News

Exports to US decline 10pc to $3.63bn

Pak­istan’s merchandise ex­­ports to the United States fell 10.14 per cent to $3.63 billion in the first eight months of the current fiscal year from $4.04bn over the corresponding period last year. The fall is mainly attributed to a dip in exports of textiles and clothing to North America, according to data compiled by the State Bank of Pakistan. Contrary to this, Pakistan’s exports to Chin

Tone-deaf policies and changing cropping patterns

Pakistan’s agriculture sector is witnessing a notable change in cropping patterns, driven by a complex interplay of various factors, including climate change and evolving market dynamics. However, it is concerning that the change appears to be out of sync with government planning and future development objectives set by our policymakers. The changing cropping patterns raise a pertinent policy i

CORPORATE WINDOW; Food preservation via solar drying

Pakistan is a country with a substantial agricultural sector that plays a vital role in feeding its population and exporting food to other countries. However, despite its significant contribution to the world’s food supply, Pakistan still faces challenges in ensuring food security for its citizens,” said Dr Muhammad Hanif, a senior scientific officer at the National Agriculture Research Centre, wh

When Eid becomes frugal

The skill of Pakistani parents shines through as they attempt to shield their children from the harsh realities of financial strain by ensuring they experience joy this Eid, just like any other. People are trying to stay steadfast in upholding the tradition of celebrating this happy occasion together, welcoming family and friends, and demonstrating their will to maintain a sense of normalcy and

World Bank wants unified GST collection agency

The World Bank has asked Pakistan to adopt a national fiscal policy by aligning federal and provincial spending with constitutional mandates, merge various federal and provincial revenue agencies into a single general sales tax (GST) collection agency, and effectively tax agriculture, capital gains and real estate in the next fiscal year’s budget. “Implement the new Fiscal Responsibility and De