The laissez-faire economic principle implies that market forces of demand and supply coupled with the profit motive of commercial entities guide and determine economic activity, stimulate growth, spur innovation and reduce wastage of resources with a view to offering end consumers a wide array of choices available at competitive pricing. A fair competition is the natural outcome of finely tuned
Pakistan stands at the cusp of a digital revolution. The government’s recent prioritisation of digitisation as a key lever for growth, development, and economic stability is not just a policy shift; it is an opportunity to transform how the country will operate, serve its citizens, and position itself globally. At the core of this transformation lies the need for advanced, energy-efficient, and se
China has rolled over $3.4 billion in loans to Pakistan, two senior Pakistani government officials told Reuters on Sunday, in a move that will help boost Islamabad’s foreign exchange reserves, a requirement of the International Monetary Fund (IMF). Beijing rolled over $2.1bn, which has been in Pakistan’s central bank’s reserves for the last three years, and refinanced another $1.3bn commercial
Federal Finance Minister Muhammad Aurangzeb departed from Islamabad on Monday for Seville, Spain to participate in the Fourth International Conference on Financing for Development (FFD4) being held from July 1 to 3, 2025, according to a statement issued by his ministry . The global conference will bring together leaders, policymakers, and international development experts to explore innovative
Stocks came under selling pressure at the Pakistan bourse on Thursday as the benchmark KSE-100 index gave up early gains and closed with a drop of over 700 points amid profit-taking. At the commencement of trading, the market extended its healthy momentum of the past two days, hitting intra-day high at 123,418 within the very first hour. However, profit-taking emerged soon afterwards, which gra