News

IMF talks on $1bn climate funding kick off today

A technical mission from the International Monetary Fund (IMF) begins discussions in Islamabad today (Monday) on Pakistan’s request for over $1 billion in additional financing for climate resilience. This will be followed by a policy review early next week to assess the authorities’ performance under the ongoing $7 billion Extended Fund Facility (EFF). The technical team will engage mostly w

PM Shehbaz arrives in Baku to warm welcome

Prime Minister Shehbaz Sharif arrived in Baku on Sunday for a two-day official visit to the Republic of Azerbaijan. Azerbaijan’s First Deputy Prime Minister Yaqub Abdulla oglu Eyyubov, Deputy Minister of Foreign Affairs Yalchin Rafiyev, Azerbaijan’s Ambassador to Pakistan Khazar Farhadov, Pakistan’s Ambassador to Azerbaijan Qasim Mohiuddin and other senior dignitaries warmly received PM Shehbaz

Agriculture: Promoting climate resilient agriculture

Agriculture, being a climate sensitive sector, is highly vulnerable to climate change. At the same time, agriculture also contributes to climate change. Livestock and rice generate substantial greenhouse gas emissions but are also significant sources of farmer livelihood. Emission intensity could be reduced by promoting carbon sequestration activities that benefit farmers, such as regenerative agr

Rewriting rules of global tech outsourcing

In a small development shop in Karachi, a team of programmers watches their project pipeline shrink. Thousands of miles away in Manila, an IT outsourcing firm retrains its entire staff in AI integration. Meanwhile, in Bangalore, a major tech consultancy automates tasks that once required dozens of developers. This is the new reality of global tech outsourcing, which is experiencing its most signif

Finance: From compliance to responsibility

In an increasingly interconnected world, responsible business conduct (RBC) — defined by the Organisation for Economic Co-operation and Development (OECD) as contributing to economic, environmental, and social progress while mitigating adverse impacts — has become essential for maintaining a competitive edge. For Pakistani businesses, where regulatory pressure is still evolving, aligning with inte