ISLAMABAD — Pakistan’s economic growth rebounded to 3.9% in fiscal year (FY) 2021 (ending 30 June 2021) and is expected to reach 4.0% in FY2022 as business activity gradually resumes in the second year of the coronavirus disease (COVID-19) pandemic, the Asian Development Bank (ADB) said in ...

ISLAMABAD – Federal Finance Minister Shaukat Tarin Thursday unveiled the Economic Survey of Pakistan 2020-21. Tarin, while speaking at the pre-budget 2021-22 press conference, said Pakistan will end this fiscal year with a surprise growth figure of 3.9 percent, beating several earlier ...

The Special Assistant to the Prime Minister (SAPM) on Health Dr Faisal link Sultan said on Saturday that the restrictions of COVID-19 will not be eased until the whole population of the country gets vaccinated. The SAPM in a video message said that coronavirus restrictions will be eased once ...

ISLAMABAD - Federal Minister for Finance and Revenue Shaukat Tarin said Friday Pakistan intended to further strengthen its valuable trade, investment and people-to-people ties with the United States (US). Addressing a virtual meeting with the representatives of US-Pakistan Business Council ...

The federal government will present budget 2021-22 on June 11 link with an outlay size of around Rs8,000 billion. As the total size of the economy now stands at Rs52,057 billion, the federal government is to set the economic growth target of 4.8 percent for FY22. In FY22, the government would ...

Pakistan and China have so far completed 19 projects under the umbrella of China Pakistan Economic Corridor (CPEC), while 28 are under-construction and 41 more in the pipeline. “Both Pakistan and China remain committed to implementation of CPEC for quality economic growth and enhanced regional ...

ISLAMABAD - Criticizing the former rulers, Finance Minister Shaukat Tarin said that the PML-N government’s wrong polices had brought the country to the brink of economic disaster. Speaking to the journalists along with Minister for Energy Hammad Azhar and Minister for Economic Affairs Khusro ...

ISLAMABAD – The Pakistani Foreign Office once again clarified on Thursday that there was no US military or airbase in Pakistan and no such proposal was under consideration. Foreign Office Spokesperson Zahid Hafeez Chaudhri expressed these views during a weekly media briefing here at the ...

Pakistan Foreign Office spokesperson Zahid Hafeez Chaudhri said that Pakistan and China have so far completed 19 projects under the umbrella of China-Pakistan Economic Corridor while 28 are under-construction. He also said both the countries are committed to implementation of CPEC for quality ...

ISLAMABAD - Central Development Working Party (CDWP) gave go-ahead to 13 Projects worth of Rs88.24 billion including Attabad Lake Hydropower Project worth Rs25.348 billion. At a CDWP meeting presided over by Deputy Chairman Planning Commission Mohammad Jehanzeb Khan, cleared 11 development ...