Sesame Exports In a remarkable turn of events, Pakistan’s sesame exports have experienced an unprecedented surge, reaching a substantial $407 million in 2023. This achievement has catapulted Pakistan to the …
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economic growth
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Economy
Strategic alliances for growth: USAID investment and climate summit underscores US support for Pakistan’s economy
ISLAMABAD: The Investment and Climate Summit orchestrated by the United States Agency for International Development (USAID) Investment Promotion Activity stood as a momentous occasion, underscoring the U.S. Government’s commitment to …
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Economy
IMF Highlights Pakistan’s Need for $71.88 Billion External Financing Over Next Three Years
by Hamza Irshadby Hamza IrshadExternal Financing Pakistan is facing a significant financial challenge as the International Monetary Fund (IMF) emphasizes the country’s need for external financing amounting to $71.88 billion over the next three …
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National
Prime Minister Advocates Enhanced Trade Relations with Italy for Economic Growth
by Hamza Irshadby Hamza IrshadTrade Relations ISLAMABAD: Caretaker Prime Minister Anawaarul Haq Kakar highlighted the enduring and friendly relations between Pakistan and Italy, underscoring the imperative to enhance collaboration in trade, investment, and various …
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No Opposition angladesh commenced voting on Sunday in an election poised to secure a fifth term for Prime Minister Sheikh Hasina, despite an opposition-led boycott. The main opposition party, Bangladesh …
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Economy
Pakistan’s Finance Minister Assures Continuity in IMF Program
by Hamza Irshadby Hamza IrshadIMF Program KARACHI: Finance Minister Shamshad Akhtar, the Caretaker Minister for Finance, has provided reassurance that Pakistan is effectively adhering to its International Monetary Fund (IMF) program. Speaking in Karachi, …
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International
Taliban Announces Plans to Officially Join China’s BRI and CPEC Initiatives
by Hamza Irshadby Hamza IrshadChina’s BRI and CPEC Initiatives Afghanistan’s acting commerce minister announced that the Taliban administration is actively seeking to formally join the Chinese President Xi Jinping-led ‘Belt and Road‘ infrastructure initiative. …
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Outlook ISLAMABAD: The International Monetary Fund (IMF) has projected Pakistan’s economy is expected to experience a growth rate of 2.5% in 2024, with the potential to increase to 5% by …
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Economy
World Bank Forecasts 1.7% GDP Growth for Pakistan in Fiscal Year 2024
by Hamza Irshadby Hamza IrshadGDP Growth The World Bank has projected Pakistan’s real GDP growth to recover to 1.7% in fiscal year 2024 and 2.4% in fiscal year 2025. However, it anticipates annual inflation …
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Latest Updates
Army’s Top Leaders Join Forces with Government to Curb Illegal Activities Affecting Economic Growth
by Hamza Irshadby Hamza IrshadEconomic Growth The military’s top brass resolved on Thursday to provide “wholehearted” assistance to the government in combating all illegal activities that hinder economic growth, stability, and investor confidence. This …