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Finance ministry hopes economic recovery despite third corona wave


Finance ministry hopes economic recovery despite third corona wave
Top Story
April 28, 2021
ISLAMABAD: Amid the third wave of COVID-19, the finance ministry has highlighted risks to different sectors, saying the economic recovery got hampered but Pakistan is grappling with the fresh wave.
With timely appropriate measures taken by the government to tackle the third wave, risks have been mitigated thus better prospects of economic growth are visible, the ministry hoped. It also projected that all in all, inflation is expected to remain between 8.0-9.5 per cent next month. However, from the beginning of the next fiscal year, assuming the absence of any new supply shocks, favorable base effects may start to drive Y-o-Y inflation to lower levels. However, independent economists believe the monthly inflation will enter into a double-digit from next month. ....

Large Scale Manufacturing , During Jul Feb , Within Money Supply , Net Foreign Assets , Net Domestic Assets , Long Term Finance Facility , Export Finance Scheme , பெரியது அளவு உற்பத்தி , உள்ளே பணம் விநியோகி , நிகர வெளிநாட்டு சொத்துக்கள் , நிகர உள்நாட்டு சொத்துக்கள் , நீண்டது கால நிதி வசதி , ஏற்றுமதி நிதி திட்டம் ,

Finance ministry expects economic recovery despite third corona wave


Finance ministry expects economic recovery despite third corona wave
Top Story
April 28, 2021
ISLAMABAD: Amid the third wave of COVID-19, the finance ministry has highlighted risks to different sectors, saying the economic recovery got hampered but Pakistan is grappling with the fresh wave.
With timely appropriate measures taken by the government to tackle the third wave, risks have been mitigated thus better prospects of economic growth are visible, the ministry hoped.
It also projected that all in all, inflation is expected to remain between 8.0-9.5 per cent next month. However, from the beginning of the next fiscal year, assuming the absence of any new supply shocks, favorable base effects may start to drive Y-o-Y inflation to lower levels. However, independent economists believe the monthly inflation will enter into a double-digit from next month. In its monthly outlook report, the ministry stated that the third wave of the virus was still taking a toll o ....

Asia-Pacific economy to rebound in 2021, despite COVID | News | DW


China s plan to keep its economy growing
The bank said it expects inflation in the region to fall to 2.3% this year from 2.8% in 2020, when disruptions from the pandemic pushed food prices sharply upward in some places.
Looking ahead to 2022, the region s economies comprised of 45 countries from the Asia-Pacific are projected to grow 5.3%. Meanwhile, inflation is forecast to rise to 2.7% in 2022.
Threats to growth
Not every country in the region can expect such positive economic news. The ADB forecast that Myanmar s economy will contract nearly 10% this year, after a military coup in February disrupted the country.
This contributed to the trimming of Southeast Asia s 2021 growth forecast to 4.4% from a previous estimate of 5.5%. ....

Yasuyuki Sawada , International Monetary Fund , Asian Development Bank , Southeast Asia , சர்வதேச பண நிதி , ஆசிய வளர்ச்சி வங்கி , தென்கிழக்கு ஆசியா ,

China private jet use soars due to effective control of pandemic: media


China private jet use soars due to effective control of pandemic: media
chinadaily.com.cn |
Updated: 2021-04-27 10:32
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A private jet is on display in Shenzhen, South China s Guangdong province, on Aug 2, 2018. [Photo/IC]
China s use of private jets by companies and wealthy individuals has sharply increased as the country s economic recovery prompts a shift in business travel, according to Financial Times.
Due to effective control of COVID-19 pandemic and steady recover of economy, the country s domestic use of jets are up 87 percent this year, compared to the same period two years earlier, the report said, citing data company WingX Advance GmbH. ....

Hong Kong , Hartsfield Jackson Atlanta International , South China , Wingx Advance , ஹாங் காங் , ஹார்ட்ஸ்ஃபீல்ட் ஜாக்சன் அட்லாண்டா சர்வதேச , தெற்கு சீனா , ஜெட் விமானங்கள் ,

Welcome To IANS Live - NATION - 'Judges must think of economic principles when making decisions'


Photo Credit: IANS
IANSLive
Sonipat, April 27 (IANS) Every order of the judiciary is likely to have an economic impact, thus judges must be guided by economic principles when adjudicating matters, said experts at a two-day virtual event hosted by O P Jindal Global University (JGU) and CUTS International.
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Update: 27-April-2021 ....

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