42 h. ago Aurangzeb briefs Moody’s on Pakistan’s stabilizing economy, reform drive

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has briefed Moody’s on Pakistan’s Stabilizing economy, reform drive and re-engagement

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3 d. ago Record pulse imports strain Pakistan’s economy amid local production crisis

ISLAMABAD – Pakistan’s pulse imports have hit an all-time high, crossing 1.32 million tonnes during the first 10 months of fiscal year 2025, costing the country over $918 million. With May figures reaching 1.4 million tonnes ($970 million), experts warn that imports may break all previous records by the end of the fiscal year. The […]

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8 d. ago Premier Li says Chinese economy capable of withstanding any external shocks

RIO DE JANEIRO: Chinese Premier Li Qiang Tuesday said that the Chinese economy is fully capable of withstanding any external shocks and achieving long-term stable growth. Meeting with representatives of Chinese enterprises operating in Brazil, Li said that since the year’s beginning, the Chinese economy has held up under pressure and maintained sustained and positive […]

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8 d. ago Pakistan receives record $38.3 billion in remittances in FY25, surging 27%

Pakistan’s economy received a major boost in FY25, as workers’ remittances soared to a historic $38.3 billion, marking a 27% year-on-year increase from $30.3 billion in FY24. According to the State Bank of Pakistan, this $8 billion jump reflects the resilience and growing support of overseas Pakistanis amid continued economic challenges. June 2025 alone brought […]

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1 week ago Macroeconomic policies, financial inclusion pillars of Pakistan’s economy

KARACHI – Governor State Bank of Pakistan (SBP), Jameel Ahmad, said that structural reforms will be undertaken for sustainable and

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2 w. ago PM Shehbaz emphasizes digital transactions to ensure economic transparency

ISLAMABAD – Prime Minister Shehbaz Sharif on Thursday stressed that shifting to digital transactions is crucial for improving transparency in Pakistan’s economy. He said digital payments are the need of the hour. While chairing a weekly meeting on the digital and cashless economy, the PM highlighted the importance of making transactions easier for both citizens […]

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2 w. ago Govt scales back tariff cuts to shield local industry and limit revenue loss

ISLAMABAD – The federal government has partially rolled back its earlier plan to reduce or eliminate regulatory duties on 285 imported products, following concerns about the potential impact on local manufacturing and foreign exchange reserves. This decision came after consultations with stakeholders and a steering committee overseeing the tariff policy. The revised plan, approved by […]

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3 w. ago Salik reaffirms govt’s commitment to address overseas Pakistanis’ issues as a priority

Overseas Pakistanis are making huge contributions to national economy: Faisal Zahid Malik Federal Minister for Overseas Pakistanis and Hu-man Resource

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3 w. ago Pakistan’s economic momentum grows as remittances hit $34.89 billion

Pakistan’s economy continues to strengthen for the second consecutive year under the Special Investment Facilitation Council (SIFC). Reforms and strategic investment policies have boosted confidence both locally and internationally. The country has shown progress in key areas including economic growth, trade, and investor returns. During the first 11 months of fiscal year 2024-25, remittances surged […]

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3 w. ago Pakistan forms committees to boost cashless economy under Prime Minister’s orders

Prime Minister Shehbaz Sharif has ordered the creation of three special committees to promote a cashless economy across Pakistan. These committees will focus on digital infrastructure, payment innovations, and government payments. Their goal is to make digital payments easier and more accessible for citizens and businesses. The committees will work on raising awareness about digital […]

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3 w. ago PM Shehbaz: Digital payments must be easier and cheaper than cash

Prime Minister Shehbaz Sharif on Monday urged authorities to make digital transactions simpler and cheaper than cash to speed up Pakistan’s shift toward a cashless economy. Chairing a meeting on the matter, he emphasized that developed countries prefer digital systems due to their efficiency and transparency. He stressed that Pakistan must follow this global trend […]

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4 w. ago PM Shehbaz forms committee to boost cashless economy and digitization

ISLAMABAD – Prime Minister Muhammad Shehbaz Sharif on Wednesday formed a high-level committee to promote a cashless economy and speed up digitization across Pakistan. The prime minister will personally chair the committee and oversee its progress weekly. During the meeting, the prime minister stressed that digitizing the economy is one of the government’s top reform […]

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