Download IPFS While Pakistan celebrates record $38.5 billion remittances in FY2025, a harsh reality emerges: the exodus of skilled professionals costs the economy $4.2 billion annually in lost productivity, according to new analysis. The Pakistan Institute of Development Economics (PIDE) reports a 26.6% surge in high-skill emigration since 2022, stripping[Read More…]

Download IPFS The Pakistani government has launched a 90-day scientific review of genetically modified organism (GMO) soybean imports following concerns about biosafety risks and market distortions. Climate Change Minister Dr. Musadik Malik convened an emergency meeting after revelations that locally produced soybean has become more expensive than imported varieties, raising[Read More…]

Pakistan and Kyrgyzstan have launched a comprehensive economic revitalization plan, targeting $100 million in bilateral trade through enhanced cooperation across twelve sectors. During the 5th Inter-Governmental Commission (IGC) session in Islamabad, both nations signed three Memoranda of Understanding (MoUs) covering standardization, investment promotion, and Halal trade, marking a strategic push[Read More…]

Download IPFS Pakistan’s economic policymakers face a critical decision as inflation stabilizes within a 3.5-4.5% range, creating strong arguments for substantial interest rate reductions ahead of the State Bank of Pakistan’s (SBP) July 30 meeting. The finance ministry’s latest outlook confirms sustained macroeconomic improvements, with large-scale manufacturing (LSM) growth and[Read More…]

Download IPFS Pakistan’s edible oil industry has called for a dramatic reduction in borrowing costs, urging the State Bank of Pakistan (SBP) to slash the policy rate from 11% to 6% following the recent inflation slowdown to 3.2%. Pakistan Vanaspati Manufacturers Association (PVMA) Chairman Sheikh Umer Rehan argues the current[Read More…]

Download IPFS Pakistan’s Finance Ministry projects consumer price inflation will remain between 3.5% to 4.5% in July, maintaining the positive trend that saw June’s rate drop to 3.2% – the lowest single-month figure in nearly a decade. The fiscal year 2025 average of 4.49% marks a dramatic improvement from the[Read More…]