PIA: furor over future!..

In its flagship World Economic Outlook (WEO), the IMF projects mid-term growth prospects for Pakistan to remain subdued at 2.5pc by 2024. “In Pakistan, in the absence of further adjustment policies, growth is projected to remain subdued at about 2..

Jaish-e-Mohammed's suicide attack on Central Reserve Police Force in Pulwama is going to prove to be extremely serious for Pakistan. It is the success of Indian diplomacy that Pakistan has been isolated at international level and its direct adverse effe..

There are many important reasons for the fall in Pakistan's economy, whose roots are deep rooted in Pakistan's birth and its socio-political system. An important factor in these is the continuous decline in labour productivity of Pakistan.In the year ..

Supporting terrorism is now a cause of constant crisis for Pakistan. After the attack on CRPF convoy in Pulwama on 14 February, India hit some terror targets in Pakistan, in which India also shoot down an F-16 aircraft of Pakistan on its second day of p..

The economic and financial condition of Pakistan is on the day-to-day slope and it has to be forced to spread its hands across the world. But in this situation, news that provides some relief to Pakistan also gets occasionally. According to latest figur..

During the winter, additional pressure has been increasing on the means of energy across the world, as well as the increase in the prices of petroleum across the world has often been observed these days. This is mostly due to excessive demand, when it i..

Where on one side Pakistan has achieved a high rate of economic growth which shows that its economy is moving forward in the right direction while on the other, there are some parameters which indicate that everything is not going well and there is some..

In modern times, foreign direct investment is became an Instrument of advancement for the economic development of developing countries. However, political instability and terrorism have become Pakistan's lasting values, therefore; it has not been a favo..

If we talking about the Pakistan government's latest released economic figures about country’s performance in 2017, there have been tremendous results for Pakistan's economic growth. According to the figures released on 9th April, Pakistan's econo..

Pakistan's economy has always been based and relied on external assistance. Britain was the initial donor for Pakistan. America has been providing massive economic and strategic support to Pakistan since the 80's. Though China has grabbed this position,..

In Pakistan, Non-life insurance sector had to face a 32 per cent decline in profits during 3rd quarter of 2017 mainly because of sharp decline in investment income. A research report of Topiline Research said profitability was down 32pc to Rs1...

Pakistan is estimated to suffer a rare 36 per cent water shortage in the ongoing Rabi season, amid fewer rainfalls and flows in two contributing rivers – Jhelum and Kabul – plunging to a historic low, compelling the authorities to adopt tigh..

The water discharges from the Mangla  (which is located in illegally occupied area of Jammu Kashmir by Pakistan,  which  was also the largest reservoir for Pakistan) were stopped with immediate effect on October 23, bringing generation fr..

In Pakistan pace of spending on development schemes remained slow in the first quarter, as the federal government sanctioned Rs169.2 billion or 16.7% of the annual budget. The planning ministry of Pakistan has released the latest data of the budget sanc..

The State Bank of Pakistan (SBP) on September 18,  reported that the Foreign Direct Investment (FDI) inflows jumped by 155 per cent to $457.2 million during the first two months of this fiscal year against $179.4m in the corresponding period of las..

The Ministry of Commerce of Government of Pakistan has approved ‘Look Africa Plan’ with stringent measures to boost bilateral trade between Pakistan and Africa in the upcoming years. Pakistan’s total trade with Africa is $3 bi..

The International Centre for Settlement of Investment Disputes (ICSID) has awarded $700 million to Karkey Karadeniz Elektrik Uretim AS, a Turkish company that constructs and operates rental power plants (RPPs), in a damages suit it had brought out again..

The petroleum production in Pakistan grew overall by 3.39 per cent during the last fiscal year as compared to the corresponding year 2015-16. Production of six petroleum products including jet fuel oil, motor spirits, high-speed diesel, furnace..

Former Prime Minister of Pakistan Nawaz Sharif’s government obtained a whopping $35 billion in new loans during his four-year tenure to repay maturing debt and keep official foreign currency reserves About $17 billion or nearly half of th..

The finance ministry of Pakistan informed the National Assembly on 18th August that each Pakistani owes Rs95,000 in debt with the country’s foreign debt and liabilities standing at $58 billion – around Rs6.11 trillion. Doc..

 Pakistan's Planning Commission’s new Deputy Chairman, Sartaj Aziz, on 17th August, emphasised the need for striking a balance between social and economic development. He said Pakistan’s development paradigm remained lopsided due to l..

According to the Pakistan’s Agricultural Credit Advisory Committee (ACAC) Banks disbursed agricultural credit of Rs704.5 billion in 2016-17, exceeding the annual target of Rs700bn. The State Bank of Pakistan (SBP) issued on 26th July, a r..

  Agriculture was once considered as the backbone of the country’s economy but the successive governments have turned their backbone (back) on this sector. Agriculture sector once provided employment to almost 70 percent of the country..

The State Bank of Pakistan (SBP) through sixteen field offices of its subsidiary SBP Banking Services Corporation has provided fresh cash of various denominations aggregated to Rs. 342 billion as against Rs 237 billion issued during last Ramadan. The amou..

The State Bank of Pakistan said on July 3, 2017 that Foreign companies working in Pakistan repatriated $1.88 billion in profits and dividends to their home countries in the 11 months through May, a year-on-year increase of nearly 7 per cent. Th..

Pakistan Poverty Alleviation Fund (PPAF) is a Pakistani not-for-profit company based on the model of public-private partnership. PPAF aims to promote an effective approach to poverty alleviation across Pakistan. A number of leading multilateral, bilateral..

2017 is become worst for Pakistan’s capital market. The market fell 7.96pc during June, 3.3pc in the April-June quarter and 2.6pc in January-June. However, it managed to yield a positive return of 23.24pc in the outgoing financial year compared to 1..

Government has decided to expand the scope of Benazir Income Support Programme (BISP) to all districts of the country and the target is to be achieved by March 2018. Under the plan, not only coverage of programme would be expanded but budgetary allocation..

In the newly introduced Finance Act 2017, the Federal government has once again changed the very meaning of public debt in contravention of a Supreme Court ruling. The ruling from the top court had made it clear that no changes could be made wi..

Pakistan’s share in overall basmati export has gradually decreased compared to India. Pakistan exported 409,669 tonnes of basmati rice in July-May fetching $383 million as compared to 439,662 tonnes ($407.7m) in the same period of last year, accordi..

The spike in spending is expected to beef up the Eid economy this year by 5pc to an estimated Rs945 billion from Rs900bn in 2016.According to the State Bank the disbursement of fresh currency notes through the SBP’s SMS service is expected to be..

Pakistan’s exports to Indonesia have seen a tremendous growth of 86 percent year-on-year to $91 million in the first four months of the calendar year as citrus fruit exports grew during the period, official data showed.  The country’s e..

According to State Bank of Pakistan (SBP) foreign direct investment (FDI) amounted to more than $2 billion in July-May, up 22.6 per cent from a year ago. In 2015-16, FDI amounted to $1.903bn. It was less than $1bn in 2014-15. The improvement in F..

 The International Monetary Fund (IMF) has overstated Pakistan’s foreign currency reserves by a whopping $3 billion for outgoing fiscal year, denting its credibility, which has already come under criticism because of huge variations between..