AN age-old question in Pakistan’s economic management is lurking behind the scenes one more time. How do we transition from economic stabilisation to economic growth? There is by now little doubt that stability has finally returned to Pakistan’s economy. But when and how we get to the stage where growth can resume remains the largest question hanging over the economy. It is not difficult to
Overall cement sales increased by 5.58 per cent to 4.146 million tonnes in November from 3.927m tonnes in the corresponding period last year. As per data of All Pakistan Cement Manufacturers Association (APCMA), local cement despatches were up 2.4pc to 3.342m tonnes compared to 3.264m tonnes in November 2023. Exports also increased by 21.27pc to 803,258 tonnes from 662,374 tonnes. However
The Asian Development Bank (ADB) signed an agreement on Wednesday to provide $86.2 million in financing to a waste-based aviation fuel-producing plant in Sheikhupura. In a statement, the ADB said it signed with SAFCO Venture Holding Ltd “a landmark $86.2m financial package to finance the construction and operation of a sustainable aviation fuel (SAF) facility in Sheikhupura — the first private
Planning Minister Ahsan Iqbal on Tuesday emphasised the critical role of Islamic finance in driving sustainable economic growth and addressing global challenges such as climate change. He was speaking as the chief guest at the 4th World Islamic Finance Forum, organised by the Institute of Business Administration (IBA), which brought together experts to explore the theme, “Islamic Finance, Innov
The Minister for Privatisation, Investment and Communications, Abdul Aleem Khan, has hinted at the construction of Hyderabad-Sukkur Motorway and Karachi-Hyderabad Motorway under the Public-Private Partnership (PPP) mode. “There is no doubt that many highway construction projects are of great interest to private investment for which the National Highway Authority must definitely put its effor