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…]

Download IPFS The Pakistan Bureau of Statistics (PBS) has partnered with the United Nations Population Fund (UNFPA) to launch a three-day capacity-building workshop in Peshawar, equipping government professionals with advanced data interpretation skills. This initiative marks a strategic push toward evidence-based policymaking as Pakistan accelerates efforts to achieve its Sustainable[Read More…]

Download IPFS Deputy Prime Minister Ishaq Dar has declared Pakistan’s successful emergence from economic isolation, citing a dramatic drop in inflation from 40% to 2.4% and the completion of its International Monetary Fund (IMF) program as evidence of recovery. Speaking to the Pakistani diaspora in New York, Dar credited market-friendly[Read More…]

Download IPFS A prominent Chinese telecommunications and energy conglomerate, GuoDong Group, has shown strong interest in investing in Pakistan’s growing Information and Communication Technology (ICT) and renewable energy sectors, according to a statement released by the Ministry of Information Technology and Telecommunication. The announcement follows a high-level meeting in Shanghai[Read More…]

Download IPFS Pakistan’s Railways Minister Hanif Abbasi has unveiled an ambitious modernization plan for the nation’s rail network while touting significant economic progress under the current administration. Speaking at Lahore Press Club, Abbasi announced infrastructure upgrades, digital transformation initiatives, and strict anti-corruption measures – positioning these reforms as key to[Read More…]

Download IPFS In a strategic push to boost regional connectivity and economic integration, Pakistan and China have reaffirmed their commitment to the ongoing China Pakistan Economic Corridor (CPEC) with discussions aimed at expanding its reach into Central Asia. CPEC, a flagship component of China’s Belt and Road Initiative (BRI), is[Read More…]

Download IPFS Pakistan stands on the verge of securing a transformative Free Trade Agreement (FTA) with the United States, with senior officials indicating a deal could be finalized within days rather than weeks. State Minister for Finance Bilal Azhar Kayani hailed the potential agreement as an economic “game changer,” while[Read More…]