Download IPFS In the midst of intensifying global instability, Pakistan’s Deputy Prime Minister and Foreign Minister Ishaq Dar has called for a renewed commitment to cooperative diplomacy and inclusive dialogue. Speaking during his official visit to the United States, Dar underscored the importance of multilateralism and the peaceful settlement of[Read More…]

Download IPFS The Asian Development Bank (ADB) has revised its 2025 growth projection for developing Asia and the Pacific, lowering the outlook to 4.7 percent. This decision comes amid rising concerns over global trade instability, particularly due to increasing United States tariffs and a retreat from open trade policies across[Read More…]

Download IPFS The Asian Development Bank (ADB) has reported a modest improvement in Pakistan’s economy during the fiscal year 2025, driven primarily by resilience in the industrial and services sectors. Despite ongoing fiscal constraints and structural weaknesses, the country has shown signs of gradual economic recovery. This latest update by[Read More…]

Download IPFS The Asian Development Bank (ADB) has revised Pakistan’s Gross Domestic Product (GDP) growth forecast for the fiscal year 2025 to 2.7 percent, reflecting a stronger-than-expected recovery in the industrial and services sectors. This upward revision comes despite mounting challenges in the agricultural sector, which is expected to contract[Read More…]

Download IPFS Pakistan’s trade bodies have fiercely opposed the shift to the normal tax regime under the Finance Act 2025, demanding the restoration of the Final Tax Regime (FTR) to protect exporters and simplify compliance. Their unified stand reflects deep concerns over bureaucratic overreach and economic strain on businesses. On[Read More…]

Download IPFS A high level delegation of Pakistan’s top business figures, led by former caretaker federal minister Gohar Ejaz, held strategic discussions with Field Marshal Asim Munir on Monday to review Pakistan’s current economic outlook and chart a path forward for much needed reforms. The meeting, held in Islamabad, focused[Read More…]

Download IPFS Pakistan’s inflation rate for July 2025 is projected to drop significantly on a year-on-year basis, with the Consumer Price Index (CPI) expected to register between 3.0 percent and 3.5 percent. This marks a steep decline from the 11.09 percent inflation recorded in July 2024, reflecting some success in[Read More…]

Download IPFS Pakistan managed to secure over $22 billion in external funding during the fiscal year 2024 to 2025, a figure that includes nearly $2 billion from the International Monetary Fund (IMF). According to newly released data by the Economic Affairs Division (EAD), the inflows helped the country steer clear[Read More…]

Download IPFS An explosive audit has exposed eight electricity Distribution Companies (DISCOs) in Pakistan for overbilling consumers by Rs244 billion, masking inefficiencies and theft while burdening households. The scandal, spanning fiscal year 2023–24, demands urgent accountability to restore trust in the energy sector. The Auditor General of Pakistan’s report, released[Read More…]

Donload IPFS The Oil and Gas Regulatory Authority (OGRA) has launched a comprehensive digital platform to transform Pakistan’s oil supply chain, aiming to enhance transparency, curb smuggling, and boost efficiency. This bold initiative, now in its advanced stages, seeks to modernize the energy sector and restore public trust. On July[Read More…]