Trends - gdp - Business Recorder

Business & Finance

Key policy rate kept unchanged at 22pc

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Tuesday kept the policy rate...

Published 13 Dec, 2023 05:33am

Business & Finance

PIDE underscores need for reducing policy rate by 50-100bps

ISLAMABAD: The Pakistan Institute of Development Economics (PIDE) has suggested lowering down discount rate by 50 to...

Published 12 Dec, 2023 05:28am

Print

‘Country is not getting new inflows from abroad’

ISLAMABAD: Pakistan’s Gross Domestic Product (GDP) has been estimated at 2.17 percent for the first quarter of the...

Updated 11 Dec, 2023 09:09am

Print

‘$100bn export vision’: EAC charts course

ISLAMABAD: The Export Advisory Council (EAC) on Friday held its inaugural meeting under the chairmanship of...

Updated 09 Dec, 2023 09:53pm

Print

Dar seeks global collaboration for economic prosperity

ISLAMABAD: Leader of the House in Senate, Senator Mohammad Ishaq Dar on Friday emphasized the significance of...

Updated 09 Dec, 2023 10:04am

Print

Ways identified to salvage economy, back businesses

Country’s top businessmen urge government to reform Federal Board of Revenue

Updated 08 Dec, 2023 10:03am

Business & Finance

Saudi Q3 GDP shrinks 4.4% y/y, in line with earlier estimates

RIYADH: Saudi Arabia’s real gross domestic product (GDP) contracted by 4.4% in the third quarter, government data...

Published 07 Dec, 2023 12:56pm

Print

India to be world’s third-largest economy by 2030: S&P

BENGALURU: India will remain the fastest-growing major economy for at least the next three years, setting it on...

Published 06 Dec, 2023 04:27am

Opinion

A revisit of trade components critical

Exports fuel domestic productivity and therefore employment and at the same time constitute the most desired form of...

Published 04 Dec, 2023 05:35am

Business & Finance

Public health sector: Pakistan needs to spend 1pc of GDP every year: World Bank

LAHORE: World Bank has estimated that Pakistan needed to spend one percent of current GDP, i.e. $4 billion, per year...

Published 02 Dec, 2023 05:09am

Print

GDP, exports and FDI potential: ‘Overregulation, low productivity main hindrance’

KARACHI: Overregulation and low productivity are preventing Pakistan from reaching its potential for GDP growth,...

Updated 01 Dec, 2023 09:50am

Opinion

Foreign currency requirement for taming inflation

In the year 2016 an operational limit to the debt-ceiling was introduced whereby the annual federal deficit...

Updated 30 Nov, 2023 05:17am

Print

NAC lowers FY23 growth rate to -0.17pc

ISLAMABAD: The National Accounts Committee (NAC) has revised the GDP growth rate downward for the fiscal year...

Updated 29 Nov, 2023 09:19am

Business & Finance

More hike in power tariffs opposed: World Bank to extend $2bn loan in FY24

ISLAMABAD: The World Bank (WB), Tuesday, while pushing for a policy shift for sustainable and viable power reforms,...

Published 29 Nov, 2023 05:09am

World

Climate change already reducing global GDP: report

PARIS: Climate change is already shaving billions off the world’s economy, with developing countries hardest hit,...

Published 28 Nov, 2023 11:39am

Print

SBP governor hopes CA deficit to stay around 1.5pc of GDP

KARACHI: The Pakistan Banking Awards 2023 ceremony was held on Friday evening here. Governor State Bank of Pakistan...

Updated 26 Nov, 2023 09:41pm

Print

Shamshad says expecting 2-2.5pc GDP growth

ISLAMABAD: The caretaker Federal Minister for Finance, Revenue and Economic Affairs, Dr Shamshad Akhtar, reported...

Updated 22 Nov, 2023 10:07am

Pakistan

Climate change termed a ticking bomb waiting to go off

ISLAMABAD: Pakistan People’s Party (PPP) Vice President Senator Sherry Rehman emphasised the urgency of addressing...

Published 20 Nov, 2023 06:28am

Print

IMF, govt reach SLA on first SBA review

ISLAMABAD: The International Monetary Fund (IMF) staff and the Pakistani authorities have reached a staff-level...

Updated 16 Nov, 2023 09:36am

Pakistan

Boost in broadband fibre connectivity vital for growth: Minister

ISLAMABAD: Boost in broadband fibre connectivity is vital for economic growth as for every 10 percent increase in...

Published 15 Nov, 2023 06:09am

Opinion

Estimation of the quarterly GDP

Pakistan has committed to the IMF in the Memorandum of Economic and Financial Policies, as part of the Stand-by...

Updated 14 Nov, 2023 05:42am

Editorials

Moody’s report

EDITORIAL: Moody’s recent reassessment of Pakistan’s vulnerability comes as no surprise: with exports a mere ...

Updated 13 Nov, 2023 06:54am

Print

PTI issues ‘white paper’ on state of economy

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) government put the fast dwindling economy of the country on the path of...

Updated 13 Nov, 2023 08:56am

World

Biden, Xi set to steal APEC spotlight with talks to steady ties

WASHINGTON: US President Joe Biden and Chinese President Xi Jinping are expected to hold summit talks in San...

Published 08 Nov, 2023 11:59am

Print

Pakistan attracted $16bn in visitor spending in 2022: World Bank

ISLAMABAD: Pakistan attracted $16 billion in visitor spending in 2022 which is projected to touch $30 billion in...

Updated 08 Nov, 2023 01:24pm

Opinion

SBP projections for 2023-24

The Annual Report for 2022-23 on the State of the Economy by the SBP has been released recently. Along with a...

Published 07 Nov, 2023 07:02am

Opinion

Crisis is the moment for home-grown solutions

Containment of fiscal deficit should be and is the first priority. In this respect extensive data released on Q1...

Updated 06 Nov, 2023 06:11am

Opinion

A win-win situation

I wonder how many people remember the invasion of locust hordes in Karachi in the sixties. I witnessed many of their...

Updated 04 Nov, 2023 06:29am

Opinion

Pakistan must adapt to climate change

Pakistan is among the top ten countries most vulnerable to climate change, according to the 2020 Global Climate Risk...

Updated 04 Nov, 2023 06:27am

Editorials

Trade deficit

EDITORIAL: Pakistan Bureau of Statistics (PBS) trade data for July-October 2023 notes an improvement in the balance...

Published 03 Nov, 2023 06:11am