New Delhi, April 17 (IANS) As deliberations on the upcoming budget gather pace, Pakistan Finance Minister Muhammad Aurangzeb’s recent engagement with trade bodies and the business community has thrown up a set of entrenched concerns that continue to weigh on economic activity, according to an editorial in the Karachi-based Business Recorder newspaper. Stakeholders pointed to the persistently high cost of doing business, tightening liquidity, chronic infrastructure gaps and most importantly, po…
Latest Structural Reforms News & Updates
Washington, April 15 (IANS) India’s economic growth remains robust, but rising global uncertainties could weigh on the outlook in the coming months, Chief Economic Advisor (CEA) V. Anantha Nageswaran said on Wednesday. Speaking at the US-India Economic Forum 2026, Nageswaran said India has sustained strong growth in recent years, but cautioned that external risks have intensified.“We shouldn’t underestimate or understate the wide range of uncertainty that prevails,” he said, referr…
Seoul, April 14 (IANS) South Korean foreign minister Cho Hyun said on Tuesday that the foreign ministry has dispatched envoys to Algeria and Libya and is seeking to send additional envoys to secure alternative supply routes amid the Middle East crisis.Cho made the remarks during a Cabinet meeting after President Lee Jae Myung called on the government to explore supply chain alternatives as the United States’ war against Iran has choked off the crucial Strait of Hormuz and disrupted maritime traf…
New Delhi, April 10 (IANS) India should brace for geopolitical disruptions every one to two years and use the current pause in geopolitical tensions to push through long‑pending structural reforms, Prime Minister’s Economic Advisory Council (EAC-PM) Member and Axis Bank chief economist Neelkanth Mishra said on Friday.The pause in hostilities offers a window to “hard‑wire resilience into growth” by accelerating reforms in electrification, housing, urban infrastructure and tourism, Mishra …
Washington, April 9 (IANS) Pakistan is facing mounting debt pressures, weak growth prospects and persistent structural vulnerabilities, which risks its economic stability, the World Bank said.The report highlighted that economies with high public debt, limited fiscal space and heavy external financing needs remain particularly exposed to global shocks such as rising energy prices and tighter financial conditions.Pakistan, now assessed under a broader regional grouping rather than South Asia, fal…
Kathmandu, April 6 (IANS) The Nepali government on Monday announced a series of immediate and long-term measures to strengthen transparency, accountability, and governance in the country’s mountain rescue operations, amid allegations that fake rescue missions for climbers have been conducted to secure large insurance claims. Some media reports also suggested that certain trekkers were deliberately harmed through contaminated food to trigger expensive aerial evacuations as part of a multi-million…
Washington, March 28 (IANS) The International Monetary Fund has reached a staff-level agreement with Pakistan that could unlock about $1.2 billion in fresh funding, as the country pushes ahead with fiscal tightening, structural reforms, and measures to stabilise inflation and growth.The agreement follows discussions between an IMF team and Pakistani authorities on the third review under the Extended Fund Facility (EFF) and the second review under the Resilience and Sustainability Facility (RSF)….
Washington, March 5 (IANS) Indian economist Krishnamurthy V. Subramanian has received the University of Chicago’s Alumni Award for Professional Achievement. He is the first Indian economist to receive the honour in the award’s 85-year history.Subramanian served as Chief Economic Adviser to the Government of India from 2018 to 2021. He later represented India at the International Monetary Fund as Executive Director.The award places him among a group of past recipients that includes Nobel laur…
New Delhi, Feb 21 (IANS) When it comes to innovation in Pakistan, every new system, manual, or reform announcement struggles to escape the perception that it is designed as much to manage optics as to deliver results, according to a new report.Business Recorder writes that the Federal Board of Revenue’s (FBR’s) latest attempt to tighten tax collection through a withholding mechanism on digitally ordered goods appears “sensible on paper”.However, this initiative inevitably revives an olde…
New Delhi, Feb 11 (IANS) BJP MP Anurag Thakur on Wednesday praised the Modi government for the Union Budget 2026-27, calling it a ‘Sarva Mangalkari’ and ‘Sarvjan Hitay Sarvjan Sukhaye’ budget aimed at inclusive growth and national progress. Participating in the budget discussion in the Lok Sabha, Thakur said the budget reflects the continuation of what he described as a “12-year reform express” that has moved India from “policy paralysis to policy performance”, from “leakage to deliver…