Ongoing fiscal reforms have also failed to address growing differences between the federal government and the provinces over the rights to collect certain taxes and levies
Updated05 Feb, 202411:53am
In the first half of the current fiscal year, the private sector’s net borrowing from banks plunged to minus Rs8bn from Rs408bn
Published29 Jan, 202408:13am
The government will have to rely heavily on bank borrowings for various needs, such as national security and salaries, leaving minimal funds for crucial development projects.
Published15 Jan, 202407:55am
A modest rate cut just to signal to the markets that the days of a tight monetary policy are gone won’t help revive industrial pro
Published08 Jan, 202408:13am
Even if ideal conditions prevail next year to tame back-breaking inflation, containing soaring food prices will be much trickier
Updated01 Jan, 202409:55am
In the absence of enough bank credit flowing towards businesses, the private sector will utilise its retained savings, frustrating
Published18 Dec, 202307:12am
Despite some improvements in indicators, future improvements in the economy seem more based on hope than structural changes
Published20 Nov, 202307:46am
The big industry’s output recovery after a long gap of 11 months is also bound to put extra pressure on the local currency.
Published23 Oct, 202307:01am
As import restrictions ease and MNCs clamour for freer repatriation of profits and dividends abroad, the rupee’s rise could be short-lived.
Updated09 Oct, 202301:16pm
Annual losses of the gas sector alone are Rs360bn, 120 times the amount of Rs3bn the government has earmarked for a scheme...
Published02 Oct, 202307:39am