Published in Dawn on December 15, 2024 FINANCE Minister Muhammad Aurangzeb’s comment at an Islamic finance conference that, having effectively addressed its economic woes, the country is on the path to stability and growth, is overly optimistic, if not boastful. It is true that the country no longer faces the economic emergency of a year ago, when […]
By Khaleeq Kiani Published in Dawn on December 04, 2024 ISLAMABAD: With almost $29 billion in loans, China has become Pakistan’s largest creditor. The nation, home to 240 million people, also ranks among the top three loan recipients from the International Monetary Fund (IMF) this year, according to a World Bank report. The World Bank’s International Debt[…]
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DecBy Rashid Amjad Published in Dawn on December 03, 2024 THERE are indeed signs that the economy is stabilising. The PSX share index has, for the first time, crossed 100,000 points. The rupee-dollar exchange rate has remained stable over the entire year despite speculation to the contrary. The inflation rate has come tumbling down to around six[…]
