News

Boosting growth in a durable way

Pakistan’s economy remains trapped in a low-growth equilibrium despite improving macro indicators, and according to International Monetary Fund Managing Director Kristalina Georgieva, lower-income countries, despite reform efforts, are in a position where any new shocks would hit them ‘quite negatively’. Oil prices climbed about two per cent to a four-month high last Monday based on expectation

CORPORATE WINDOW: Stifling market growth

Several silent but formidable forces have been hindering market competition in Pakistan’s economic landscape: monopolies, cartels, and the dominance of state-owned enterprises (SOEs). These anti-competitive practices distort the market, exacerbate the price hike phenomenon, degrade product quality, and prevent new businesses from flourishing. This remains a significant barrier to the country’s

US delegation meets BBoIT leadership to discuss investment in Balochistan

Shahid Ahmed Khan, a member of the Presidential Advisory Committee on Arts (PACA) at the John F. Kennedy Centre in Washington D.C., met Balochistan Board of Invest­ment and Trade (BBoIT) Vice Chairman Bilal Kakar and CEO Abdul Kabeer Zarkoon on Sunday to discuss investment opportunities and development prospects in Balochistan. The meeting focused on using modern technology for earthquake-relat

At the mercy of climate change

The climate is changing rapidly, resulting in a range of new risks and vulnerabilities for rural people. The sixth assessment report of the Intergovernmental Panel on Climate Change (IPCC) finds that because of human activity, global temperatures have already increased by 1.1°C compared to temperature in the pre-industrial era, and this increase is projected to reach or exceed 1.5 °C within the ne

Finance: Setting clear priorities

National security and broader alignment with the emerging world order have emerged as Pakistan’s new priorities, something politicians and the public need to understand, as a delayed reckoning of this reality could be counterproductive for both. The hybrid regime is rolling out several legal and technical measures that promise better governance and ensure the vigilance of Pakistan’s cyberspace