Endorses nomination of 10 board members for a period of three years

It remains in surplus for third month in a row at $73m in September

Say it will revive the economy and boost business and trade activities

PM aide says efforts under way to identify Pakistan’s comparative advantage

CDWP approves two other coronavirus-related projects worth Rs8.2b

Says country’s economy heading in right direction

Digital platforms voice hope buyers will return with passage of time

Decrease in sales of exploration firm pushes down earnings

NEPRA report cites high losses, power theft and low recoveries as reasons

Say crop will enhance income of farmers and eliminate poverty

Total debt and liabilities swell by Rs14.7 trillion in two years

‘City should be given status of export hub’

Ex-FPCCI vice president MA Jabbar said the available data related to poverty level in the country needs to be updated

SBP disbursed aid under financing packages, for medical facilities

Cabinet approves package under which industries will receive LNG at Rs930 per unit

Govt delays 25% price increase due to inflationary implications, political uncertainty

Vaccine hopes drive stocks higher

Leadership aims to link entire region through improvement in Pak-Afghan trade

‘Country moving in right direction’

Move comes after delay in payments constrained company’s cash flow

FPCCI chief demands careful strategy to control inflation rate

He invites the world to form partnerships with Pakistan, make investments, start projects

It breaks momentum of fast economic recovery expected after first virus wave