04

Feb

No need for another IMF package with 6% growth

Published in DAWN on February 03, 2022 ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin on Thursday said that despite commodity price shocks in the international market, the country’s economy would grow by 4.5 per cent to 5 per cent during the current fiscal year and by 6 per cent next year. “I am still hoping […]

04

Feb

Is politics calling the economic shots?

By Afshan Subohi Published in DAWN on January 31, 2022 THE higher 5.7 per cent 2020-21 growth rate will make it a tad harder for Finance Minister Shaukat Tarin and his team to convince the people of their performance by the end of the ongoing fiscal in case there is a major dip in the GDP rate.[…]

04

Feb

Rupee posts biggest rise over dollar in a month

By Shahid Iqbal Published in DAWN on February 04, 2022 KARACHI: The exchange rate got the much-needed boost on Thursday, as the rupee jumped 0.51 per cent against the US dollar after the International Monetary Fund (IMF) approved a $1 billion loan as part of a bailout package to Pakistan. The rupee rose 89 paise against the[…]