Budget FY27 sets the foundation to accelerate sustainable growth seen in past 2 years: Aurangzeb

Finance Minister Muhammad Aurangzeb on Saturday asserted that the proposed budget for the next fiscal year (FY27) would set the foundation for “accelerating the sustainable growth” recorded in the past two years.

He made the remarks on the floor of the National Assembly as he wound up the debate on the budget FY27, which was presented on June 12.

The finance czar recalled that MNAs presented…

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Pakistan’s economy improving, GDP seen near 4pc: finance minister

Pakistan’s Finance Minister Muhammad Aurangzeb has said the country’s economy is showing signs of recovery, expressing optimism that gross domestic product (GDP) growth could reach around 4 per cent in the current fiscal year. Read More: IMF lowers Pakistan GDP growth forecast to 3.2% Speaking at the EU-Pakistan Business Forum in Islamabad, the minister highlighted improving macroeconomic […]

Consumer Sentiment Tanks, Prices Rise, Growth Stalls as Trump’s Illegal and Costly Iran War Pushes Economy to the Brink

Today's University of Michigan Consumer Sentiment dipped to 55.5 in the preliminary March reading, down 2% from 56.6 in February. Year-ahead inflation expectations came in at 3.4%, ending six months of consecutive declines, as consumers see no end in sight to Trump’s illegal war on Iran and chaotic tariff agenda that are sending prices on everyday essentials from energy to food soaring.

The…

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Latvia’s GDP growth outpaces EU average

Latvia recorded faster gross domestic product (GDP) growth in the fourth quarter of last year compared with the average in the European Union, according to data published Friday by the EU’s statistical office Eurostat. According to seasonally adjusted data, Latvia’s GDP in the fourth quarter increased by 2.5% year-on-year compared with the same period a […]

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