Decision to ban import of luxury items will save the country’s precious foreign exchange, says Prime Minister Shehbaz Sharif The federal government has banned import...
Pakistan’s economy enjoyed a strong recovery and grew 5.6 percent in FY21 following measures taken by the government to mitigate the adverse socio-economic impacts of...
ISLAMABAD: Prime Minister Imran Khan on Tuesday said Pakistan’s macroeconomic indicators were stable and expressed confidence that by the end of the fiscal year, the...
KARACHI: Pakistan’s current account deficit widened by 46.65 percent MoM to stand at $1.66 billion in October 2021 from $1.13bn in September 2021. According to...
FRANKFURT: Global supply chain bottlenecks forced the German government to downgrade its 2021 growth forecast on Wednesday as it prepares to hand over the reins...
TOKYO: The Japanese government on Wednesday downgraded its overall assessment of regional economies for the first time in 18 months, with a global chip crunch...
Semiconductor chips are vital components in new cars and are widely used in infotainment systems, power steering and brakes. An average vehicle may have hundreds...