Economic outlook
Contrary to the claims, assessments and predictions by a number of economists and analysts, the FBR has collected Rs 1590.462 billion against the tax collection target of Rs 1588 billion…
Russians feel little economic pain now, long-term outlook darkens
For Oleg Kechin, owner of a chain of barbershops, forecasts that Russia will be plunged into its deepest economic crisis in a generation feel overdone. US President Joe Biden may…
Institutions and economic performance: Election Outlook-XIX
There is a long list of economists-from Adam Smith to W Arthur Lewis and from Douglas C North to Niall Ferguson-who have strongly highlighted the importance of institution building for…
China’s debt-laden local governments pose challenges to economic growth, financial system
China’s push to revive the economy this year by increasing infrastructure spending while warding off financial risks is facing headwinds from massive local-government debt, which is more than $9 trillion…
Economic sabotage?
Ishaq Dar eagerly misses no opportunity to shift the blame for Pakistan’s economic woes, despite the disasters surrounding his stewardship of the country’s beleaguered finances. It was in this spirit…
Lethargic economic management
About 84% of countries are expected to have lower headline (consumer price index) inflation in 2023 than in 2022. Global inflation is set to fall from 8.8% in 2022 (annual…
Economic slowdown will force workers into worse jobs: UN
A global economic slowdown will force more workers into accepting lower quality, poorly paid jobs in 2023, while inflation gobbles up real term wages, the United Nations warned Monday. As…
Global economic challenges and prospects for 2023
A few days before the release of World Bank’s flagship ‘Global Economic Prospects’ (GEP) January 2023 report recently, the managing director (MD) of International Monetary Fund (IMF) pointed towards a…
Outlook 2023
After a very disappointing and disorderly year end, the global market is probably heading for another difficult period. With very few potential opportunities in the pipeline, it is more likely…
Economic emergency
Just as ‘Nero’ famously played the flute while Rome burnt, Pakistan’s Finance Minister Ishaq Dar has left no chance to repeatedly proclaim his ‘sub achha’ (all is well) mantra as…
