IMF lowers global economic growth outlook as ‘fog thickens’

IMF lowers global economic growth outlook as ‘fog thickens’

Global inflation is also heading down, signalling that the tightening of monetary policy through major interest rate rises is bearing fruit, though more slowly than initially anticipated, said the IMF’s Director of Research, from 8.7 percent last year to seven percent this year, and 4.9 percent in 2024. Gradual recovery ‘remains on track’ Pierre-Olivier Gourinchas said…

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A developed country, China, is responsible for Pakistan's economic situation

A developed country, China, is responsible for Pakistan’s economic situation

They have been helping Pakistan in difficult times and will continue to do so in the future; China (Photo: File) Beijing: China, while criticizing the monopoly of lending countries and institutions, has said that the financial policies of a developed country are responsible for the worsening economic situation of other developing countries, including Pakistan. His…

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Taliban's decision to convert US military bases into economic zones

Taliban’s decision to convert US military bases into economic zones

Plans to convert military bases in Kabul and Balkh into economic zones will begin soon; Photo: File bill to: Taliban Deputy Prime Minister Mullah Abdul Ghani Baradar has said that they are preparing a plan to convert former foreign military bases across the country into “Special Economic Zones”. According to the international news organization, the…

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Reforms in revenue policies are necessary for economic development, Finance Minister

Reforms in revenue policies are necessary for economic development, Finance Minister

Islamabad: (Dunya News) Federal Finance Minister Ishaq Dar has said on the occasion of the inauguration of Reforms and Resource Mobilization Commission in FBR that reforms in revenue policies are necessary to achieve sustainable economic development. Addressing the event, Pakistan Muslim League (N) senior leader and Finance Minister Ishaq Dar said that the current government…

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