Economy
Pakistan’s October 2024 Remittances Hit $3.05bn, Reflecting 24% Annual Growth
2 min read
The State Bank of Pakistan (SBP) released data indicating that the inflow of overseas workers’ remittances into Pakistan was $3.052 billion in October 2024, a…
Urgent Reforms Needed for Pakistan’s E-Commerce Policy, Experts Say
2 min read
KARACHI: Experts emphasized the pressing need to update Pakistan’s e-commerce policy, which was last revised in 2019; in a workshop here on Thursday. Dr. Rajan…
SBP Eases Policy Rate by 2.5% as Inflation Shows Steady Decline
3 min read
The Monetary Policy Committee (MPC) of the State Bank of Pakistan decided to cut the policy rate by 250 basis points to 15 percent, effective…
Record Emigration: Economic Instability Forces Pakistan’s Best and Brightest to Depart
5 min read
Economic challenges are prompting skilled workers to leave Pakistan, resulting in a significant talent drain from banks, hospitals, and multinational companies. Asad Ejaz Butt, a…
Top 9 Business Groups & Companies Transforming Pakistan’s Economy
11 min read
Pakistan’s business world is full of big companies and groups that have changed the country’s industries and businesses. Aside from helping Pakistan’s economy grow, these…
Pakistani Big Tech Critic Officially Becomes The Head Of US Federal Trade Commission
2 min read
A Pakistani-American antitrust researcher named Lina Khan has been officially sworn in as the new Chair of the US Federal Trade Commission which is said…
World Bank predicts 0.5% growth for Pakistan’s economy in 2021 fiscal year
2 min read
The World Bank’s latest report on the impact of the coronavirus on South Asian economies has predicted that Pakistan’s economy will only grow by only…
Economic indicators point towards recovering economy in 2021
3 min read
It is common knowledge that Pakistan’s economic situation has gone from crisis to crisis in the past few years. First, the value of the Pakistani…
Pakistan’s economy rising at a pace unrivaled by anyone in the region says PM Imran Khan
2 min read
At a time when the world is under extreme economic stress due to multiple waves of COVID-19, Pakistan’s Prime Minister, Imran Khan, says that Pakistan’s…
IMF lowers Pakistan’s growth forecast to 1 percent for FY2020-21
2 min read
The International Monetary Fund (IMF) has revised its previous estimate and predicted that Pakistan’s economy might only grow by 1 percent, as opposed to the…
World Bank Report Suggests a Strong IT Policy to Bolster Exports
2 min read
The IT industry is one of the fastest growing sectors of the Pakistani economy. Each year, IT accounts for over $1 billion worth of exports,…
Pakistan can save Rs. 109 billion every year through electric cars: Ministry
2 min read
Electric cars can help Pakistan save Rs. 109 billion every year. This was revealed in the Electric Vehicle Policy (EVP) draft created by the Ministry…
PTI to launch ‘Digital Transformation Initiative’ to boost IT sector of Pakistan
2 min read
Newly elected Pakistan Tehreek-e-Insaaf (PTI) government is planning to launch ‘Digital Transformation Initiative’ which they promised in their digital policy before general elections 2018. The…
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