Pakistan Economy
Facebook says reliable internet connectivity is critical to Pakistan’s economic development
2 min read
In an online seminar titled “Urban Connectivity Solutions for an Inclusive Digital Economy” organised by Facebook in collaboration with local partners, Facebook’s Director, Network Investments…
Pakistan’s economy to rebound this year: Asian Development Bank
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Pakistan’s economic growth is expected to rebound this year before gaining pace in 2022 said the Asian Development Bank, as business activity in the country…
Damning World Bank report says 30% Pakistanis will slip into poverty & food insecurity will triple
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A damning World Bank report has revealed that over 30% of Pakistan’s rural population is slipping into poverty, while unemployment is also rising. The report…
Pakistan’s GDP to grow 1.3% in FY2021: World Bank
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Pakistan’s GDP growth is expected to reach 1.3 percent in the fiscal year ending June 2021, according to a statement released by the World Bank…
Pakistan’s economy reaches its peak production levels, record growth of 9.1% reported
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The Minister for Industries and Production, Hammad Azhar, has announced that large scale manufacturing, including automobiles, textile, sugar, and medicine, in Pakistan has grown by…
Despite COVID-19, Pakistan economy moving in the right direction: PM Imran Khan
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Prime Minister Imran Khan believes that despite the massive burden of debt and the challenges posed by the global coronavirus pandemic, the nation’s economy is…
Remittances to Pakistan to reach an all-time high of $28bn this year: report
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This will be a massive year for remittance inflows to Pakistan. According to a recent report on the nation’s economy, Pakistan is expected to receive…
Pakistan’s economy is coming back on track: SBP
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According to a report issued by the State Bank of Pakistan (SBP), Pakistan’s economy started to regain its pre-COVID trajectory during the first quarter (Q1)…
PM Imran Khan hails ‘remarkable turnaround’ in economy despite COVID-19
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Prime Minister Imran Khan took to Twitter to express his pleasure at the positive trajectory of the nation’s economy this year despite the ongoing global…
Pakistan exports surge to $2.156b in November, highest figure in 10 years
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Despite the ongoing coronavirus pandemic, Pakistan’s economy has been following a positive trend. With the country’s economy following a steady growth rate, it appears that…
Pakistan’s Business Optimism Index shoots up to a record 146.5 points, according to new report
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Pakistan has been performing exceptionally well economically, despite the impact of the COVID-19 pandemic. A week ago, we learnt that the World Bank expects Pakistan…
PM’s Industrial Energy Package will boost productivity, lower costs: Minister of Industries & Production
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Prime Minister Imran Khan announced a comprehensive package yesterday to provide energy to industries at low rates. Termed the Industrial Energy Package, the package will…
Pakistan’s slow growth explained by failure to utilize technology and human capital, say experts
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Pakistan is hardly faring well in the economic landscape, with the incessant devaluation of the rupee and the GDP growth rate slowing down to sluggish…
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