Download IPFS Finance Minister Muhammad Aurangzeb has declared Pakistan’s intent to stay the course on economic reform and market stability, stating the country is prepared to “carry forward the journey of resilience, reform, and recovery.” Speaking during a virtual engagement with Moody’s Ratings Agency on Tuesday, Aurangzeb reaffirmed the government’s[Read More…]

Download IPFS Finance Minister Muhammad Aurangzeb has presented what he described as “compelling evidence” of Pakistan’s economic rebound during a strategic briefing with Moody’s Ratings, a major international credit rating agency. The engagement aimed to reinforce Pakistan’s position as a reform-driven economy committed to fiscal stability and growth, supported by[Read More…]

In a major update to its clean energy framework, the Government of Pakistan has finalized the 2025 National Solar Policy, introducing a revised per unit buyback rate for residential and small-scale solar power producers. Effective from August 2025, solar users exporting surplus electricity to the national grid will now be[Read More…]

In a significant stride toward reshaping its trade landscape, Pakistan is set to inaugurate its first direct freight train service to Russia in August 2025. The initiative, a product of multinational collaboration, aims to establish a stable overland corridor linking South Asia with Eastern Europe—enhancing regional connectivity and reducing reliance[Read More…]

In a strategic move to bridge Pakistan’s engineering potential with national development needs, Planning Minister Ahsan Iqbal has proposed the formation of a new umbrella organization called the National Engineering and Technology Federation (NETF). The federation, as envisioned by Iqbal, would centralize coordination among engineers, technologists, educational institutions, and policymakers[Read More…]

In a sweeping operation on July 14, 2025, Pakistan’s maritime and law enforcement agencies seized narcotics and illicit liquor valued at over Rs1 billion in the Arabian Sea, dealing a blow to smuggling networks. This article explores the operation’s success, its implications for regional security, and the challenges of combating[Read More…]

On July 14, 2025, Pakistan and the United Kingdom established the UK-Pakistan Business Advisory Council to boost trade and investment, announced during the inaugural UK-Pakistan Trade Dialogue in London. This article explores the council’s objectives, its potential to enhance economic ties, and the challenges of ensuring fair market access. The[Read More…]

On July 14, 2025, Pakistan’s Ministry of National Food Security and Research (MNFSR) set the ex-mill sugar price at Rs165 per kilogram, aiming to curb soaring retail costs. This article delves into the decision, its challenges, and the broader economic implications amid accusations of market manipulation. The MNFSR announced the[Read More…]

WASHINGTON, D.C. – The U.S. economy shrank more than expected in the first quarter of 2025, as fresh government data showed slowing consumer spending, weaker exports, and a surge in imports driven by new tariffs. According to the Commerce Department on Thursday, gross domestic product (GDP) fell at an annual[Read More…]

WASHINGTON – July 2, 2025 The U.S. labor market showed unexpected strength in May, as job openings rose to 7.8 million, according to new data released by the Labor Department on Tuesday. This marks an increase from 7.4 million in April and is the highest level seen since November 2024.[Read More…]