Pakistan-IMF talks fails once again

Pakistan and the International Monetary Fund (IMF) have again failed to reach a staff-level agreement at the scheduled time because of differences over the macroeconomic framework and deepening uncertainty over the future roadmap of the economy. The fresh round of...

Chinese help sought for rice industry

The future is bright for Pakistan’s rice sector with China being one of the major markets for the country, noted Rice Exporters Association of Pakistan Senior Vice President Faisal Jahangir Malik. In an interview, he said that Pakistan is an agricultural country where...

Price hikes unlikely to hurt growth

The recent surge in prices of petroleum products and power tariff is unlikely to hurt economic growth in the ongoing fiscal year despite the fact that the price hike will lift inflation reading by around one percentage point immediately. “Strong inflows of workers’...