KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Irfan Iqbal Sheikh has cautioned that Pakistan may experience negative growth in fiscal year 2023. He highlighted the glaring…

ISLAMABAD: The International Monetary Fund (IMF) has reduced the economic growth forecast of Pakistan to 0.5% as well as steeply increased inflation projections far above 20% for two years —…

KARACHI: Karachi business leaders are advocating for a strong intellectual property rights (IPR) system in Pakistan, supported by technology, to harness the country’s resources and expand its wealth. President of…

LAHORE: The State Bank of Pakistan (SBP)’s recently published Agriculture report 2023, launched by Pakistan Business Council (PBC) and Pakistan Agricultural Coalition (PAC), showed that agriculture growth during the last…

ISLAMABAD: Pakistan’s decades-old policies that give preferential access to state resources to a select few sectors and ensure strong government footprints have placed it among nations that have the lowest…

KARACHI: Pakistan has officially upgraded to a middle-income country on the global map. However, the nation’s piling debt for non-development purposes has compromised its infrastructure and human development, inviting devastating…

KARACHI: The e-commerce sector in Pakistan has achieved significant growth over the past few years, thanks to the increasing internet and smartphone penetration. According to a report of eMarketer, Pakistan’s…

KARACHI: Pakistan’s economy is standing at a critical juncture – one where contingencies have long stopped working and long-term structural imbalances need to be addressed. According to a new World…

LAHORE: Pakistan’s cement industry posted a mild growth of 1.15% in January 2023 as total sales reached 4.005 million tonnes against 3.960 million tonnes in the same month of the…

KARACHI: Fitch Solutions has projected Pakistan’s economic growth to contract by 0.3% in the current fiscal year 2023 after the government allowed the local currency to devalue by a net…