Fitch Ratings Upgrades Pakistan’s Credit Rating to ‘B-‘ from ‘CCC+’ with Stable Outlook
Fitch Ratings has upgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B-‘ from ‘CCC+’ with a Stable outlook, reflecting
Pakistani Labor Immigration to UAE Plummets as Saudi Arabia Becomes Top Destination
Pakistani labor immigration to the United Arab Emirates (UAE) has declined sharply during the first quarter of 2025, primarily due
KP Govt Legalizes Cannabis Cultivation for Industrial and Medical Use
The Khyber Pakhtunkhwa government has taken a landmark decision to legalize the cultivation of cannabis (hemp) in specific districts of
IMF Mission Identifies Political Appointments and Weak Oversight in Pakistan’s Governance
The International Monetary Fund (IMF) has identified significant governance and corruption challenges in Pakistan’s public sector following a comprehensive assessment.
Neelum-Jhelum Hydropower Project Closure Costs National Exchequer Rs. 42 Billion Annually
The Neelum-Jhelum Hydropower Project (NJHP) has been incurring substantial financial losses due to repeated closures, with an estimated annual loss
Govt to Launch Interest-Free Loan Scheme for Pakistanis Seeking Foreign Jobs
The government has planned to provide interest-free loans of up to Rs. 1 million to 100,000 young people going abroad
Korangi Fire Rages for 18 Days, Sindh Govt Turns to US Specialists
American specialists will be brought in to help combat the persistent fire that erupted during drilling operations near an oil
Govt of Punjab Completes 1,562 Houses Under ‘Apni Chhat, Apna Ghar’ Initiative
The Punjab government has achieved a significant milestone by completing 1,562 houses under its flagship housing program ‘Apni Chhat, Apna
Pakistan Receives Record $4.1 Billion in Remittances for March: Governor SBP
State Bank of Pakistan Governor Jameel Ahmad announced on Monday that workers’ remittances reached an unprecedented $4.1 billion in March
Pakistan Could Lose $1.4 Billion in Exports Due to US Tariffs: PIDE
The Pakistan Institute of Development Economics (PIDE) has issued a stark warning that proposed reciprocal tariffs by the United States,
