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[…]

09

Jun

Rupee’s real value is around Rs 240/$, says Dar

Published in The Express Tribune on June 08, 2023 ISLAMABAD: The government’s economic team headed by Finance Minister Ishaq Dar told Prime Minister Shehbaz Sharif on Thursday while presenting the Economic Survey 2022-23 that there is no quick fix, but the decline of the economy has been stopped and the risk of default has been averted. He[…]