HeadlinesPakistan becomes top buyer of US cotton amid local production decline
Sales tax exemptions, and poor domestic production drive imports to 1.192 million bales from the US
Nov 16, 2024
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Headlines
HeadlinesCourt presses Punjab govt to ban housing schemes on agri land
LHC calls for long-term policies; over 20 flights delayed due to thick smog
Nov 16, 2024
HeadlinesIMF urges Pakistan to enforce fiscal discipline with parliamentary oversight of supplementary grants
Fund calls for implementing the Supreme Court's 2013 ruling and auditing a decade of supplementary grants
Nov 16, 2024
HeadlinesFinance Ministry revises Q1 fiscal data, reports Rs360bn provincial surplus
Punjab contributes Rs40bn surplus as government surpasses IMF target for provincial fiscal balance.
Nov 16, 2024
HeadlinesInternet restrictions in Pakistan pose long-term economic risks, warns US expert
Daniel Castro of ITIF highlights the significant costs of internet shutdowns, stressing their detrimental impact on businesses, talent retention, and economic stability.
Nov 15, 2024
HeadlinesPakistan’s textile exports surge 10% in 4MFY25
Nov 15, 2024
HeadlinesPakistan’s petroleum imports show marginal growth in 4MFY25
Petroleum imports grow 1.68% to $5.11 billion in the first four months, while imports in October show a decline compared to previous months.
Nov 15, 2024
HeadlinesNew EV policy draft prioritizes imports, raises concerns for local assembly
Liberalized import regime in draft EV policy 2025-30 sparks debate over its impact on local manufacturing and economic sustainability
Nov 15, 2024
HeadlinesMinistry of Maritime prepares draft of new shipping policy
New draft includes bail bonds, foreign financing, and reduced fees for new companies
Nov 15, 2024
HeadlinesAudit report unveils PIA’s decade of mismanagement and fraud
Audit reveals billions lost in leasing, refunds, and procurement scandals
Nov 15, 2024
HeadlinesPIA privatisation considers government-to-government option as traditional bids fall short
Government explores direct government-to-government sale option for PIA after low private bid, marking a shift in privatisation strategy
Nov 15, 2024
HeadlinesPakistan ranks 5th among nations with highest illegal migration to Europe: report
Due to socio-economic challenges and political instability nearly 40% of Pakistanis expressed desire to leave the country, reveals NCHR report
Nov 15, 2024