Pakistan yet again witnessed a year-on-year increase in short-term inflation which now stood at 30.82 per cent for the week ending on Augus...

The caretaker government in Punjab has cleared 30 per cent to 35 per cent hike for government employees, based on the current basic salary....

However, the World Bank report on the macro poverty outlook for Pakistan said inflation was expected to moderate over the forecast horizon ...

The World Bank says: "The country's outlook is subject to major downside risks, which, if they materialise, could result in a macroeconomic...

Pakistan had unprecedented floods in July last year, devastating large swathes of farmlands. The forex reserves in the country which hit a ...

The report, issued by a flagship publication of the World Bank Group, said that global growth was slowing sharply in the face of elevated i...

A report in News International cited the ministry as saying that a rise in international commodity prices can build pressure on domestic in...

Using the lower-middle-income poverty rate, the WB estimated that the poverty ratio in Pakistan stood at 39.3 per cent in 2020-21 and is pr...

Zaigham Khan advised the newly elected Prime Minister and the ruling party of Pakistan to follow the Bangladesh model of development instea...

On Friday, Singh pushed back against the United States on many fronts, quite perceptively persuading President Obama to accept his view on ...

Nitish Kumar today said India and Pakistan should jointly combat hunger and poverty rather than fighting each other.

India, compared to most Apac nations, has made very slow progress in eradicating poverty over the last 10 years.

The economy is in a bad shape largely because the country is poorly governed. The sharp increase in urban poverty has added to the turbulen...

Sixty years ago when Radcliff Award drew a line on the face of this sub-continent to carve out the state of Pakistan, it resulted in histor...

The Asian Development Bank (ADB), in a special evaluation on Pakistan's 60th independence anniversary described it as a country with "poor ...

A universal pension offering of $1-a-day would reduce old age poverty in developing countries, said a UN report.

The decline in 2006 was caused due to surge in oil prices and the devastation caused by the October 2005 earthquake, the report said.