In an unusual development, the World Bank on Tuesday improved Pakistan’s two critical economic indicators within a short gap – revised upward the current year’s economic growth projection to 3pc from 2.6pc and reduced poverty estimates to 22.5pc compared to 25.3pc last year, without taking into account the latest household integrated economic survey (HIES). As part of the regional development o
Scheduled banks’ investments rose by over Rs5.8 trillion during the first nine months of 2025, reflecting both their continued preference for government securities and the state’s growing financing needs. According to State Bank of Pakistan (SBP) data, total investments of scheduled banks stood at Rs35.85 trillion by September 2025, up from Rs30tr in January — an increase of 19.3 per cent. The
A special meeting of the Sugar Advisory Board was held under the co-chairmanship of Deputy Prime Minister Ishaq Dar and Federal Minister for National Food Security Rana Tanveer Hussain to review the sugar market situation, imported sugar stocks, and the closure of the S-Track portal. The deputy prime minister attended via Zoom, while the federal minister joined from the Lahore office of the Pakist
China and Pakistan are committed to enhancing economic growth and improving the well-being of their citizens as Beijing's success in implementing Five-Year Plans offers a model for governance that can be valuable for Islamabad, which is working on its own Uraan five-year plan. These remarks were made by China's Ambassador to Pakistan Jiang Zaidong following conclusion of the fourth plenary sess
Pakistan and Sri Lanka have agreed to explore joint cooperation in marine tourism, recognising the vast potential of their coastlines and rich marine biodiversity to strengthen sustainable economic growth and regional connectivity. Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry proposed enhanced collaboration in marine tourism during a meeting with Sri Lankan Minister for