Remittances cross $2 billion for 12th consecutive month, SBP
According to the State Bank of Pakistan, the increase in remittances for the 12th month in a row is due to the “proactive policy...
Economic Survey out: Pakistan shows strong growth among world economies despite pandemic
The Finance Minister of Pakistan, Mr. Shaukat Tarin has presented the Economic Survey of Pakistan for the outgoing Fiscal year 2021-22, shedding a light on the government's performance.
Hammad Azhar explains the electricity shortfall as PTI MNA criticizes govt
As the PTI MNA Noor Alam Khan argued that Pakistan is a poor country, so why are the people(officers) of the government being given free electricity when people are dying due to excessive load shedding, Hammad Azhar replied about the progress made by PTI government in the sector.
Economic indicators pointing towards growth despite pandemic, Minister
The Minister for Information during a press briefing said that Pakistan Tehreek-e-Insaf (PTI) government had inherited high levels of debt servicing of over $10...
Statistics show Pakistan posted historically high Agriculture yields in FY21!
The government of Pakistan has shared information showing growth in the yield of major crops in Pakistan like maize, wheat, sugarcane, rice, onions, and pulses. The data shows that in the current year the yield in all these crops saw a major positive change, which government attributes to the new agriculture policies.
The new development budget 2021-22 explained!!
The Minister said that the allocation for the federal development budget is Rs900 billion for 2021-22 against Rs650 billion for 2020-21, showing an increase of 38.5 percent YoY, while the provincial development budget is of Rs1.2 trillion for 2021-22 against Rs867 billion for 2020-21, an increase of 38.6 percent.
PIA to dispose off ageing aircraft
PIA CEO Arshad Malik addressed a live session on Tuesday during which he revealed that following the instructions issued by the government of Pakistan,...
Forbes lauds Pakistani policies amidst pandemic
The magazine said," Even giants like the United States and India have had difficulty dealing with the coronavirus pandemic. Donald Trump, Dwayne Johnson, and Ellen DeGeneres have all been infected by this virus. In this situation, Pakistan has succeeded in reviving its economy."
State Bank to introduce collateral-free loan scheme to promote businesses
SBP Governor Reza Baqir has announced that the central bank has planned a clean loan scheme for the cottage industry for up to Rs10 million financing.
PIEDMC plans to launch state-of-the-art industrial zone in Sialkot
According to PIEDMC Chairman Syed Nabeel Hashmi, Sialkot being Pakistan’s largest sports and surgical goods exporting hub — has no regular industrial estate. Therefore,...
Karachi Port Trust (KPT) shows substantial growth over 11 months!!
According to the figures shared by Minister Ali Haider Zaidi in his tweet, during the 11 Month Fiscal Year from July to May 2021, the cargo on the ports increased 25.71 per cent in 11MFY21 compared to the same period in the last fiscal year.
These 3 startups are here to disrupt the traditional systems of Pakistan!
In February 2021, the Managing Partner for the most active global venture capital 500 Startups, Khailee Ng wrote on his Linkedin post, “There will be unicorns from Pakistan”. Looking at the recent news from the startup world, he wasn't wrong.