New Delhi, Feb 6 (IANS) The gap between how Pakistan actually lives and how it is officially governed is steadily eroding productivity, deepening inequality and weakening the foundations of growth, a new report has said, adding that the rhetoric around reaching $100 billion in exports by 2030 is closer to wishful thinking than credible strategy.Moreover, latest package of incentives announced by the government may provide temporary relief, but on their own, they are unlikely to alter Pakistan’…
Latest Economic Policy News & Updates
Washington, Jan 29 (IANS) US Federal Reserve Chair Jerome Powell declined to comment on his future at the central bank during a wide-ranging press conference. Asked whether he has decided to remain as a Fed governor, Powell said: “No.” He added: “I really, once again, have nothing for you on that today.”Pressed on when a decision might come, Powell repeated that he had nothing to add.When asked why he might consider leaving, Powell declined again. “There’s a time and place for these …
Seoul, Jan 2 (IANS) South Korea’s Foreign Minister Cho Hyun vowed Friday to revamp diplomatic missions overseas in a way that will boost their operational efficiency, as part of efforts to expand and diversify South Korea’s foreign policy amid a shifting international landscape. Cho made the remarks in a New Year message to foreign ministry officials, signaling plans to streamline the missions deemed less efficient while reinforcing the functions of those stationed in key regions.”For missions t…