03
JunTrade deficit swells to record $43.3bn
By Mubarak Zeb Khan Published in DAWN on Jun 03, 2022 ISLAMABAD: Pakistan’s merchandise trade deficit widened by an alarming 57.85 per cent year-on-year to an all-time high at $43.33 billion during the first 11 months of 2021-22 through May on the back of higher-than-expected imports, Pakistan Bureau of Statistics […]
03
JunShadow economy accounts for 40% of GDP
By Shahram Haq Published in The Express Tribune on June 02, 2022 LAHORE: Pakistan is facing tough economic challenges and its key concerns are the external deficit and the mounting debt, which are pushing the country towards a deep financial crisis. A major task for the government is to stabilise[…]
01
JunIMF outlines guidelines to revive loan programme
By Shahbaz Rana Published in The Express Tribune on June 01, 2022 ISLAMABAD: The International Monetary Fund (IMF) has said that “Pakistan needs to take wide-ranging steps to repair macroeconomic stability”, indicating that the revival of the programme would not be a cakewalk despite the government’s decision to increase fuel[…]
01
JunAvoiding economic meltdown
By DR MANZOOR AHMAD Published in The Express Tribune on May 30, 2022 ISLAMABAD: One of the steps taken by the government to forestall the gathering economic meltdown is to ban the import of about three dozen “luxury” goods (spread over 800 tariff lines), including vehicles, mobile phones, home appliances,[…]
