ISLAMABAD – Pakistan’s Finance Minister Dr. Shamshad Akhtar highlighted the critical need for comprehensive fiscal reforms at an Islamabad event today, stressing that managing the country’s unsustainable debt levels should top the national reform agenda. Speaking at a Sustainable Development Policy Institute gathering, Akhtar detailed the challenges posed by high servicing costs, which have consumed…
© Reuters. FILE PHOTO: Woman shops at a pharmacy of a market in Tokyo, Japan March 3, 2023. REUTERS/Androniki Christodoulou/ File Photo TOKYO (Reuters) – Japan’s government on Wednesday slashed its view on the economy for November in its first such downgrade in 10 months, as weak demand weighed on capital spending and consumer expenditure.…
© Reuters. A view of the city skyline in Singapore December 31, 2020. Picture taken December 31, 2020. REUTERS/Edgar Su/ File Photo By Xinghui Kok SINGAPORE (Reuters) -Singapore’s economy grew faster than initial estimates in the third quarter, helped by a resurgence in tourism and service sector activity, although authorities warned of risks to the…
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© Reuters. FILE PHOTO: German Economy and Climate Minister Robert Habeck speaks, as he and Health Minister Karl Lauterbach (not pictured) attend a press conference on an event by the American pharmaceutical company Eli Lilly and Company, in Berlin, Germany November By Markus Wacket and Andreas Rinke BERLIN (Reuters) -German Economy Minister Robert Habeck on…
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© Reuters. FILE PHOTO: FILE PHOTO: British Chancellor of the Exchequer Jeremy Hunt leaves Downing Street in London, Britain, September 13, 2023. REUTERS/Toby Melville/File Photo By Kylie MacLellan and Andy Bruce LONDON (Reuters) -British finance minister Jeremy Hunt said on Sunday he would not implement tax cuts that would push up inflation, days before he…
CHENNAI – S Venkitaramanan, the former Reserve Bank of India (RBI) Governor who played a pivotal role in India’s economic reforms during the early 1990s, has passed away at the age of 92 after a brief illness. His leadership was marked by critical measures that steered the country through a severe balance of payments crisis.…
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