economic growth

ISLAMABAD: Finance Minister Senator Muhammad Ishaq Dar is presenting the new budget for 2023-24 in the National Assembly at 4pm today. Dar will unveil the budget in the Parliament soon …

IMF trims GDP growth rate to 0.5% in Pakistan in FY23 ISLAMABAD: The International Monetary Fund (IMF) further reduced the real GDP growth rate of Pakistan to 0.5 percent from …

The factories in China produce a significant portion of the world’s manufacturing output, surpassing the US, Germany, and Japan combined.

ISLAMABAD: The World Bank predicted Pakis­tan’s economic growth to slow further to 2% during the current year. The new forecast of the World Bank about economic growth of Pakistan is …

KARACHI: The State Bank of Pakistan’s recently published Annual Report, highlighted that countries prioritizing growth at the expense of price and financial stability do not achieve sustained economic growth. Rather …

If the political unrest gets out of control in the days ahead, Saudi Arabia, China, and other countries who intend to make huge investments in Pakistan will be left with …

Ismail noted that the costs of oil were growing in the international market, while the rising cost of coal had also raised the cost of the generation of power.

The industrial sector, followed by the service and agricultural sectors, accounted for the majority of the increase. Cotton, rice, sugarcane, and maize all grew at a rapid pace in the …

The Fund has raised its forecast for the growth of the Saudi GDP by 2.8 percent from last time to 7.6 percent this year. 

While boosting Beijing’s prospects of hitting its ambitious target of 5.5 percent growth in 2022, the stronger-than-expected figures only cover a small period of the continuing ultra-strict lockdown in Shanghai.