The ongoing struggle of the world’s second-largest economy against multiple challenges, such as geopolitical tensions with the West, troubled property sector, overcapacity in the manufacturing industry, and local government indebtedness to sustain economic growth, would lead many to believe that it is fading rapidly, even if it is not over yet. However, the dragon country seems to be undertakin
Amid consumers’ continuous struggle to survive under rising costs of living and unaffordable utility bills, essential goods makers must be upbeat about robust sales and profits in 2023. Manufacturers’ shining results usually highlight sales, profit and loss, inventory losses, finance costs, gross profit, etc., but the volumes of their various products remain missing from their balance sheets. P
Government auditors facilitate the accountability of governments to legislatures and citizens across the world. Aside from enhancing transparency of operations, auditors’ work provides an independent opinion on whether tax payers’ money is being used for its intended purposes and in compliance with applicable laws, rules and regulations. Government auditors are required to be independent to carry
ISLAMABAD: The Federal Investigation Agency (FIA) has started an investigation into the allegations of illicit imports and operational irregularities within the liquefied petroleum gas (LPG) sector, following directives from the Special Investment Facilitation Council (SIFC). These allegations, purported to have caused losses worth billions of rupees to consumers and the country’s foreign excha
Despite the nation’s many hopes and expectation, the country’s political leadership has yet not been able to agree on a charter of economy or a common minimum agenda for the newly elected government to pursue for the next five years. However, ongoing developments indicate that the country’s multiple crises are likely to be addressed on an issue-to-issue basis either through the parliamentary pr