The BSP projects that the total expenditure will shrink by 5.6pc against budget estimates during this fiscal year.
The development partners attribute Pakistan’s under-performance to global price trend, energy deficit, weak investment.
Investors looking to commit resources in the CPEC-related projects are anxious: business tycoon on Panamaleaks
The business community sees incremental economic growth in the year ahead but rules out a sharp increase in the rate.
Economic managers are struggling to come to grips with the key triggers that sway markets without prior warnings.
'The growth in India, Pakistan, Indonesia, Vietnam and scores of other Asian countries is above global average.'
Economists suggested a realistic roadmap for pan Asia cooperation, along the same lines as the EU experience.
Finance Minister Ishaq Dar confirmed that the suggestion was well received by the panel.
ADB and AIIB select Pakistan as the destination for a $300mn project to construct a road in Punjab.
Over the past two weeks the real estate prices have climbed. Investors are again looking for short-term options.
Dr Abdul Malik wants assurance of environmental standards, a job quota for locals and electricity to Bela district.
'Within Pakistan the legal framework covers dormant companies but does not permit shell companies.'
‘WikiLeaks of the mega rich’ may cloud business sentiments in Pakistan for a fleeting moment.
The summer wardrobe spending of elite customers is high and rising. This class has higher propensity to respond to
In this special report the ‘Business’ team tries to look deeper to map progress, assess value, identify gainers/losers.
‘Boosting exports is a huge task even for developed economies owing to the global slowdown.
Movers and shakers say they are watching political developments in Karachi with interest.
‘The industry responded by experiencing five stages of grief: denial, anger, bargaining, depression and acceptance’
THE country’s trading community appears to be somewhat distinct from manufacturers, farmers, transporters, ...
“Ethics is an important dimension of economics and should be treated as such” — PIDE Vice-Chancellor Dr Asad Zaman