Tag: economy

Pakistan’s trade deficit all-time high at $39.26bn

Pakistan’s trade deficit has jumped to all-time high at $39.264 billion in the last 10 months (July-April), showing an increase of 64.79 per cent...

Finance minister appreciates FBR on 28.7% growth in revenue

Federal Minister for Finance and Revenue, Miftah Ismail has appreciated the Federal Board of Revenue (FBR) for achieving 28.7 per cent growth in revenue,...

Saudi Arabia affirms support for Pakistan, augmenting $3 billion deposit

Pakistan and the Kingdom of Saudi Arabia have affirmed their stance to consolidate security and stability, renounce violence, extremism and terrorism, support the unity...

Newly established EAC lacks charter of economy: PBC

Barely two days after the finance ministry notified the establishment of the Economic Advisory Council (EAC) aim to review and formulate economic policies in...

Pakistan has ‘strategy’ to boost shrinking forex reserves: Miftah Ismail

Despite its fast-shrinking foreign exchange reserves which will inhibit imports of essential fuel, cooking oil and pulses, Pakistan says it will not be in...

No fresh borrowings from SBP, clarifies finance ministry

The Ministry of Finance has clarified that there had been no fresh borrowings by the government from the State Bank of Pakistan (SBP).“In fact,...

‘Govt aiming to bring economic stability’

Federal Minister for Finance and Revenue Miftah Ismail has said that the government was aiming to bring about economic and fiscal stability leading to...

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...

Remittances hit record high at $2.8 billion in March

Remittances from workers employed abroad rose to the highest level in history at $2.8 billion in March.According to the State Bank of Pakistan remittances...

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...

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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...