In its new Monitor on the World of Work report, ILO shows that while in high-income countries, only 8.2 per cent of people willing to work are jobless, that number rises to over 21 per cent in low-income countries – or one in every five people. Low-income countries in debt distress are worst affected, with…
WMO latest State of the Global Climate report shows that the last eight years were the eight warmest on record, and that sea level rise and ocean warming hit new highs. Record levels of greenhouse gases caused “planetary scale changes on land, in the ocean and in the atmosphere”. The organization says its report, released…
The Afghanistan Socio-Economic Outlook 2023, released by the UN Development Programme (UNDP), provides an overview of the fallout resulting from the takeover of Afghanistan by its present-day de facto rulers, the Taliban, in August 2021. Immediately after the Taliban assumed power, the Afghan economy collapsed, accelerating Afghanistan’s decade-long slide into poverty; with a population estimated…
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…
File photo Federal Information Minister Maryam Aurangzeb has said that Imran Khan is responsible for the economic, political and constitutional crisis in the country. Reacting to the statement of former Prime Minister Imran Khan, he said that anyone who facilitates this mischief and mischief is a criminal of the nation. Maryam Aurangzeb said that you…
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…
