IMF

Pakistan’s Defence Minister Khawaja Asif has said that the country’s economy has “come out of the ICU.” Speaking in the National Assembly, he said that Pakistan, which was once at risk of defaulting on its debt, is gradually recovering and could achieve 6 to 7 percent growth within the next one to t...

Electricity prices have gone up paving the way for other products to hike their prices. Research shows that a proportional increase in electricity prices leads to an approximately fourfold increase in overall expenses. According to this calculation, a 16.68 percent average price hike at the consumer...

The economic fallout from the Iran war took a toll on European factories last month, dampening demand for manufactured goods while driving up raw material costs at the fastest pace in four years. Meanwhile, surveys released on Monday showed that Asian factories experienced growth, largely due to sto...