Inequality in Pakistan is at ‘crisis’ levels
A new Oxfam report reveals how Pakistan’s wealthiest 10 percent command 42 percent of national income — a concentration that mirrors a regional pattern of inequality deepened by climate shocks and digital divides
Russia ready to assist Pakistan Steel Mills expansion
Russia has offered assistance in the expansion of Pakistan Steel Mills (PSM). The 200 Russian companies are keen to explore opportunities in Pakistan, a top Russian leader said here on Friday.
Following Volkswagen, Pakistan desires more investment from Germany
ISLAMABAD: Foreign Minister Makhdoom Shah Mahmood Qureshi on Thursday welcomed the German automaker Volkswagen’s decision to start manufacturing vehicles in Pakistan.
He also invited...
‘French investors keen to explore opportunities in Pakistan’
French Ambassador Marc Barety said that the French businessmen are willing to explore different sectors of Pakistan’s economy for investments.
Talking to Senate’s...
Govt to facilitate local construction industries for economic revival
CAP requests planning minister to establish a Construction and Infrastructure Development Board
ISLAMABAD: Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar has underlined...
‘Pakistan desirous of forging close trade ties with Africa’
ISLAMABAD: President Dr Arif Alvi said on Thursday Pakistan was desirous of forging close trade, commercial and investment ties with the African continent.
Talking...
UK urged to help Pakistan tackle money laundering
LONDON: Information Minister Chaudhry Fawad Hussain urged the United Kingdom to work in collaboration with Pakistan to eliminate the scourge of money laundering.
He...
Pakistan’s per capita income jumps 9.75% to $1,824 amid economic rebound
Provisional data shows GDP crosses $410bn as per capita income hits record high
Govt mulling to introduce structural policies for boosting exports by 15% till 2023
Commerce ministry has proposed to gradually lower down the regulatory duties on tariff in order to improve the export competitiveness
First SEZ to start commercial operation by first quarter of 2019: Khusro Bakhtiar
The two sides also are exploring the possibility to expedite the growth of the manufacturing sector in Pakistan, said the minister
Pakistan records 9-year low fiscal deficit of 5.38% in FY25, outperforming govt, IMF projections
Fiscal deficit reduction is attributed to 36% YoY growth in total revenues, which outpaced 18% growth in expenditures; primary surplus rises to 2.4% of GDP; tax-to-GDP ratio hits seven-year high of 11.3% in FY25
SBP enforces new measures to control US dollar transactions
Pakistan tightens currency controls, biometric verification required for large dollar transactions
Pakistan’s 2025 floods inflict $1.4 billion damage, agriculture sector hardest hit: report
Punjab 1.3 million acres of crops submerged; agricultural output may drop 15–20%, potentially reducing GDP by 0.5–1.0%
Power demand shrinks 3.6% in FY25 due to tariff hike, weak industry
Electricity consumption in Pakistan declined by 3.6 percent during the first nine months of the ongoing fiscal year, reflecting the impact of...
Decoding the Rs 17.57 trillion federal budget
A Pakistani’s guide on how to make sense of the federal budget 2025-26