Economic Review

Review report flags elevated risk of geopolitical conflicts only area of concern

The review has noted the importance of having the right balance between development and emissions mitigation

The report states that a common thread through all the reforms undertaken during the last nine years has been the use of technology and digital platforms

Innovation, tech needed for nutritious food basket

The IMF will send its delegation to Pakistan in the last week of October to review the cash-strapped country's economic performance in the first three months of the current fiscal year, according to a media report on Tuesday. Quoting sources in the Ministry of Finance, The Express Tribune newspaper said that during the meeting with the International Monetary Fund (IMF) mission, the caretaker government will also discuss reforms in various sectors, including taxes and energy. The report said once the economic review is successfully completed, Pakistan will receive the next installment of USD 700 million from the IMF after its board's approval. The Washington-based global lender transferred USD 1.2 billion to the cash-strapped country in July, as part of the USD 3 billion bailout programme for nine months to support the government's efforts to stabilise the country's ailing economy. Although essentially a bridge loan, it offered much respite to Pakistan, which was battling an acute .

In its latest Monthly Economic Review, the Ministry said global economic developments remain complicated in November, and that fiscal and monetary policymakers need to remain vigilant

In a Q&A, Martin Wolf, chief economics commentator at Financial Times warns that big problems are emerging due to relatively weak investment in the private sector

India's economic growth is all set to improve over the next 12 months despite the coronavirus pandemic-related problems and global headwinds, says the PwC Annual Global CEO Survey

There are also discussions on increasing the scope and quantum of direct cash transfers to the beneficiaries who need it the most

Committee will assess sectoral and sub-sectoral losses, may also go for fiscal restructuring post Covid-19

The rater will now redraw its projections assuming that a business-as-usual operating environment may not return soon