News
Beyond stabilisation
4+ hour, 14+ min ago (405+ words) Dawn Get the latest news and updates from Dawn PRIME Minister Shehbaz Sharif is right to note that the US-Iran conflict has adversely affected Pakistan and other regional economies. It is no surprise that wars, energy disruptions and geopolitical uncertainty…...
Modest gains in GDP, per capita income indicate recovery in output, government says
2+ day, 19+ hour ago (659+ words) ISLAMABAD: Pakistan's gross domestic product (GDP) and per capita income increased in dollar terms at a modest pace, indicating a recovery in the country's overall output compared to the previous year, the government said on Wednesday. It was revealed that…...
Finance minister discusses budget preparations with visiting IMF mission
2+ day, 23+ hour ago (540+ words) Finance Minister Muhammad Aurangzeb on Wednesday discussed preparations for the upcoming federal budget and the country's broader reform agenda with the International Monetary Fund (IMF) visiting Islamabad, the finance ministry said. He briefed the delegation on the country's macroeconomic outlook,…...
Rebuilding tax morale
3+ day, 5+ hour ago (286+ words) When that trust holds, people comply " not because they are forced to, but because they believe in the system. Across many countries, most citizens say cheating on taxes is wrong. Compliance breaks down not because people reject taxation, but because…...
Inflation surges 15. 16pc on costly fuel
1+ week, 6+ hour ago (478+ words) ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), surged by 15. 16 per cent year on year in the week ending May 7, driven largely by higher retail prices of petroleum products and eatables, according to official data released on Friday....
Mideast war taking a toll on Pakistan's "wedding economy'
1+ week, 5+ hour ago (684+ words) " Marriage halls increase rates or avoid long-term pricing commitments due to economic uncertainty" Govt austerity measures have led to stricter enforcement of wedding regulations, including the 10pm curfew and one-dish policy KARACHI: With temperatures climbing, wedding invitations seem to have mercifully…...
Taxation with equity
1+ week, 4+ hour ago (310+ words) The second fact is that many of the MNCs exiting the country had been operating profitably for decades. They had weathered many crises in Pakistan, including conflicts and disturbed internal security conditions for prolonged periods. Clearly, an inflection point of…...
Rising productivity could fuel inflation
1+ week, 2+ day ago (141+ words) WASHINGTON: Rising productivity won't necessarily lower inflation and could actually increase it if businesses and households anticipate future gains and begin to incr'ease spending, leading to higher prices and the possible need for tighter monetary policy, Chicago Federal Reserve Presi'dent…...
Still in stabilisation mode - Business - DAWN. COM
1+ week, 5+ day ago (551+ words) The State Bank of Pakistan's (SBP) decision to raise the policy rate by 100 basis points to 11. 5 per cent is an unmistakable signal: there is a clear preference for stability over economic growth; discipline over expansion. In a climate already weighed…...
Another Petroleum Price Hike Sparks Widespread Criticism Across Pakistan | Dawn News English
2+ week, 4+ day ago (29+ words) Dawn Trump, administration officials likely targets of shooting at White House correspondents' dinner: US official Next Story...