12

Jun

An unrealistic budget

By Dr Hafiz A Pasha Published in The News on June 11, 2023 THE federal budget for 2023-24 has come as a surprise. The impression conveyed in the budget speech is that the economy has already achieved a high level of stability and the coming year can be classified as a return to ‘business as usual’. However, […]

09

Jun

Economic Survey 2022-23: Report card of a tempestuous year

By Khaleeq Kiani Published in Dawn on June 09, 2023 • Industry contracts by 3pc, GDP growth a mere 0.3pc • Finance minister hints at expansionary measures in today’s budget • Dar says political cost borne unimaginable, but ‘worth it’ • Blames market perceptions, IMF ‘drama’ for weak exchange rate • Insists new government should negotiate fresh[…]

Survey silent on job losses

By Aamir Shafaat Khan Published in Dawn on June 09, 2023 KARACHI: Amid contraction in big industry production, a large number of direct and indirect workers lost jobs mainly in the textile and auto sectors, but Economic Survey FY23 did not reveal anything about a bleak employment scenario during the outgoing fiscal year. The data, however, presented[…]