Pakistan’s Internet Speeds Lag Behind Global Standards
In the modern world, where internet speed and connectivity form the backbone of economies, Pakistan’s struggle to keep up with
National Savings Portfolio Hits Rs. 3.1 Trillion, Accounting for 7% of Domestic Debt
The total portfolio of the Central Directorate of National Savings (CDNS) stood at Rs. 3.1 trillion as of August 31,
SBP Foreign Exchange Reserves Surpass $9.5 Billion for First Time Since 2022
The State Bank of Pakistan (SBP) reported a $43 million increase in its foreign exchange reserves on a weekly basis,
Pakistan’s Power Generation Drops 17.4% in August 2024 Amid Lower Demand, Rising Solar Adoption
Pakistan’s power generation experienced a significant decline in August 2024, dropping by 17.4 percent year-on-year to 13,179 gigawatt-hours (GWh), and
Pakistan Needs to Arrange $100 Billion Financing in Next 4 Years to Manage Debt Obligations: Minister
The Deputy Finance Minister highlighted the urgent need for Pakistan to secure $100 billion in external financing over the next
Pakistan Seeks to Strengthen Ties with Russia in Trade, Energy, and Security: PM
Prime Minister Shehbaz Sharif expressed Pakistan’s eagerness to enhance trade, economic, energy, connectivity, and security cooperation with Russia during a
Gold Rate in Pakistan Hits Historic High, Continues Record-Breaking Run
Gold prices in Pakistan surged to a new all-time high on Thursday, following a rise in international prices. According to
Economic Affairs Division Seeks Additional Rs. 196 Billion for Foreign-Funded Projects
The Economic Affairs Division (EAD) has requested an additional Rs. 196 billion ($664 million) to ensure efficient utilization of foreign-funded
FBR Has So Far Received 1.77 Million Income Tax Returns
The Federal Board of Revenue (FBR) has received 1.772 million income tax returns for the tax year 2024 as of
Foreign Direct Investment in Pakistan Rises by 51% in August 2024
Pakistan’s net Foreign Direct Investment (FDI) reached $214 million in August 2024, marking a 51 percent increase compared to $142
