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Posts tagged as “Economy”

Maryam, US envoy Blome meet in Murree

Report in Dawn, September 4th, 2023LAHORE: Pakistan Muslim League-Nawaz (PML-N) Vice President Maryam Nawaz and US envoy to Pakistan Donald Blome on Sunday held a meeting at her Murree residence wherein both sides discussed matters of mutual interest, including economy and security. The picture of the meeting was shared by the PML-N social media account. It was also re-tweeted by the PML-N chief organiser. The statement posted by the former ruling party’s handle said that…

Washington-Kabul talks focus on economy, human rights, anti-drug trafficking

By Fidel Rahmati in Khaama Press online, Aug 1, 2023Following two days of extensive negotiations in Qatar, the U.S. State Department reported on Monday that American representatives informed the Taliban in Afghanistan that Washington was willing to engage in technical talks about maintaining economic stability and combating drug trafficking. Meanwhile, the Taliban representatives raised the issue of lifting the travel and other restrictions on their leaders and the return of Central Bank assets of the…

US-Taliban talks focus on economy, human rights, anti-drug trafficking

report in The News, August 01, 2023WASHINGTON/KABUL: The US officials told Afghanistan’s Taliban that Washington was open to technical talks on economic stability and discussions on combating narcotics trafficking, the US State Department said on Monday following two days of talks in Qatar. Taliban officials raised the lifting of travel and other restrictions on Taliban leaders and the return of Afghan central bank assets held abroad, the Kabul administration said. The US side repeated concerns…

Policy paints rosy picture of economy amid fiscal trouble

by Prithvi Man Shrestha in The Kathmandu Post, May 20, 2023The government has overstated the country’s economic performance at a time when its main statistics body has painted a gloomy picture of the economy. Presenting the government’s policies and programmes for the fiscal year 2023-24 in a joint session of the House of Representatives and the National Assembly on Friday, President Ramchandra Paudel said all the sectors were witnessing positive outcomes as a result of…

Risk of deflation, lacklustre consumption are red signals on China’s path to economic recovery

by Frank Tang in SCMP, Apr 15, 2023China’s falling producer prices and slowing consumer price rises have triggered warnings about the risk of deflation and inadequate demand, the latest red alerts for the world’s second-largest economy at a critical juncture in its post-pandemic recovery. The low-price environment puts Beijing’s policymakers in a much better position than their Western peers, who are busy dealing with high inflation and financial market turbulence, and allowed them to extend…

Economy, next election major challenges for Bangladesh: UN

Report in Prothom ALo, Apr 6 2023Bangladesh will face some major challenges related to its economy and the next general election in 2023, the UN said. These challenges were predicated in the “UN Country Team Results Report Bangladesh 2022” released on Tuesday. The UNCT report said, “The year 2023 brings major challenges and some opportunities. Against the backdrop of global recovery from the Covid-19 pandemic, the war in Ukraine, competing demands for development and humanitarian…

Millions of dollars being smuggled into Afghanistan daily: report

Report in The News, Feb 8, 2023KARACHI: Millions of dollars are being smuggled into Afghanistan from Pakistan every day, providing some support for the squeezed economy after the US and Europe denied the Taliban regime access to billions in foreign reserves. For Islamabad, the outflows are exacerbating a rapidly developing economic crisis, foreign media reported. Traders and smugglers are bringing as much as $5 million across the border daily, according to Muhammad Zafar Paracha, general…

World Economic Forum report: B’desh faces five major risks in the next two years

report in Prothom Alo , 13 Jan 2023,Bangladesh faces five major risks in the next two years with sustained inflation, debt crises and severe commodity price shocks being the top three challenges for its economy, said a report released by the World Economic Forum (WEF). Besides, human-made environmental damage and geopolitical contestation of resources are the rest two risks the nation might face in the short term, according to WEF’s The Global Risks Report 2023,…

The terrorism threat

by Fakhar Kakakhel in TNS, Dec 25, 2022The writer is a Peshawar based researcher, trainer and journalistOver the past year, the Tehreek-i-Taliban Pakistan has carried out a number of attacks across Pakistan, killing and injuring dozens of people. The fear of terrorism has had a significant psychological impact on the population. It has also disrupted the tourism economy, as tourists have been hesitant to visit areas seen prone to terrorist activity. The government has taken…

Ministry Orders NGOs to Suspend Female Staff

By Mujeeb Rahman Awrang Stanikzai, Head of TOLOnews, Dec 24, 2022 at 11.04pmThe Ministry of Economy in a statement on Saturday ordered all national and international non-government organizations to suspend their female staff members until the next announcement. The ministry warned that if any organization to which it has issued a license, does not implement the order, its license will be canceled. The announcement faced widespread reactions from NGOs and Afghans across the country. Amnesty…

RW moots probe on those responsible for making SL bankrupt

report in The Daily FT, Dec 9, 2022President Ranil Wickremesinghe yesterday called on the Parliament to form a Select Committee to investigate monetary and fiscal policy failures that led to sovereign default on foreign debt and economy to bankruptcy. “If the House agrees I can appoint a Presidential Commission of Inquiry,” he told the House joining the debate on 2023 Budget. “Otherwise have a Select Committee. The Parliament has powers to do that. You all…