Govt’s stats, economic survey ‘based on lies’, PTI on federal budget

Opposition Leader Omar Ayub Khan is addressing the National Assembly session on June 20, 2024. — Screengrab/YouTube/GeoNews ISLAMABAD: PTI Secretary-General and Leader of the Opposition in the National Assembly Omar Ayub Khan has slammed the budget 2024-25 unveiled by the federal government last week, saying that all figures and economic surveys are “based on lies”.  […]

Experts share two cents on Pakistan Economic Survey 2023-24

A vegetable vendor (L) attends to a customer at a market in Islamabad on June 3, 2024. — AFP Pakistan’s gross domestic product (GDP) witnessed a growth of 2.38% in the outgoing fiscal year unexpectedly as it was estimated to increase by 2%, said Finance Minister Muhammad Aurangzeb on Tuesday. While unveiling the Pakistan Economic Survey 2023-24, […]

Economic Survey 2023-24: Aurangzeb highlights GDP contraction, urgent need for IMF programme | The Express Tribune

ISLAMABAD: The Economic Survey of Pakistan 2023-24, a pre-budget document detailing the country’s major socio-economic achievements during the outgoing fiscal year, has been launched. Finance Minister Muhammad Aurangzeb presented the survey. Aurangzeb highlighted that during the financial year 2022-23, Pakistan’s GDP contracted, and the rupee depreciated by 29%. He stressed the necessity of entering the […]

Pakistan economic survey 2023-24 to be unveiled today

Representational image of people buy pulses and grains at a wholesale market. — AFP/File  The Economic Survey of Pakistan 2023-24, a pre-budget document containing the details of major socio-economic achievements during the outgoing fiscal year, is set to be launched today (Tuesday).  Finance Minister Muhammad Aurangzeb will present the survey in the National Assembly at […]

Confidence in country’s economic direction rises from 12% to 18% | The Express Tribune

Pakistanis who believe the country is heading in the right direction increased from 12% to 18%, according to a latest Consumer Confidence Index Survey report by market researchers Ipsos. The survey, conducted through CATI interviews with over 1,000 participants from all provinces, Islamabad Capital Territory, Gilgit-Baltistan, and Azad Jammu and Kashmir, shed light on various […]

Economic policies: confusion prevails | The Express Tribune

ISLAMABAD: In the span of just a few days, two seemingly contradictory headlines graced the front pages of Pakistan’s newspapers, shedding light on the perplexing state of the country’s decision-making. The first headline, about wheat crisis, detailed how wheat prices had plummeted, leaving farmers unable to secure the guaranteed support price for their produce due […]

‘Riding two horses at once’: Pakistan seeks UK advice for economic plan | The Express Tribune

ISLAMABAD: As the United Kingdom government starts advising Pakistan to develop a “home-grown” economic plan, confusion persists in official circles about the prime minister’s move to outsource the planning when the script of a new International Monetary Fund (IMF) programme has already been finalised. Stefan Dercon, the policy advisor of the Foreign Commonwealth and Development […]

FinMin doubles down on privatisation, links it with economic stability

Finance Minister Muhammad Aurangzeb speaking at the Pre-Budget Conference 2024-25 in Lahore on May 12, 2024. — Screengrab/YouTube Hum/News Live Finance Minister Muhammad Aurangzeb Sunday stressed the significance on the need to move towards privatisation linking it with the country’s economic stability. Speaking at the Pre-Budget Conference 2024-25 in Lahore, the finance minister said: “You have […]

Great Debate: Experts urge effective taxation to overcome economic challenges

Economists and top entrepreneurs attend ‘Great Debate’ live on Geo News. — screengrab/GeoNews/YouTube KARACHI: As Pakistan faces a difficult economic situation with its people suffering from sky-high inflation and economic indicators such as depleting forex reserves and stagnant exports painting a bleak picture, the financial experts and top businessmen of the country have urged focusing […]

PSX hits all-time high of 72,051 points on economic hopes

Stockbrokers monitor the latest share prices during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on December 2, 2022. — APP KARACHI: Pakistan stocks hit another record high by surpassing the 72,000 point mark as investors cheered a major recovery in foreign exchange reserves amid hopes of a cut in the key […]

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