Princeton economist Atif Mian has issued a stark warning that the country is on the brink of an unprecedented financial crisis, driven by a complex web of challenges. His analysis highlights the gravity of the situation, as Pakistan grapples with severe economic difficulties stemming from ...

Pakistan’s exports of goods and services to China have witnessed a significant surge, marking a remarkable increase of 40.36 per cent during the initial four months of the ongoing fiscal year (2023–24). According to data from the State Bank of Pakistan (SBP), the total exports to China ...

Nawaz Sharif, the leader of the Pakistan Muslim League-Nawaz (PML-N), asserted that India achieved economic development by adopting PML-N's policies during his tenure as Pakistan's prime minister. Speaking at the Lahore Chamber of Commerce and Industry, he expressed pride in the ...

Nawaz Sharif, the leader of PML-N, asserted that India achieved economic progress by adopting the policies implemented during his tenure as Pakistan's prime minister. Addressing the Lahore Chamber of Commerce and Industry, he highlighted the positive impact of their policies on the national ...

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 ...

On a year-on-year basis, the total public debt stock of the federal government witnessed a 26 percent increase in September 2023 compared to the same month the previous year. State Bank of Pakistan (SBP) monthly data reveals that the debt stock rose to Rs. 62.291 trillion in September 2023 from ...

Pakistan saw a significant 11.5 percent month-on-month increase in remittances, according to the State Bank of Pakistan (SBP) report released on Friday. The surge was notably attributed to Saudi Arabia, with Pakistani expatriates sending a total of $2.2 billion in September. By October, this figure ...

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 ...

Pakistan is the country most severely affected by illegal trade in Asia, causing the national economy to face losses of billions of rupees. This statement was made by the Pakistan Business Council. According to officials, the overall volume of illegal trade in documented and undocumented economy ...