There has been a significant reduction of 1675 billion Pakistani rupees in Pakistan's overall debt during a one-month period, reflecting improved financial conditions. According to experts, this decrease in total debt attributed to administrative measures, especially those aimed at curbing ...

In Karachi, a consortium of real estate firms from the United Arab Emirates is set to inject USD 20 to 25 billion into Pakistan's real estate sector. The announcement came from a robust delegation representing various UAE-based Pakistani real estate companies, including ALMIR, Habib Group, and Mark ...

Caretaker Prime Minister Anwaar-ul-Haq Kakar expressed optimism on Tuesday that the Special Investment Facilitation Council (SIFC) could attract investments of more than $60 billion to Pakistan in the next five years. In an interview with Arab News, he stated that the SIFC would function as a ...

The State Bank reports that the country's foreign exchange reserves have reached $12.57 billion. There has been an increase of $14 million in the central bank's foreign exchange reserves. According to the statement, the State Bank holds reserves worth $7.50 billion. As per the State Bank, ...

The State Bank of Pakistan (SBP) has reported a significant reduction in the domestic current account deficit (CAD) for September 2023. In this month, the deficit amounted to just $8 million, showcasing a remarkable decline. Moreover, when comparing the CAD for September 2023 with the same month ...

The Special Assistant to the Prime Minister, Tahir Javed, says that Pakistan is attracting $5 billion in investment in three sectors, and they aim to bring in investment while implementing the approved projects in the MOUs (Memorandums of Understanding). According to the details, Tahir Javed, the ...

Pakistan's foreign financing inflows have witnessed a remarkable surge, surging over sixfold to reach an impressive $5.41 billion during the first two months of the current fiscal year, which encompasses the period of July and August. This substantial increase represents a stark contrast to ...

In August, Pakistan saw a substantial increase in foreign direct investment (FDI), with an inflow of $146.1 million, representing a noteworthy surge of 15.4% compared to the $126.6 million recorded in August 2022. This surge in FDI is a promising sign for the country's economic prospects, ...

In the fiscal year 2023, the International Finance Corporation (IFC), a prominent member of the World Bank, made a significant commitment to Pakistan by pledging approximately $1.5 billion in both short- and long-term investments. This substantial increase in investments, compared to the previous ...

ISLAMABAD - The fifth meeting of the Special Investment Facilitation Coun­cil's (SIFC) Apex Committee held here on Friday with a spe­cial focus to improve the over­all business and investment en­vironment in the country being imperative for ‘economic revival’. The meeting was chaired by ...