‘Taxation reforms’ key to sustainable economy | The Express Tribune

ISLAMABAD: Finance Minister Muhammad Aurangzeb on Wednesday said the government is committed to economic reform in an effort to ensure sustainable economic development in the country. The minister spoke at the JP Morgan Seminar on Pakistan’s Economic Policy Outlook. Read more: Waterways revolution: a green, blue future economy He outlined three important reform areas of taxation, […]

FinMin Aurangzeb fills in PM Shehbaz on state of economy ahead of IMF talks

Finance Minister Muhammad Aurangzeb (left) meets Prime Minister Shehbaz Sharif on April 12, 2024. — APP  Finance Minister Muhammad Aurangzeb on Friday met Prime Minister Shehbaz Sharif and briefed him about his scheduled meetings with the officials of the International Monetary Fund (IMF), World Bank (WB), and other institutions during his upcoming visit to the […]

Federal Reserve’s Jerome Powell rules out recession in US economy

American economy evades recession despite earlier predictions. — Bloomberg/File Jerome Powell, the chair of the Federal Reserve, ruled out the possibility of a recession in the economy of the United States in the near future, saying that there is no reason to believe it. Addressing a conference in San Francisco, Powell said, “Growth is strong. […]

Aurangzeb ‘better choice’ to manage Pakistan’s economy ahead of IMF talks: analysts

Muhammad Aurangzeb officially takes over the responsibility as Finance Minister of Pakistan in Islamabad, on March 11, 2024. — Ministry of Finance Analysts termed former JPMorgan banker Muhammad Aurangzeb as a “better choice” to manage the country’s economy ahead of the crucial negotiations with the International Monetary Fund (IMF) for a fresh bailout package this […]

Maximising zakat’s impact on economy | The Express Tribune

KARACHI: Zakat, an essential pillar of Islam, holds remarkable promise not only as a religious duty but also as a driver of economic growth and societal welfare. It is calculated based on one’s accumulated wealth and assets, aiming to distribute resources among the community, particularly benefiting the less fortunate. However, its impact goes beyond charity, […]

General elections and economy | The Express Tribune

LAHORE: Elections have been held according to the announced date, which has ended the uncertainty surrounding the electoral process. Initially, the election campaign remained slow owing to the lingering uncertain political situation as the country had been in the grip of rumours that the tenure of caretaker setup will be extended by considering the security […]

Super Bowl to generate $500m for Las Vegas economy

Super Bowl advertisement illustration for the year 2024 in Las Vegas. — Super Bowl This weekend, you ought to be in Las Vegas as it is the setting for Super Bowl LVIII with a $500 million economic profit expected from the giant sports event. With a capacity of almost 65,000, Allegiant Stadium in Las Vegas […]

Election manifesto – PML-N’s cautious optimism on economy | The Express Tribune

ISLAMABAD: The Pakistan Muslim League-Nawaz has unveiled a cautiously optimistic economic manifesto in a bid to strike a balance between high hopes of the people and harsh ground realities with regard to the country’s dire financial straits, setting mostly achievable goals without unravelling the economic stability. Some of the goals are largely in line with […]

Nawaz Sharif’s tenure ‘best’ for Pakistan’s economy: analysis

Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif. — X/@pmln_org A recent analysis has revealed that Pakistan’s economy had the best performance in the past three decades under Nawaz Sharif’s premiership as compared to his opponents.  According to Bloomberg Economics, Sharif’s PML-N scored better than Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) and Bilawal Bhutto Zardari’s Pakistan Peoples Party (PPP). […]

IMF warns of risks to economy despite stabilisation | The Express Tribune

ISLAMABAD: The International Monetary Fund said on Saturday that Pakistan’s economy has stabilised but warned that serious risks have emerged to Islamabad’s debt sustainability and its ability to pay back the IMF loans. The caretaker government has managed to maintain economic stability on the back of decisive policy efforts, acknowledged the IMF in its staff […]

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