Minister for Maritime Affairs Syed Ali Haider Zaidi has said that economic reforms are the top agenda of the Pakistan Tehreek-e-Insaf (PTI) government
Sheikh said the upcoming budget will include steps to bridge gaps in current account deficit and fiscal deficit
“The current government is creating ease of doing business and will take more steps for this,” Abdul Razak Dawood said.
The IMF says the country must also prepare for possible fiscal risks, including increased budget costs due to legal challenges to past wage and pension cuts, reform fatigue and pre-election uncertainty
RIYADH: Saudi Arabia’s King Salman on Tuesday announced a 1.11 trillion Saudi riyal ($295 billion) budget, the kingdom’s biggest ever, and said the government will move ahead with economic reforms. “We are determined to go ahead with economic reform, achieving fiscal discipline, improving transparency and empowering the private sector,” he said in a televised speech. Under the economic Vision 2030 plan pushed by Crown Prince Mohammed bin Salman, Riyadh is seeking to create more jobs for the masses, but businesses have been…
ISLAMABAD: Federal Minister for Planning, Development & Reforms Makhdoom Khusro Bakhtyar on Tuesday said that the government was working on a robust economic plan to introduce structural economic reforms to bring Pakistan among the middle income countries in the long run. "Improving tax administration, encouraging financial institutions to expand the range of savings and investment instruments, reducing the procedures, cost and time associated with investing, improving management practices and supporting technology…
WASHINGTON: The World Bank said on Monday it would continue to support Pakistan to implement broad economic reforms and address current risks towards achieving its development aspirations. The statement was made after discussions with a Pakistan delegation that covered a range of topics including the macro-economic outlook, human capital development, renewable energy and private sector development as well as infrastructure financing. Read More: Pakistan delegation meets World Bank’s Annette Dixon, highlights economic…
ISLAMABAD: Pakistan must speed up reform of the energy sector and bring more women into the labour force if it wants to quicken economic growth that lags far behind regional peers, the World Bank's country representative said on Monday.
KARACHI: President of World Bank Group (WBG) Jim Yong Kim concluded a two-day visit to Pakistan by urging the country to raise the ambition of its economic reforms while also encouraging the private sector to take a bigger role in creating jobs, especially for youth and women.