Trends - gdp - Business Recorder

Opinion

Policy rate: a cut is likely?

Despite a decline in inflation, overall costs are still growing this year in comparison to prior years. Regarding...

Published 18 Mar, 2024 04:56am

Pakistan

7th Population & Housing Census-2023: Data collected strategic resource for Data-Driven Policy Making: Ahsan

ISLAMABAD: The data collected through 7th Population and Housing Census-2023 is a strategic resource for Data-Driven...

Published 16 Mar, 2024 06:26am

Business & Finance

UK economy grows by 0.2% in January

LONDON: Britain’s economic output grew by an as expected 0.2% in January, after entering a shallow recession in the...

Published 13 Mar, 2024 12:18pm

Print

PM vows structural reforms

Says government fully committed to increase tax to GDP ratio

Updated 09 Mar, 2024 10:54pm

Business & Finance

France’s 2023 budget deficit to ‘significantly’ miss 4.9% target, Le Maire says

PARIS: France will miss its target of reducing the 2023 budget deficit to the equivalent to 4.9% of its gross...

Published 06 Mar, 2024 02:05pm

Business & Finance

Moody’s raises India’s 2024 GDP forecast sharply

MUMBAI: Moody’s Investor Service sharply raised its gross domestic product (GDP) forecast for India on Monday,...

Published 04 Mar, 2024 12:50pm

Business & Finance

BMP for joint efforts to deal with economic challenges

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) has asked the...

Published 04 Mar, 2024 04:15am

Business & Finance

India Q3 GDP data may overstate growth trends, economists say

MUMBAI: India’s third-quarter gross domestic product (GDP), which rose by a stronger-than-expected 8.4% compared to...

Published 01 Mar, 2024 10:36am

Print

Expenditure: Higher mark-up payments putting significant pressure: Finance

ISLAMABAD: The Finance Ministry has stated that higher mark-up payments are putting significant pressure on...

Updated 01 Mar, 2024 09:06am

Business & Finance

Turkiye GDP grew 4.5% in 2023 on strong demand; slowdown coming

ISTANBUL: Turkiye economy grew 4.5% last year and 4.0% in the fourth quarter, data showed on Thursday, beating...

Published 29 Feb, 2024 01:48pm

Business & Finance

Need for combating illicit tobacco trade for economic boost stressed

LAHORE: Emphasising the need for documenting and taxing illicit tobacco transactions, the experts have called for...

Published 28 Feb, 2024 06:10am

Print

CCP grants approval to three mergers

ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted approval to three mergers concerning M/s Saudi...

Updated 25 Feb, 2024 10:43pm

Opinion

It’s turtles all the way down

There is an anecdote oft repeated in university environments and I am copying it from Neuroscientist Robert...

Published 24 Feb, 2024 06:42am

Business & Finance

Indonesia 2023 current account deficit at 0.1% of GDP

JAKARTA: Indonesia’s current account swung to a deficit in 2023 on shrinking merchandise exports due to a slowing...

Published 22 Feb, 2024 11:05am

Business & Finance

Global debt hits new record high at $313trn: IIF

LONDON: Global debt levels hit a new record high of $313 trillion in 2023, with developing economies scaling a fresh...

Published 22 Feb, 2024 06:55am

Business & Finance

UAE’s non-oil trade hits record $953bn in 2023

DUBAI: The United Arab Emirates’ non-oil trade reached a record high 3.5 trillion dirhams ($952.93 billion) in...

Published 19 Feb, 2024 05:24am

World

Germany overtakes Japan as third-biggest economy

TOKYO: Once forecast to become the world’s biggest economy, Japan slipped below Germany last year to fourth place,...

Published 16 Feb, 2024 06:02am

Business & Finance

Easy house financing urged for middle-income groups

Karachi: Builders and developers have urged the upcoming government and the State Bank of Pakistan (SBP) to ...

Published 16 Feb, 2024 06:02am

Opinion

Latest IMF projections

The Staff Report of the IMF on the First Review under the Stand-By Arrangement was released on the 19th of January...

Published 13 Feb, 2024 05:59am

Business & Finance

Fiscal trajectory: Expert underscores role of taxation

PESHAWAR: Muhammad Umair Zeb, a leading tax expert has underscored the pivotal role of taxation in shaping the...

Published 12 Feb, 2024 06:25am

Print

Key issues behind low revenue identified: Cabinet concerned at ‘integrity’ of FBR board members?

ISLAMABAD: The caretaker Federal Cabinet has reportedly expressed its concerns over the integrity of private members...

Updated 08 Feb, 2024 10:11am

Opinion

Budgetary outcome in first half of FY24

The information on the fiscal operations by the federal and the provincial governments in the first half of 2023-24...

Published 06 Feb, 2024 05:00am

Business & Finance

Indonesia 2023 GDP growth slows to 5.1%

JAKARTA: Indonesia’s annual economic growth fell slightly, but remained solid at 5.05% last year, as exports...

Published 05 Feb, 2024 11:00am

Opinion

PBS needs a makeover

Policymaking at all levels of government requires precise, timely and accurate statistics to achieve various targets...

Published 05 Feb, 2024 06:08am

Print

Nepra too concerned about rising tariff?

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) acknowledged that amid the historically highest...

Updated 03 Feb, 2024 06:44pm

Editorials

Fiscal house needs repairs

EDITORIAL: The fiscal summary is a mixed bag in 1HFY24 (first six months of fiscal year 2023-24) as the government...

Published 02 Feb, 2024 05:20am

Print

IMF revises Pakistan’s GDP growth projection downward

ISLAMABAD: The International Monetary Fund (IMF) has revised GDP growth rate projection downward for Pakistan by 0.5...

Updated 31 Jan, 2024 10:25am

Print

‘Innovative’ plan set to reduce circular debt

ISLAMABAD: Caretaker Minister for Power and Petroleum, Muhammad Ali, has set an extremely ambitious circular debt...

Updated 31 Jan, 2024 09:32am

Print

FBR revamp plan approved by caretakers

Federal Tax Policy Board will be formed in the Revenue Division which will be responsible for the formulation of tax policy

Updated 31 Jan, 2024 09:57am

Print

Six-month budget deficit soars to 2.3pc of GDP

ISLAMABAD: The budget deficit during the first six months of the ongoing fiscal year increased to 2.3 percent of the...

Updated 30 Jan, 2024 08:48am