This image of representation shows people who walk on a road in New York, in the United States. – Unplash The unemployment rate should remain stable at 4.2%. Average hourly income increased by 0.3%; Up 3.9% in annual shift. The average work week is probably stable at 34.2 hours. The United States has probably slowed … Read more
The American Treasury Secretary, Scott Bessent, answers questions from journalists from the Institute of International Finance (IIF) Global Outlook Forum On Tielines of the IMF and World Bank 2025 Annual Springs Meetings in Washington, DC, United States, April 23, 2025. The head of the US Treasury says that the IMF, WB moved away from their … Read more
A World Bank building. – Reuters / File WB says real growth must be supported by recovery of private consumption. Investment motivated by disinflation, drop in interest rates to increase GDP. The report indicates that growth remained low during the first half of the 201025 financial year. Pakistan’s economy stabilizes and should grow 2.7% during … Read more
A man reads the newspaper while selling Bétel leaves, known as the saucepan, cigarettes and candy in a shop in Karachi. – Reuters / File Unemployment to remain stable at 8%. Inflation was observed at 7.7% next year. Current account deficit to reach 0.4%. Islamabad: The International Monetary Fund (IMF) lowered Pakistan’s economic growth projection … Read more
US President Donald Trump has a decree signed on AI, in the White House Oval Office in Washington, United States, January 23, 2025. – Reuters The International Monetary Fund has greatly reduced its forecast for global economic growth, citing the disruptive impact of the new prices of President Donald Trump, AFP reported. In its latest … Read more
The logo of the International Monetary Fund (IMF) is seen outside the head office in Washington, in the United States. – Reuters / File The IMF staff agreement (SLA) with the Pakistani authorities on the first Examination of the Extended Fund of 37 months (EFF), while introducing a new 28 -month arrangement as part of … Read more
Listen to the article Prime Minister Shehbaz Sharif announced on Wednesday that his government was trying to improve telecommunications services and increase internet access in distant regions of Pakistan, in order to extend IT exports and support the community of growing freelancers of the country. During a meeting of the economic advisory council, the PM … Read more
The panelists are engaged in a frank conversation on economic challenges, tax policies and public alleviations at Geo News Show Debate organized by Shahzeb Khanzada. – Screengrab via YouTube / Geonews The country cannot afford rapid economic growth despite stability: Langrial. Tabba calls for native growth, not importation. ARIF HABIB CONDITIONS The approach of the … Read more
The Minister of Finance of India, Nirmala Sitharaman, holds a file with the government of the India logo when it poses with its officials while leaving its office to present the annual budget in Parliament, in New Delhi, India India , February 1, 2025. – Reuters New Delhi: India plans to reduce income tax rates … Read more
A currency broker stands near his stand, which is decorated with photos of currency tickets, while dealing with customers, along a road in Karachi, Pakistan, January 27, 2023.— Reuters Inflation dropped to 7.2% in H1-FY2025, compared to 28.8% a year earlier. The agricultural sector increased by 6.2% during the 201024 financial year, supported by the … Read more
A man walks with bags of supplies on his shoulder to deliver them to a nearby store at a market in Karachi, Pakistan, June 11, 2024. — Reuters The IMF forecasts Pakistan’s GDP growth of 4% in 2026. Expects a 2.6% drop in energy commodity prices in 2025. It forecasts a 2.5% increase in the … Read more
IMF Managing Director Kristalina Georgieva speaks during a press briefing during the 2024 Spring Annual Meetings of the IMF and the World Bank in Washington, United States, April 19, 2024. — Reuters Higher interest rates persist, affecting global economic stability. Diverging regional growth trends highlight uneven recovery trajectories. The IMF warns of rising financing costs … Read more