8 h. ago Pakistan looks beyond traditional markets as TDAP approves export expansion plan

The Trade Development Authority of Pakistan (TDAP) on Monday approved a series of strategic initiatives aimed at boosting the country’s export competitiveness and diversifying market access during its 12th board meeting held in Islamabad. The meeting, chaired by Federal Minister for Commerce Jam Kamal Khan, was attended by senior government officials and members of the […]

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20 h. ago Pakistan launches bold AI plan to train 20,000 youth and fuel innovation

The Government of Pakistan has officially launched a National Artificial Intelligence (AI) Development Plan aimed at transforming the country’s digital landscape. The Ministry of Information Technology and Telecommunication (MoITT) will lead the initiative, which includes establishing AI hubs, training centers, and innovation platforms nationwide. The project is designed to equip thousands of Pakistanis with future-ready […]

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3 d. ago Pakistan sets bold industrial revival plan to boost exports and cut imports

ISLAMABAD – The government has finalized a new industrial policy to revive Pakistan’s struggling industrial sector. The Prime Minister’s Committee on Industrial Policy approved key reforms in a recent meeting chaired by SAPM Haroon Akhtar Khan. The policy focuses on increasing exports, reducing imports, and helping small businesses grow. Officials said the industry’s share in […]

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7 d. ago PM Shehbaz launches plan to turn Islamabad into Pakistan’s first smart city

Federal Minister for IT and Telecommunication, Shaza Fatima Khawaja, announced that Prime Minister Shehbaz Sharif has directed authorities to transform Islamabad into a model smart city using the latest digital technologies. The move aims to improve education, healthcare, and connectivity through an integrated national strategy. Speaking on Monday, the minister shared that the Ministry of […]

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1 week ago China, Ecuador sign cooperation plan to promote Belt and Road Initiative

BEIJING: China and Ecuador signed a cooperation plan to promote the Belt and Road Initiative in Beijing on Friday, following a meeting between leaders of the two countries. Noting that this year marks the 45th anniversary of diplomatic ties, Chinese President Xi Jinping said China-Ecuador relations have maintained a strong development momentum. Ecuador has joined […]

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1 week ago Jam Kamal unveils $60bn export plan with reforms, digital push, and private sector backing

Federal Commerce Minister Jam Kamal Khan has announced an ambitious plan to raise Pakistan’s exports to $60 billion by 2030. While addressing the National Assembly, he presented the new Strategic Trade Policy Framework (STPF) 2024–30, built on consultations with 17 sectoral councils. He stressed that the plan is realistic, backed by data, and designed to […]

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1 week ago China unveils plan to mark 80th anniversary of victory over Japanese aggression

BEIJING: China’s State Council Information Office on Tuesday held a press conference on the general arrangements for commemorative activities marking the 80th anniversary of the victory of the Chinese People’s War of Resistance Against Japanese Aggression and the World Anti-Fascist War. China will hold a military parade at Tiananmen Square in Beijing on September 3. […]

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2 w. ago Gaza’s children face dangerous hunger crisis, UNICEF urges Israel to allow aid

UNICEF has raised alarm over the growing number of hungry and sick children in Gaza. Due to blocked aid, food and medicine are not reaching them. The number of malnourished children has increased sharply in recent months. Israel’s restrictions are making the crisis worse. In May, over 5,100 children under five suffered from severe malnutrition. […]

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2 w. ago Federal cabinet approves Rs 1.275 trillion bank loan to tackle power sector debt

The federal cabinet has approved a major plan to control the growing circular debt in Pakistan’s power sector. According to official sources, the government will borrow Rs 1,275 billion from banks at low interest rates to settle outstanding payments. This large loan will help pay off the dues of Independent Power Producers (IPPs) and will […]

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2 w. ago Karachi mayor launches municipal bonds to fund city’s future projects

Karachi Mayor Murtaza Wahab has announced a major step toward solving the city’s development issues through municipal bonds. At a gong ceremony at the Pakistan Stock Exchange (PSX), he revealed a new funding plan. This marks the first time in history a Karachi mayor rang the PSX bell. The mayor shared that Karachi Metropolitan Corporation […]

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2 w. ago Fertilizer sales slightly up in May, but urea and DAP face big drops for 2025

Fertilizer sales in Pakistan rose by 5% in May 2025, with Urea offtakes hitting about 418,000 metric tons. However, despite this increase, total Urea sales for the first five months dropped sharply by 31% compared to last year. Similarly, DAP (Di-ammonium phosphate) sales jumped to 95,000 metric tons in May, more than double from May […]

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3 w. ago PM Shehbaz launches IT training drive to turn Pakistan into regional tech hub

Prime Minister Shehbaz Sharif has launched an ambitious plan to train Pakistan’s youth in modern IT skills. In a high-level review meeting, he stressed the urgent need to build a sustainable and advanced Information and Communication Technology (ICT) system. This system will position Pakistan as a major tech hub in South Asia, capable of exporting […]

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3 w. ago Gold prices jump by Rs4,000 per tola in Pakistan amid global surge

Gold prices in Pakistan rose sharply on Thursday, following a strong increase in the international market. The price of gold per tola jumped by Rs4,000 and reached Rs356,900, marking a significant daily gain. This rise reflects growing demand and international market trends pushing prices higher. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), […]

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3 w. ago Pakistan plans over 116,000 new gas connections despite ongoing shortages

The government of Pakistan has announced a plan to provide more than 116,000 new gas connections next fiscal year. Despite current gas shortages, officials aim to supply 115,530 new household connections, 550 commercial connections, and 350 industrial connections. This plan is part of efforts to improve energy access nationwide. Most of the new connections—about 85,740—will […]

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3 w. ago Pakistan’s plan to sharply increase growth faces headwinds – analysts

Pakistan is aiming to sharply increase economic growth under its annual federal budget unveiled on Tuesday, but analysts are skeptical about the country’s ability to meet its ambitious goals. The budget targets higher revenues and a steep fiscal deficit cut under International Monetary Fund (IMF) backed reforms. Yet, defense spending was hiked 20 percent, excluding […]

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3 w. ago Pakistan’s remittances jump to $3.68bn in may, on track for record $38bn in FY25

Remittances to Pakistan rose sharply to $3.68 billion in May 2025, marking a 16% increase from April and a 13.67% rise year-on-year, according to the State Bank of Pakistan. This strong growth continues the upward trend in remittance inflows. It also plays a key role in strengthening Pakistan’s foreign reserves and supporting the economy. From […]

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