Current Affairs Economy July 2016

Iran’s Global Banking Problems Deepen With Rise of Trump, Brexit

Britain’s vote to leave the European Union and the rise of US presidential nominee Donald Trump have paralysed efforts by Western governments to encourage already highly reluctant international banks to do business with Iran.

Read more July 31

Missed Economic Targets | Editorial

Analysing the performance of the PML-N government over the past three years tells us that the ruling party appears obsessed with infrastructure projects.

Read more July 28

CPEC: Tough Road Ahead | Editorial

When a project as huge as the China-Pakistan Economic Corridor (CPEC) is implemented, issues are bound to arise especially in a country like Pakistan, where inefficiency, corruption and political instability plague the system.

Read more July 25

Who Controls The CPEC? | Editorial

Reports have surfaced that the Chinese are have been suggesting, rather insisting, that the government formally rope in the Pakistan army to ensure the management and smooth execution of the billion-dollar CPEC project.

Read more July 20

Our Economy By Dr Kamal Monnoo

Confidence in Prime Minister Nawaz Sharif and his team is waning, three years after he swept to power in a landslide election. Business executives and entrepreneurs in Lahore and Karachi grumble about the lack of big reforms and almost everyone these days’.

Read more July 20

'IMF's Eleventh Review': MoF's Response By S Ejaz Wasti

The revenue target for FY 2016-17 has been fixed at Rs 3,621 billion which is 16.4% higher than the provisional collection of FY 2015-16. It is pertinent to mention that revenue target for FY 2015-16 was Rs 3,104 billion requiring a growth of about 20% and FBR has achieved the target to the tune of 100.3% or Rs 8 billion higher than the given target.

Read more July 19

ADB Forecasts Economic Boost in Pakistan in 2016-17

The Asian Development Bank (ADB) has forecast further boost in Pakistan's economic growth during 2016 and 2017 due to high investment in infrastructure, improved security environment and energy supply.

Read more July 19

Global Economic Challenges By Zafar Azeem

The growth of global economy otherwise can be undermined by the factors like emerging risks and uncertainty which cause turmoil in the world's financial markets. Why such turmoils happen.

Read more July 14

Pak Economy Moving Ahead to Stronger Points: Bloomberg Report

Bloomberg has termed the Pakistan Stock Exchange (PSX) the best of the Asian markets in a report which said it has regained the ‘tiger’ status in the region with 15 per cent rise and increasing rate of annual growth.

Read more July 14

CPEC: The Game Changer By Syed Hamzah Saleem Gilani

The China Pakistan Economic Corridor (CPEC) is a bouquet of projects, presently under construction, at a cost of $46 billion which aims to improve Pakistani infrastructure and to deepen the economic and political ties between China and Pakistan.

Read more July 12

IMF Eleventh Review By Dr Hafiz A Pasha

The IMF completed the penultimate (eleventh) quarterly review of the Extended Fund Facility to Pakistan recently. The cumulative loan from IMF under this programme has reached $6 billion.

Read more July 11

CPEC and Economic Restructuring By M Ziauddin

In the initial years while the China-Pakistan Economic Corridor (CPEC) project is being completed and perhaps even at least a decade from the completion Pakistan .

Read more July 07

Maximising benefits of the economic corridor By Talat Masood

The China-Pakistan one-belt one-corridor project is by far the most ambitious mega project that Pakistan has undertaken in its 68 years of existence with its closest strategic and economic partner China.

Read more July 07