Economic growth
The Governor of the State Bank of Pakistan, Jameel Ahmad, emphasized the importance of advanced and varied capital markets in achieving sustainable economic growth during a conference on "Unlocking the Capital Markets Potential for Banks". Key stakeholders, including Finance Minister Muhammad Aurangzeb and PSX Chairperson Dr. Shamshad Akhtar,
Economic growth
The recent string of suicides among Chinese entrepreneurs has cast a stark light on the country's faltering entrepreneurial spirit. With the nation's macroeconomic environment becoming increasingly hostile, entrepreneurs face a perfect storm of regulatory investigations, shifting political winds, and liquidity squeezes that can turn a struggling
Economic growth
The UK's inflation rate has picked up in recent months, with official figures likely to show a further uptick in year-on-year consumer price growth to 3.7 per cent in July, compared with 3.6 per cent in June. This surge has raised concerns among central bankers, with
Economic growth
Federal Minister for Finance and Revenue Senator Mohammad Aurangzeb highlighted the need to tap the full potential of Pakistan's capital markets to secure long-term and sustainable economic growth. He proposed the creation of a Capital Market Development Council to streamline and oversee capital market affairs. Aurangzeb also emphasized
Economic growth
Africa's financial ecosystem is transforming with fintech, but significant challenges remain. Millions of people are unbanked, and SMEs face a huge financing shortfall. However, mobile money, digital lending, crowdfunding, savings, and insurance platforms are reshaping the landscape. Fintech must scale with intention, collaboration, and innovation to bridge the
Economic growth
Due to limited slack in the domestic labour market, Ireland's economic growth will rely on immigration and productivity improvements, according to the Department of Finance's Economic Insights series. The post-pandemic recovery was driven by inward migration and increased labour force participation, but the domestic labour supply
Economic growth
As the world grapples with economic uncertainties, British Columbia's fiscal trajectory has taken a sharp turn for the worse, leaving the province's finances on a precarious path. The dollar value of the province's debt is projected to more than double over a half-decade, rising
Economic growth
Japan's economy unexpectedly grew at an annualized rate of 1% in the second quarter, driven primarily by robust domestic demand. This rare good news comes as Prime Minister Shigeru Ishiba faces pressure to resign. The economic growth was fueled by a 1.3% increase in business investment, exceeding
Economic growth
Sri Lanka's economy is expected to continue its recovery from a severe financial crisis, with the Central Bank forecasting a 4.5% growth rate in 2025, surpassing the World Bank's projection of 3.5%. This growth is underpinned by a $2.9 billion International Monetary Fund
Economic growth
The Indonesian government, led by Finance Minister Sri Mulyani Indrawati, has set its sights on achieving a 5.4 percent economic growth target for 2026. According to Indrawati, investment will play a crucial role in reaching this goal, with the Finance Ministry planning to provide incentives to regional governments to
Economic growth
Trade tensions and uncertainty in the wake of new US tariffs are likely to slow economic growth and disrupt supply chains in the Asia-Pacific region, despite banks having the capital and liquidity to absorb losses. The region's exports to the US are significant, and ongoing trade tensions will
Economic growth
The credit rating agency, S&P Global, has upgraded India's sovereign credit ratings from 'BBB-' to 'BBB' with a stable outlook, citing the country's resilient economic growth and potential to manage the effects of US tariffs. This move comes amidst US
