Government borrows Rs68 billion ($795 million) a month leads to higher inflation
Dilutes effects of State Bank’s tight monetary policy and discourages private investors
Calls for early passage of “SBP Act” from Senate to put restrictions on …

ISLAMABAD: Four out of eight key economic indicators of Pakistan are in the negative zone during the July-October period of the ongoing fiscal year 2010-11 as compared with the same period last fiscal year. Inflation, …

KARACHI:A majority of Pakistanis believe that the economy is in recession and that it will not revive within the next 12 months. However, consumer confidence in the country has remained stable during the past six …

ISLAMABAD: Muttahida Qaumi Movement, MQM- associated members of the National Assembly have expressed deep concern over problems caused due to electricity crisis in the country including Karachi, Hyderabad and interior Sindh. The party’s parliamentarians said …

Lately former Prime Minister Nawaz Sharif vowed that he is capable of bringing the prices of goods equal to the prices 1970s. I was really petrified having bit of knowledge about country’s prevailing economic …

Government has accomplished the peak of interest rate hikes by revising it for the four times in the current year and any further increase will be devastating for the economy, Pakistan Economy Watch said Friday. …

Islamabad: Pakistan Economy Watch has said that the weakness of government and lax attitude of authorities has again pushed up the prices of wheat, flour, milk and fertilizers. Prices of pharmaceuticals will be hiked shortly. …

KARACHI: Advisor to Prime Minister on Finance Shaukat Tareen said Wednesday that foreign exchange reserves will be built- up with the help of sufficient inflows being arranged in next three to four weeks. He …

ISLAMABAD: The Economic Coordination Committee of the Cabinet (ECC) which met here on Tuesday under the chairmanship of Prime Minister Syed Yousuf Raza Gilani reviewed the price situation and it was informed that sensitive price …

ISLAMABAD: Due to Pakistan economy’s burgeoning income-expenditure gap, the government’s borrowing for budgetary support increased to Rs58.24 billion during the first month of fiscal year 2008-09, depicting an increase of 40.95 per cent compared to …