economic

Pakistan is navigating IMF stabilization in 2024 amid mounting economic challenges – Trendy Blogger

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Pakistan is navigating IMF stabilization in 2024 amid mounting economic challenges – Trendy Blogger

Pakistan narrowly avoided a sovereign debt default in 2024 and succeeded in securing relative economic stability through an International Monetary Fund bailout, a report said. However, the year brought increasing challenges, including higher taxes and an economic recession, which left the wage-working class under enormous pressure. The government’s decision, under IMF terms, to raise the … Read more

Pakistan is navigating IMF stabilization in 2024 amid mounting economic challenges – Trendy Blogger

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Pakistan is navigating IMF stabilization in 2024 amid mounting economic challenges – Trendy Blogger

Pakistan narrowly avoided a sovereign debt default in 2024 and succeeded in securing relative economic stability through an International Monetary Fund bailout, a report said. However, the year brought increasing challenges, including higher taxes and an economic recession, which left the wage-working class under enormous pressure. The government’s decision, under IMF terms, to raise the … Read more

Telecom sector investment and foreign direct investment decline amid economic challenges: PTA report – Trendy Blogger

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Telecom sector investment and foreign direct investment decline amid economic challenges: PTA report – Trendy Blogger

Islamabad: Pakistan’s telecommunications industry faced significant setbacks in foreign direct investment (FDI), contributions to the national exchequer, and overall investments during fiscal year 2023-2024, highlighting the broader economic challenges facing the country. According to the annual report released by the Pakistan Telecommunication Authority (PTA) on Monday, foreign direct investment in the sector fell by 21% … Read more

The government is developing economic zones for Chinese companies – Trendy Blogger

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The government is developing economic zones for Chinese companies – Trendy Blogger

The Sindh government is developing two special economic zones in Karachi to facilitate Chinese investors setting up various industries in collaboration with local businessmen. This was stated by Syed Nasir Hussain Shah, Minister of Energy, Regional Planning and Development, on Saturday. Speaking as the chief guest on Saturday at the 10th International Beauty, Fitness and … Read more

Pakistan and China are planning to establish new corridors under the second phase of the China-Pakistan Economic Corridor – Trendy Blogger

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Pakistan and China are planning to establish new corridors under the second phase of the China-Pakistan Economic Corridor – Trendy Blogger

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives, Ehsan Iqbal, has announced plans to upgrade the China-Pakistan Economic Corridor to its second phase, with a focus on growth, innovation, sustainability, livelihoods and regional connectivity. A symposium is scheduled to be held in Beijing from December 17 to 30 to clarify the scope and implementation … Read more

The National Assembly informed that 43 projects worth US$24,703 have been completed under the China-Pakistan Economic Corridor. – Trendy Blogger

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The National Assembly informed that 43 projects worth US,703 have been completed under the China-Pakistan Economic Corridor. – Trendy Blogger

The Ministry of Planning, Development and Special Initiatives informed the National Assembly that 43 projects worth $24.703 billion have been completed under the China-Pakistan Economic Corridor (CPEC), while eight projects worth $759.56 million are currently being implemented. In response to a question from Tahira Aurangzeb during the Question Hour, officials from the Planning Ministry highlighted … Read more

China is looking to set up a $1 billion medical city in the Dhabiji Special Economic Zone, the Sindh government confirms – Trendy Blogger

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The government is developing economic zones for Chinese companies – Trendy Blogger

KarachiA $1 billion medical city could become a reality at the Dhabiji Special Economic Zone (SEZ) in Thatta, Sindh, as a high-level Chinese trade delegation has expressed keen interest in the ambitious project, according to the Sindh government. The announcement came during a visit by a 12-member delegation of leading Chinese companies to the Dabeiji … Read more

Pakistan and Czech Republic discuss key strategies to enhance economic cooperation – Trendy Blogger

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Pakistan and Czech Republic discuss key strategies to enhance economic cooperation – Trendy Blogger

Islamabad: Federal Minister for Economic Affairs Ahed Cheema on Thursday discussed key strategies to enhance economic cooperation between Pakistan and the Czech Republic. Federal Minister for Economic Affairs Ahad Cheema expressed his enthusiasm for the upcoming inaugural session of the Pakistan-Czech Joint Ministerial Committee during his meeting with Ladislav Steinhubel, Ambassador of the Czech Republic … Read more

Inflation and slowdown in manufacturing are slowing India’s economic growth – Trendy Blogger

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Inflation and slowdown in manufacturing are slowing India’s economic growth – Trendy Blogger

India’s economic growth slowed more than expected in the third quarter, driven by weaker performances in manufacturing and consumption, likely increasing pressure on the central bank to consider cutting interest rates. GDP grew by 5.4% in the July-September period year-on-year, marking the slowest growth in seven quarters and below the 6.5% forecast in a Reuters … Read more

Ahsan Iqbal stressed the need to achieve a balance between resources and emerging needs to ensure economic growth – Trendy Blogger

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Ahsan Iqbal stressed the need to achieve a balance between resources and emerging needs to ensure economic growth – Trendy Blogger

Islamabad: Minister of Planning, Development and Special Initiatives Professor Ahsan Iqbal on Friday stressed the importance of striking a balance between available resources and emerging needs to ensure sustainable economic growth and social prosperity in the country. Speaking at the closing ceremony of the Poverty Estimation Training Series, the Minister emphasized that access to scientifically … Read more