Raising Pakistani living standards and economic resilience
By Esther Perez Ruiz Published in The News on October 02, 2024 DESPITE a challenging external environment and the devastating floods of 2022, Pakistan has managed to restore economic and financial stability over the past year. Since the launch of the Stand-By Arrangement in July 2023, confidence in policymaking has […]
Pakistan’s GDP grew at underwhelming 2.52pc last fiscal
By Mehtab Haider Published in The News on October 01, 2024 ISLAMABAD: Pakistan’s GDP growth figure has slightly witnessed an upward revision (0.14 percent) in revised figures of the last fiscal year and stood at 2.52 percent against earlier provisional growth rate figures of 2.38 percent for 2023-24. The fiscal[…]
IMF raises Pakistan’s growth forecast
By Shahbaz Rana Published in The Express Tribune on September 29, 2024 ISLAMABAD: The International Monetary Fund (IMF) on Saturday increased Pakistan’s economic growth forecast to 3.2% and cut inflation projection to a single digit amid caution by its executive board that ambitious growth targets should not be chased at[…]
Chinese solar panel boom threatens Pakistan’s debt-ridden grid
By Humza Jilani Published in Financial Times on September 18, 2024 Businesses in Pakistan are racing to cover their factory rooftops with ultra-cheap Chinese solar panels, after a surge in electricity prices that has made the state- owned power supply among the most expensive in South Asia. “Every bit of[…]