Economy
2035 Forecast: Pakistan’s Economy to Hit $1 Trillion
2 min read
LAHORE: Martin Raiser, the World Bank’s VP for South Asia, suggests that Pakistan’s GDP could reach $1 trillion by 2035, provided it maintains a consistent…
Rs. 1.47 Trillion Surge in Banking Sector in October 2024
2 min read
In October 2024, with a surge of 1.47 trillion rupees in advances, banks have been aggressively lending to certain consumers to avoid penalties imposed by…
Pakistani Startups Secure $32 Million in FY2024-25 Amid Rebounding Investment Climate
3 min read
Pakistani startups have made an impressive return to the global investment stage, raising $32 million in the first four months of the 2024-25 financial year.…
Pakistan’s October 2024 Remittances Hit $3.05bn, Reflecting 24% Annual Growth
2 min read
The State Bank of Pakistan (SBP) released data indicating that the inflow of overseas workers’ remittances into Pakistan was $3.052 billion in October 2024, a…
Urgent Reforms Needed for Pakistan’s E-Commerce Policy, Experts Say
2 min read
KARACHI: Experts emphasized the pressing need to update Pakistan’s e-commerce policy, which was last revised in 2019; in a workshop here on Thursday. Dr. Rajan…
SBP Eases Policy Rate by 2.5% as Inflation Shows Steady Decline
3 min read
The Monetary Policy Committee (MPC) of the State Bank of Pakistan decided to cut the policy rate by 250 basis points to 15 percent, effective…
Record Emigration: Economic Instability Forces Pakistan’s Best and Brightest to Depart
5 min read
Economic challenges are prompting skilled workers to leave Pakistan, resulting in a significant talent drain from banks, hospitals, and multinational companies. Asad Ejaz Butt, a…
Top 9 Business Groups & Companies Transforming Pakistan’s Economy
11 min read
Pakistan’s business world is full of big companies and groups that have changed the country’s industries and businesses. Aside from helping Pakistan’s economy grow, these…
Pakistani Big Tech Critic Officially Becomes The Head Of US Federal Trade Commission
2 min read
A Pakistani-American antitrust researcher named Lina Khan has been officially sworn in as the new Chair of the US Federal Trade Commission which is said…
World Bank predicts 0.5% growth for Pakistan’s economy in 2021 fiscal year
2 min read
The World Bank’s latest report on the impact of the coronavirus on South Asian economies has predicted that Pakistan’s economy will only grow by only…
Economic indicators point towards recovering economy in 2021
3 min read
It is common knowledge that Pakistan’s economic situation has gone from crisis to crisis in the past few years. First, the value of the Pakistani…
Pakistan’s economy rising at a pace unrivaled by anyone in the region says PM Imran Khan
2 min read
At a time when the world is under extreme economic stress due to multiple waves of COVID-19, Pakistan’s Prime Minister, Imran Khan, says that Pakistan’s…
IMF lowers Pakistan’s growth forecast to 1 percent for FY2020-21
2 min read
The International Monetary Fund (IMF) has revised its previous estimate and predicted that Pakistan’s economy might only grow by 1 percent, as opposed to the…
