The World Bank, in a new report, has designed strategies for five key industrial sectors in Pakistan, highlighting significant opportunities for energy efficiency and decarbonisation to help the country manage soaring energy costs and meet its climate goals. The report ‘Pakistan Energy Efficiency: Industrial Energy Efficiency and Decarbonisation (EE&D)’, outlines strategies, targeting the cemen
After a strong start in 2015, progress on the 2030 Agenda has slowed since the pandemic. Conflicts, climate shocks, inequalities, and mounting debt are derailing global Sustainable Development Goals (SDG) efforts. In Pakistan, already lagging, the focus now seems more on revenue generation than pursuing real human development. It is, therefore, unsurprising that Pakistan’s ranking on SDG index
In just over two weeks, Pakistan has endured a dual economic shock — sharply rising fuel prices and sweeping tax enforcement measures — deepening stress for citizens and businesses alike. On July 1, petrol prices rose by Rs8.36 to Rs266.79 per litre, while diesel jumped Rs10.39 to Rs272.98. Quietly embedded in the hike was a Rs2.5 per litre “climate support levy” layered atop existing petroleum
Pakistan’s most significant ally China has sprung another surprise on those who thought that US President Donald Trump’s tariff wars, leading to global trade tensions between Beijing and Washington, could slow down its economic rise. The 5.3 per cent year-on-year expansion in China’s economy during the first half of 2025 defies expectations and reinforces Beijing’s recovery momentum amid a volatil
Buoyed by improving macroeconomic indicators and renewed investor confidence, the Pakistan Stock Exchange (PSX) extended its bullish spell during the outgoing week, with the KSE-100 index gaining 3.2 per cent week-on-week to close at a record 138,597.36. This rally, driven by strong corporate earnings expectations, foreign interest, and local mutual fund activity, reflects growing optimism in t