ANKARA: Turkey needs growth higher than its current rate of around 3 percent to avoid the “middle income trap”, the country’s finance minister said.
Speaking at an economic conference, Mehmet Şimşek also said that macroeconomic fundamentals were more important than fluctuations in FX markets. The Turkish lira has lost more than 10 percent of its value against the dollar this year over concerns about political interference in central bank policy.
KARACHI: Pakistan's automobile sector posted broad-based growth in August, with passenger car and pickup sales rising 20% year-over-year to 15,558...
ISLAMABAD: President Islamabad Chamber of Commerce and Industry (ICCI) Sardar Tahir Mehmood has said that Pakistan stands at a critical...
ISLAMABAD: Prime Minister Shehbaz Sharif has announced a special petrol relief scheme to cushion the public from the impact of...
LAHORE: In an unprecedented fiscal milestone, Pakistan’s tax base has shattered historical records, with the country’s Active Taxpayers List (ATL)...
