Download IPFS Over the past year, Pakistan has achieved notable macroeconomic progress, including a primary fiscal surplus of 3.0 percent of GDP (gross domestic product) for July-March, the first in 24 years, and inflation falling to a 60-year low of 0.3 percent in April 2025. Foreign exchange reserves increased by[Read More…]

Download IPFS Pakistan’s 2023 Undergraduate Education Policy (UGEP), introduced by the Higher Education Commission (HEC), aims to revamp the country’s higher education system by promoting competency-based learning over traditional rote methods. While the policy’s focus on employability and skills development is crucial for Pakistan’s struggling economy, the approach raises important[Read More…]

Download IPFS Pakistan has seen some encouraging signs recently, including rising foreign exchange reserves, a lower debt-to-GDP (Gross Domestic Product) ratio, and improved import cover. However, these positive numbers mask deeper economic challenges, stagnant growth, limited reforms, and persistent vulnerabilities that threaten long-term stability. Khuram Shehzad, advisor to the finance[Read More…]

Download IPFS Prime Minister Shehbaz Sharif has reaffirmed his government’s dedication to supporting Pakistan’s overseas community by continuing the Workers’ Remittances Incentive Scheme (WRIS). This program encourages expatriate Pakistanis to send money back home through formal banking channels, which is vital for the country’s economic stability and growth. In an[Read More…]

Download IPFS A recent fatal accident in a long-closed mine has brought to light the severe consequences of neglecting safety protocols in critical industries. Engineer Arshad Ali, a mine inspector, revealed that one particular mine, shut down for over a year, was entered by the mine in-charge along with two[Read More…]

Download IPFS Pakistan is experiencing a dramatic rise in rooftop solar power as millions of households seek relief from soaring electricity bills and prolonged power outages. This surge in solar adoption is putting unexpected pressure on the already debt-laden national electricity grid, exposing the government’s failure to effectively manage the[Read More…]

Download IPFS Pakistan has earned a significant credit rating upgrade from Fitch Ratings, moving from CCC+ to B-, reflecting improved economic stability and reduced default risks. This milestone, driven by fiscal discipline and a new International Monetary Fund (IMF) bailout, signals growing investor confidence and opens doors for Pakistan to[Read More…]

Download IPFS On July 25, 2025, the National Database and Registration Authority (NADRA) announced a new appointment booking feature for its Pak ID Mobile Application (App), streamlining access to identity document services. This digital upgrade, initially available at 43 NADRA Registration Centers (NRCs), is designed to reduce wait times and[Read More…]

Download IPFS On July 25, 2025, Prime Minister Shehbaz Sharif approved Pakistan’s first Skills Impact Bond (SIB), a new initiative to attract private investment for equipping youth with market-driven skills. Launched during a review meeting in Islamabad, the “Pay-for-Success” model is designed to improve employability, stimulate economic growth, and support[Read More…]

Download IPFS Pakistan’s financial situation has gone from precarious to critical. With little revenue generation of its own, the country has racked up tens of billions of dollars in loans from both friendly nations and international institutions. According to economists, a large portion of these loans is being recycled to[Read More…]