ISLAMABAD: Amid challenging engagements with international lending agencies to unlock external flows for the balance of payments and flood recovery, the Centre has cast off Punjab’s Rs400 billion health insurance scheme in its present form and size, targeting the entire… Continue Reading
The coronavirus has caused major fiscal damage to the economy worldwide, reaching an unprecedented $15 trillion so far. This is generating incredible stress in capital markets and prompting forceful rejoinders from central banks. Asset liquidity has seen an avalanche effect… Continue Reading
The coronavirus was “taken a little more lightly” by western economies compared to those in Asia, says a former IMF chief economist. Raghuram Rajan said western economies are facing a drop in growth by as much as 6 percentage points… Continue Reading