New Delhi, Feb 10 (IANS) The Heritage Institute’s Index of Economic Freedom has classified Pakistan as a “repressed” economy, ranking it 150th out of 184 economies, with a score of 49.1 out of 100 for the year 2025.The Heritage Institute’s Index of Economic Freedom measures 12 economic freedoms, which include: property rights, government integrity, judicial effectiveness, tax burden, government spending, fiscal health, business freedom, labour freedom, monetary freedom, trade freedom, investment…
Latest Government Spending News & Updates
Mumbai, Jan 31 (IANS) Defence‑linked stocks are expected to draw investor attention during the Union Budget 2026 announcement on February 1, with market participants looking for a moderate 8 to 10 per cent rise in defence allocation and improvement in execution momentum.Analysts said that investors are keen on cues of faster order finalisation and clearer procurement timelines rather than large headline increases in defence allocations, according to media reports.The market broadly anticipates…
Seoul, Jan 22 (IANS) The South Korean economy expanded 1 per cent last year, driven by robust exports, but posted negative on-quarter growth in the fourth quarter amid a slump in the construction sector, central bank data showed on Thursday.The country’s real gross domestic product (GDP) — a key measure of economic growth — for 2025 matched the Bank of Korea’s (BOK) earlier forecast, though the growth rate slowed from a 2 per cent expansion in the previous year, according to the preliminary da…