KARACHI: Amid mounting economic pressures, a recent Ipsos survey reveals a sharp decline in national optimism, with only 10% of Pakistanis believing the country is heading in the right direction. Released on Friday, the survey underscores a growing divide between rural and urban perspectives, with rural residents showing slightly more optimism than their urban counterparts. … Read more
KARACHI: Pakistan’s debt problems cannot be solved overnight by merely adopting contractionary monetary and fiscal policies to restrain demand and government stimuli. With elevated foreign debt, unfortunately, the country constantly relies on debt rollovers from bilateral countries and commercial banks. Indeed, it does get uneasy for any borrower to constantly seek extensions; let alone paying … Read more
ISLAMABAD: Pakistan’s steel sector is set to reveal a mixed bag of financial performances for the fourth quarter of FY24, with demand challenges and margin pressures continuing to weigh on several key players. According to the IMS Research, the cumulative net profit after tax (NPAT) of PKR914 million for 4QFY24, marks a 6.4x quarter-on-quarter (QoQ) … Read more