World Bank Warns Poverty Eradication for Half the World May Take Over a Century
ISLAMABAD/WASHINGTON: At the current sluggish pace, eradicating poverty for nearly half the world’s population, those living on less than $6.85 per…
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Updates on Pakistan’s economy, trade, markets, finance, entrepreneurship, and global business trends
IMF 21st program, EFF envision progressive Pakistan through structural reforms in govt: Esther Ruiz
Islamabad: International Monetary Fund (IMF), Resident Representative for Pakistan, Esther Pérez Ruiz on Thursday at an interaction with experts, civil society,…
Pakistan’s Real Estate Taxes May Hinder Investment Appeal Compared to Neighbouring Countries
KARACHI: Pakistan's complex property taxation system might be reducing its attractiveness for real estate investment when compared to neighbouring…
Pakistan’s Weekly Inflation Hits 27-Month Low at 16.69%
KARACHI: Pakistan's weekly inflation dropped to a 27-month low of 16.69% for the week ending August 21, 2024, as the rise in food prices eased…
Finance Minister Muhammad Aurangzeb Reaffirms Commitment to IMF Reforms Amid Bailout Uncertainty
Finance Minister Muhammad Aurangzeb reaffirmed the government’s strong commitment to the International Monetary Fund (IMF)’s structural reforms on…
Government of Pakistan to Borrow Rs32 Trillion This Fiscal Year, Dependent on IMF and China Support
The government announced on Tuesday its plan to borrow Rs32 trillion this fiscal year, including rollovers from foreign banks and bilateral…
Government Quietly Expands Traders’ Scheme Amid IMF Programme Uncertainty
ISLAMABAD: The government has discreetly expanded the scope of the traders' scheme to include shops located in residential areas, as uncertainty looms…
Indian Startups Secure $395 Million in Funding Surge, Up 350% From Previous Week
Indian startups secure $395 million across 20 deals last week, marking a dramatic increase of approximately 350% compared to the previous week, as…
Gold Prices in Pakistan Reach Record High Amid Global Surge
Gold prices in Pakistan soared to a record high on Friday, mirroring a global surge driven by increasing demand.
The price of gold per tola in Pakistan jumped…
Pakistan to Repay $24.8 Billion in External Debt This Fiscal Year
Pakistan is poised to repay $24.8 billion in external debt during the current fiscal year, according to the latest data from the State Bank of Pakistan (SBP).…