IslamabadOn the sidelines of the BFA Forum, Pakistan and Russia affirmed on Thursday a commitment to strengthening economic and trade relations. According to the press release issued by the Ministry of Finance, the reaffirmation was reaffirmed during the Federal Minister of Finance and Revenue meeting, Senator Mohamed Orangazib with the Deputy Prime Minister of the … Read more
Islamabad: Pakistan and the European Union are scheduled to make stronger economic relations with the launch of the European Union’s opening forum, to be held from May 14 to 15 in Islamabad. This historic event aims to enhance cooperation between both regions and was announced in a joint statement issued by the Pakistani government and … Read more
BeijingConsumer prices in China decreased at a sharp pace at 13 months in February, while producers’ prices continued, reflecting a decrease in seasonal demand and the ongoing consumer warned due to concerns about jobs and income. Data of the National Bureau of Statistics showed that the Consumer Prices Index (CPI) decreased by 0.7 % in … Read more
Prime Minister Shaybaz Sharif issued instructions to the relevant ministries and authorities to prepare within a week for meetings every two weeks with business leaders to develop implementable plans aimed at strengthening the economy. Speaking to a delegation of prominent businessmen at the Prime Minister’s house, he announced that these meetings in the sector will … Read more
IslamabadThe mission of the International Monetary Fund (IMF) is scheduled to reach Islamabad on Monday for the first economic review of the Pakistani rescue arrangement of $ 7 billion and its potential exchange of a billion dollar loan segment, according to sources in the Ministry of Finance. The review team of nine members will lead … Read more
Prime Minister Shaybaz Sharif stated that due to the efforts of his economic team, the country’s macroeconomic conditions in the country have improved significantly. However, he stressed that the government should focus on improving partial economic conditions to ensure that the benefits of economic progress will reach people. These notes were made while addressing a … Read more
IslamabadThe Governor of the State Bank in Pakistan, Jameel Ahmad, called on commercial banks to reconsider their current business models and give the priorities of lending to small and medium enterprises to contribute an activity in the economic growth of the nation. Speaking at the end of the Pakistani banking summit 2025 ′ on Tuesday, … Read more
The International Monetary Fund (IMF) emphasized the need for broad tax reforms in Pakistan, highlighting the weak revenues of the country and excessive dependence on the official sectors of taxes. Speaking at the “Return Retirement Conception: Innovation, Cooperation and Flooding”, the President of the International Monetary Council of Benchi indicated that some sectors contribute only … Read more
President Asif Ali Zardari affirmed Pakistan’s commitment to strengthening its strategic and economic relations with China, noting the country’s developments in technology, industry, space and agriculture as major areas of cooperation. Speaking in an interview with Chinese Central TV (CCTV) during his recent visit to China, Zardari highlighted the geographical proximity in Pakistan and a … Read more
Special Investment Equipment Council (SIFC) has directed the Energy Department to take steps to reduce the electricity tariff for SEZS to a regional competitive rate of 9 cents per unit. The decision, which aims to attract investment, was made at a modern meeting of the SIFC Apex Committee, headed by the Prime Minister and attended … Read more