News

Cheap flour: a short glimpse of power of market

Wheat is the main staple for 250 million Pakistanis, which is eaten at least twice a day. All governments have been striving to ensure the availability of wheat since the 1950s and have relied on the minimum support price and the procurement plan for maintaining strategic reserves through the purchase of domestic and imported wheat. Except for a few years, the country has witnessed wheat flour

Rethinking Pakistan’s FDI obsession

Many economists love quoting the declining or rising figures of the Foreign Direct Investment (FDI) coming to Pakistan. Not only do our governments boast about increasing FDI, but the commentators also appreciate it as an important gain. The SBP regularly updates the figures. Their fascination with FDI appears, if not like a panacea, certainly as a major breakthrough in achieving a faster growth r

Struggle to fast-track sustainable economic growth

Notwithstanding Pakistan’s commitment to aggressively implement the new International Monetary Fund (IMF) programme, doubts persist among eminent analysts about whether Finance Minister Muhammad Aurangzeb will be able to fulfil his pledges. Among other factors, fears are grounded in historical records of missed targets, instability triggered by current political polarisation, and the fact that

COMPANY NEWS

Team Europe launches TVET Phase IV FFC Launches Sona Boron DAP IBA Karachi receives NCEAC accreditation BOP’s financial results PVC for rehabilitation PQFTL offers Voluntary Pension Scheme

Global operators eye bid for Islamabad airport management

Renowned airport operators from around the world have expressed their interest in bidding for the management of the Islamabad International Airport. The development came to light during an online meeting chaired by Foreign Minister Ishaq Dar on Saturday. The meeting, which was attended by Pakistani envoys, reviewed market-sounding efforts for outsourcing airports through Pakistan’s diplomatic m