The head of Iran’s elite Revolutionary Guards said on Wednesday the enemy was worried about the prospect of war and was focused instead on an economic conflict, according to the semi-official Fars news agency. Tensions between the United States and Iran have increased since Trump pulled Washington out of a nuclear deal last year and […]
economic
There cannot be any sovereignty without economic sovereignty: COAS
RAWALPINDI: Chief of Army Staff General Qamar Bajwa said on Friday that there cannot be any sovereignty in the absence of economic sovereignty, according to the Inter-Services Public Relations. Director General Major General Asif Ghafoor tweeted on social media that the COAS said that the nation is going through a difficult economic situation. The COAS was addressing […]
In Bahrain, US to launch economic part of Mideast peace plan amid skepticism
The first stage of President Donald Trump’s Middle East peace plan will be launched on Tuesday at a conference the White House touts as a bid to begin drumming up $50 billion in investment but which Palestinians deride as an “economy first” approach doomed to fail. The two-day international meeting in Bahrain, led by Trump’s […]
Oil falls amid economic slowdown; supply cut consensus offers support
SINGAPORE: Oil prices fell on Tuesday as an economic slowdown starts to dent energy demand, but markets won some support after Saudi Arabia said a consensus was emerging with other producers about extending supply cuts. Front-month Brent crude futures were at $60.90 at 0614 GMT. That was 38 cents, or 0.6 percent, below last session’s […]
Dr Salman Shah appointed as an adviser to CM Punjab
Dr Salman Shah has been appointed by the government of Punjab as an adviser on economic affairs and planning to Chief Minister Punjab Usman Buzdar. After the resignation of Akram Chaudhry from his post, Salman Shah was appointed as the adviser. Chaudhry also excused himself from taking the post of Chairman of Food Authority. Chief […]
Formalization and economic reforms
Transition towards formalization and urbanization not only benefits the economy, it also has benefits for the larger good of society. The state and society in Pakistan needs to move towards even further formalization of relations of power and production. Economic reforms, boosting exports, improving human and physical infrastructure, and the new economic agreements need to […]
Bilawal lashes out at PTI’s economic plan
Terming the ruling Pakistan Tehreek-e-Insaf (PTI) government incompetent, Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari on Thursday said the common person is drowning in the tsunami of inflation while the government lacks any plan, mission or vision to tackle the situation. “This government has no plan, no mission and no vision,” the PPP chief […]
Women entrepreneurship and economic empowerment
Women entrepreneurs play a vital role in economic development. Women feel more empowered when they start earning and become independent, responsible persons. Women entrepreneurs are not only creating job opportunities but also economic security. Women can be economically empowered through job creation, capacity building and leadership. Women entrepreneurs are economic drivers. Women entrepreneurs supported by […]
CPEC: ECONOMIC PROSPERITY FOR PAKISTAN
With the promise of international opportunities and unlimited resources, Pakistan has embarked on a journey of economic growth. Being the 23rd largest economy in the world by Purchasing Power Parity, Pakistan has now picked up the pace in collaboration with the economic partners from around the world. The state now possesses the strength to boost […]
The economic mess
The economic mess in Pakistan is getting worse with every passing day. Depleting foreign exchange reserves, unfavourable trade balance, fiscal deficit, mounting circular debt, regressive taxation, the energy crisis and the free fall of rupee are all factors in this crisis. Most of the exports from Pakistan are manufactured goods. The textile industry constitutes a […]