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BUSINESS
IMF Projects Pakistan GDP Growth at 3.2% for 2025
ISLAMABAD: The International Monetary Fund (IMF) has projected Pakistan's GDP growth rate at 3.2 percent for fiscal year 2025, an increase from the 2.4 percent forecasted for fiscal year 2024.
In its latest report titled “World Economic…
Pakistan’s Finance Minister Seeks Turkish Expertise in Power Sector Reform
WASHINGTON: Pakistan’s Finance Minister Muhammad Aurangzeb, who is in the US to attend the annual meetings of the IMF and World Bank, met with Turkish Treasury and Finance Minister Mehmet Simsek.
During the meeting in Washington,…
CCP Holds Fourth Hearing on PTCL’s Acquisition of Telenor Pakistan
ISLAMABAD, October 22, 2024: The Competition Commission of Pakistan (CCP) has moved to the fourth hearing in its Phase II Merger Review concerning PTCL’s proposed acquisition of 100% shareholding in Telenor Pakistan and Orion Towers…
Pakistan Finance Minister Lands in US for IMF, World Bank Meetings
WASHINGTON: Pakistan’s Finance Minister Muhammad Aurangzeb has arrived in the United States to attend the annual meetings of the International Monetary Fund (IMF) and the World Bank, which are being held from October 21 to 26 in Washington,…
Finance minister Aurangzeb leaves for US to attend IMF, WB annual meeting
Islamabad : Finance minister , Muhammad Aurangzeb, has left for the US to attend annual winter meetings of the International Monetary Fund (IMF) and World Bank .
As per an official announcement made here , Fiance minister , Mr…
SBP’s Annual Report Highlights Economic Recovery and Financial Stability in FY24
ISLAMABAD, October 18,2024: The State Bank of Pakistan (SBP) on Friday released its Governor’s Annual Report (GAR) for the fiscal year 2024, showcasing notable improvements in key macroeconomic indicators following two years of economic…
Pakistan Aims to Transform Transport Corridors into Economic Powerhouses
ISLAMABAD, October 18,2024: Federal Minister for Planning, Development, and Special Initiatives on Friday underscored the critical role of leveraging the country’s transport infrastructure to drive economic growth.
A high-level…
Pakistan’s Primary Balance Posts Surplus After 17 Years
ISLAMABAD: The State Bank of Pakistan (SBP) released its Annual Report on the State of Pakistan’s Economy for fiscal year 2023-24, noting improvements in macroeconomic conditions driven by stabilization policies, successful IMF engagement,…
Meta Streamlines Operations with Job Cuts in Major Divisions
About 21,000 jobs have been eliminated by the corporation since November 2022 to minimize expenses.
Chinese Company to Invest $1 Billion in PRL
Aims to be free from government oversight; the refinery will increase production with improvements .
