The recent Asian Development Bank (ADB) dialogue on fiscal sustainability brought together experts and policymakers to deliberate on Pakistan's macroeconomic trajectory. While the narrative surrounding Pakistan's fiscal and external imbalances remains dominated by overcoming the "twin deficit," I would like to highlight a more fundamental truth: the twin deficit is merely an indicator, not the roo
Pakistan's export-oriented textile, sports goods and leather industries are entering a period in which environmental performance is no longer simply a matter of corporate reputation. It is increasingly becoming a condition for maintaining access to major international markets. For Pakistan, where export competitiveness is already under pressure from energy costs, financing constraints, infrastr
OPEC+ kept its oil output policy unchanged for October at a meeting on Sunday, it said in a statement, as the producer group needs to agree new quotas before deciding its next output steps. The meeting of seven core OPEC+ members — Saudi Arabia, Russia, Iraq, Kuwait, Algeria, Kazakhstan and Oman — comes as the Iran war continues to disrupt oil exports through the Strait of Hormuz, limiting OPEC
Pakistan’s state agency the Trading Corporation of Pakistan (TCP) has issued a tender to sell and export 107,739 metric tons of white refined sugar, European traders said on Monday.
Gold prices nudged lower on Monday as strong US jobs data reinforced expectations for higher interest rates, while market participants awaited key US inflation prints due later this week for further clarity on the Federal Reserve’s policy path. Spot gold was down 0.5% at $4,405.47 per ounce, as of 0211 GMT, after falling 1% on Friday. US gold futures for December delivery were down 0.5% at $