Tag: Business

World Bank says sustaining recovery requires addressing structural weaknesses of economy

The World Bank has lauded Pakistan's efforts and said that the country enjoyed a strong recovery and grew 5.6 per cent in FY21 following...

Textile exports surge record-high $14.2b

Pakistan textile exports surged to a record high of $14.2 billion in the first nine months of fiscal year of 2022—a 25% year-over-year growth.As...

World Bank forecasts Pakistan’s growth at 4.3

The World Bank has forecast Pakistan's economic growth at 4.3 per cent in the current financial year stating that the latest energy subsidies announced...

ADB projects Pakistan’s economic growth at 4%

The Asian Development Bank (ADB) has predicted Pakistan’s economic growth at 4 per cent in the financial year 2021-22.According to the Asian Development Outlook...

Finance Division rebuffs rumours about suspension of IMF programme

The Finance Division has denied the rumours about the suspension of the International Monetary Fund (IMF) for the seventh tranche under the Extended Fund...

Timely steps netting current account deficit: PM

Prime Minister Imran Khan on Saturday said that the government’s timely actions to contain the current account deficit bore fruits as the monthly deficit...

Rebar prices to increase further

Local rebar prices have increased by R1,5000 per metric ton recently as manufacturers look to pass on the impact of increasing scrap prices.The rally...

ADB lauds govt’s efforts in social, economic sectors

Vice President Asian Development Bank Shixin Chen appreciated and supported the efforts made by the incumbent government in social and economic sectors for bringing...

World Bank approves $435m for three projects in Pakistan

The World Bank has approved $435 million in financing for three projects in Pakistan that would expand access to housing finance, particularly for low-income...

ECC approves Rs8.280 billion Ramazan package

The Economic Coordination Committee (ECC) of the cabinet has approved a Ramazan package worth over Rs8 billion to ensure the provision of essential items...

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2024: Election Year in Pakistan & More Than 50 Other Countries

KARACHI: 2024, dubbed as the biggest election year in...

Govt. says no plans to downsize FBR workforce

Restructuring of FBR is on the govt.'s agenda to...

Bangladesh’s Sheikh Hasina appears to win 4th straight elections

Bangladesh Prime Minister Sheikh Hasina Wazid is all set...

Afghan Repatriation & Transit Trade Standoff

The repatriation of Afghans faces a major hurdle, not...

Unlocking the Mission: Washington’s Wishlist for its Pakistan Envoy

The US mission in Pakistan has been mandated with...

SPAR6C: Powering Pakistan & the World for Climate Action, Green Growth

The program selects four countries -- Colombia, Pakistan, Thailand, and Zambia -- each at different stages of institutional capacity, climate change mitigation strategy development, and NDC progress tracking.

Israel’s Existential Anxiety & Quest for Peace

In the tumultuous landscape of the Middle East, the...

The Corporate Assault on Pakistan’s Small Dairies.

The dairy sector stands as a pivotal sub-sector within...

India Deploys Naval Officers for Espionage, Again

India has been exposed multiple times for its espionage activities...

Building a Trustworthy Media Entity in the Age of AI & Declining Confidence

The unprecedented speed and scale at which AI can...