30

Oct

Economy to grow by around 5pc in FY2022: Reza Baqir

Published in The News on October 30, 2021 KARACHI: The State Bank of Pakistan (SBP) is optimistic about the prospects for the country’s economic growth, expecting the economy to grow around 5 percent this fiscal year. “The economy grew about 4 percent in the last fiscal year and we expect it to grow close to 5 percent […]

29

Oct

Pakistan needs long-term reform for reviving exports: World Bank

By Amin Ahmed Published in DAWN on October 29, 2021 ISLAMABAD: The World Bank has suggested that Pakistan needs an integrated and long-term reform strategy for fixing the export challenge that will require coordination across government agencies at federal and provincial levels to harmonise policy decisions, institutional strengthening to ensure effective implementation and active public-private sector dialogue[…]

29

Oct

Finance ministry warns of higher inflation

By Khaleeq Kiani Published in DAWN on October 29, 2021 ISLAMABAD: Recording fiscal deficit during the first two months of the current fiscal year unchanged at 0.9 per cent of GDP, the finance ministry on Thursday warned that the exchange rate, commodity supplies and seasonality could intensify the magnitude of prices and transportation costs in the country.[…]