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IMF's Georgieva says US growth will not be enough to shrink debt
BANGKOK: The United States cannot grow its way out of mounting public debt and needs to make other fiscal adjustments to put its debt on a more sustainable path, International Monetary Fund Managing…
Business Recorder



China's exports surge 36.3% y/y in September, imports up 31%
BEIJING: China’s exports in September soared 36.3% from a year earlier in US dollar terms, far outpacing forecasts, while imports grew 31%, customs data showed on Wednesday.
Business Recorder


IMF says higher bond yields underscore urgency of fiscal consolidation
BANGKOK: The International Monetary Fund on Wednesday urged advanced economies and others to take urgent action to reduce government spending, cut deficits and reduce debt levels, warning that…
Business Recorder

Export-led growth requires business-friendly environment: LCCI
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has called for a business-friendly environment, simplified regulations and effective government facilitation to boost exports, accelerate…
Business Recorder



Developing nations: Aurangzeb seeks stronger World Bank, IMF support
BANGKOK: Federal Finance Minister Muhammad Aurangzeb has called for reforms to the global financial system, warning that trade barriers and climate change are creating additional challenges for…
Business Recorder
Cashless drive: Govt tightens digital payments oversight, plans tax reforms
ISLAMABAD: The government has decided to tighten the definitions of active digital payment users and merchants and introduce tax policy reforms to accelerate Prime Minister’s Cashless Pakistan…
Business Recorder
Cold-rolled steel coils & sheets: NTC extends anti-dumping duties for 5 more years
ISLAMABAD: The National Tariff Commission (NTC) has extended anti-dumping duties on imports of cold-rolled steel coils and sheets originating in or exported from China for another five years, citing…
Business Recorder
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