Record-Breaking Remittances Boost Economy Despite PTI’s Narrative
Contrary to claims by PTI Founder Imran Khan, Overseas Pakistanis have sent a record-breaking $14.76 billion in remittances in just five months. From July to November 2024, this unprecedented figure...
View ArticleGeneral Asim Munir’s Efforts Boost Economy, Says Business Tycoon Arif Habib
Prominent businessman Arif Habib has expressed optimism about the economic benefits resulting from meetings between Army Chief General Asim Munir and traders. He stated that most promises made during...
View ArticlePakistan Cuts Interest Rate Again: Inflation Eases, Growth Rises
The State Bank of Pakistan has announced another cut in the interest rate, bringing it down to 13%. This is the fifth consecutive reduction in the policy rate. The decision was made during a meeting of...
View ArticlePakistan’s Economic Confidence Reaches a Three-Year High
The December 2024 Global Consumer Confidence Index (CCI) report is out, and Pakistan’s economic confidence has reached its highest level in three years. The Consumer Confidence Index increased by 0.8...
View ArticleFBR Mandates Online Banking for Property Deals, Enforces Penalties on...
The Federal Board of Revenue (FBR) has mandated that property transactions must be conducted through online banking. This directive comes as citizens in Punjab face challenges related to property...
View ArticleDirect Shipping Service Strengthens Pakistan-Bangladesh Trade Ties
The National Logistics Cell (NLC) and DP World have launched a direct shipping service connecting Pakistan and Bangladesh. This initiative marks a major step forward in South Asia’s maritime trade...
View ArticleNLC Launches First Cargo Transport Service from China to UAE via Pakistan
The National Logistics Corporation (NLC) has introduced its first cargo transport service from China to the United Arab Emirates (UAE). This service operates under the International Road Transport...
View ArticleFrom Crisis to Stability: How Pakistan’s Economy Improved in 2024
Since the start of the year 2024 , Pakistan faced numerous economic crises. At one point, fears of bankruptcy were widespread. However, bold decisions by the government have resulted in rapid...
View ArticlePrivatization of DISCOs Gains Momentum: Key Milestones and Deadlines Revealed
The process of privatization of DISCOs is gaining momentum, with the Financial Advisor currently structuring the transaction. The Cabinet Committee on Privatization (CCoP) is expected to approve the...
View ArticleRemittances from Germany See 25% Growth in First 5 Months of FY 2024-25
Remittances sent by Pakistanis living in Germany showed a remarkable growth of 25.1% year-on-year during the first five months of the current fiscal year. Data released by the State Bank of Pakistan...
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