Middle East problems amplified by coronavirus

A second wave of the coronavirus pandemic is raising its ugly head. It is putting Middle East leaders at a crossroads as they struggle...

Why lower energy costs don’t trickle down in Pakistan

As energy prices hit new lows in international markets - due to plummeting global demand owing to the Coronavirus - business dynamics in Pakistan...

PTI govt presents its second federal budget with total outlay of Rs 7294.9 billion

The federal budget for the next fiscal year 2020-21 with a total outlay of 7294.9 billion rupees was presented. Minister for Industries and Production...

Economy of Pakistan and The Coronavirus

Around the globe, countries are trying to manoeuvre through the coronavirus; monetary and fiscal policies are extensively being used to ensure the economic impact...

US Economy future uncertain, warns Federal Reserve

The Federal Reserve (Fed) on Wednesday projected a solid rebound for the US economy next year amid optimism that the worst of the coronavirus...

HSBC under fire in UK for its stance on Hong Kong

Asia-focused banking giant HSBC's vocal support for China's controversial Hong Kong security law has not been well received in Britain, the former ruler of...

World facing worst economic situation in 150 years: World Bank

The coronavirus pandemic inflicted a "swift and massive shock" that has caused the broadest collapse of the global economy since 1870 despite unprecedented government...

New WTO chief: it’s Africa vs the West in race for top trade spot

The World Trade Organization on Monday kicked off the process for selecting a new director-general, after its current chief Roberto Azevedo decided to leave...

Fiscal budget 2020-21: The best way forward

As Pakistan moves towards its Fiscal Budget 2020-21, perhaps the most difficult since its inception, ironically the national economic management per se seems to...

How Does the UK-Pakistan Tech Initiative Set to Improve Economic Growth?

The UK-Pakistan Tech Initiative was launched in 2019, with the aim being to improve economic growth between the two countries. So, how exactly will the scheme achieve this ultimate goal?