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...

‘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...

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...

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...

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

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

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

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...

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

Decoding the Rs 17.57 trillion federal budget

A Pakistani’s guide on how to make sense of the federal budget 2025-26

Petrol, diesel prices slashed by Rs2 for April 2018

ISLAMABAD: The government on Saturday announced a reduction in prices of petrol and diesel by Rs2.07 and Rs2.00 per litre, respectively, for...

Pakistan’s GDP grows 2.5% in FY24, but misses target due to industrial slump

National Accounts Committee revises quarterly growth rates, citing agriculture gains and industrial decline