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Global banks face negative outlook

LONDON: Sluggish global growth, a higher risk of borrowers defaulting on loans and pressure on profitability mean that banks face a negative outlook in...

Rajapaksa brothers contributed to economic crisis: Sri Lanka court

Sri Lanka's top court ruled on Tuesday that former President Gotabaya Rajapaksa and his brother, former Prime Minister Mahinda, were among several government officials...

PDM govt spent Rs10 billion on advertisement despite economic crisis

ISLAMABAD: Despite the economic crisis, the Pakistan Democratic Movement (PDM) government spent Rs10 billion on advertisements on TV channels, newspapers and digital media, ARY...

Shamshad says govt determined to take country out of economic crisis

KARACHI: Caretaker Minister for Finance, Revenue and Economic Affairs Shamshad Akhtar said that the caretaker government was determined to take the country out of...

Unknown destination

Pakistan is facing the consequences of clash of wills of individuals who apparently have failed to learn from the gross mistakes of the past...

Dangers of internal instability

There is hardly any doubt that internal stability is the most crucial factor every state aims to ensure for not only its survival but...

Pakistani economy is tanking while global economy is picking up

It is indeed ironic to observe that while the global economic situation is recovering from the setbacks of Covid pandemic and Ukraine war yet...

Uncontrolled Price Mechanism

Though people keep repeating ad nauseum that Pakistan is in the vice-like grip of cartels controlled by the elites of the country, but the...

Power Of Retailers Amid Sky-High Inflation

The Increasing power of retailers and conventional wisdom is that Pakistani polity suffers from the excessive greed of the elites that pay no heed...

Finance Minister lauds World Bank’s efforts for Pakistan’s economic stability

ISLAMABAD: Caretaker Finance Minister Dr. Shamshad Akhtar has reiterated that Pakistan values its development partnership with World Bank, ARY News reported. Talking to Country Director...

PDM govt spent billions on media ads amid economic crisis

ISLAMABAD: The Pakistan Democratic Movement (PDM) government has spent billions on media advertisements in the midst of an economic crisis, ARY News reported. As per...

When will Pakistan finally come out of crisis?

It is always a crisis situation in Pakistan and there is hardly anything that could be done to reverse this unfortunate spiral. Currently, though...

Auto financing shrinks

The slackness of the national economy has started to hit almost all economic aspects of the country. The economic decline has accordingly depressed the...

Pakistan’s economy still under clouds!

The new caretaker administration realises fully-well that it has not inherited a bed of roses but has taken on a very tough challenge both...

Unending uncertainty in Pakistan

It is indeed unfortunate for Pakistan that it has remained in a state of limbo since its inception. Uncertainty surrounded its creation and this...

PSO dues soar to more than Rs740 billion

KARACHI: Pressing another challenge to the caretaker government of Pakistan, the outstanding dues of Pakistan State Oil (PSO) from various sectors have now surged...

A year of exports shrinkage

Pakistani exports have been seriously lagging behind imports since many years creating a serious imbalance in financial equation of the country. The pressure exerted...

Caretaker govt and economy

There was a tremendous rush for the position of the caretaker prime minister despite the horrendous economic situation Pakistan is in. This signifies an...

Caretaker setup and economy

The tenure of PMLN-led coalition government is over giving way to hustle-bustle of dealing with a caretaker administration, mandate of which is to ensure...

Uncontrollable Price Hike

The uncontrollable price hike in the country clearly indicates the desperate malfunctioning, even breakdown of market forces in Pakistan. The steep rise in cost of...

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