The financial sector plays a crucial role in promoting environmentally sustainable and socially responsible investment. Pakistan has set a target of a 50 per cent reduction in its projected greenhouse gas (GHG) emissions by 2030 — 15pc from the country’s resources and 35pc subject to the provision of international finance amounting to $101 billion for the clean energy transition. This requires
The resurgence of social and political tensions post-February elections is puzzling, especially when economic indicators in Pakistan are finally starting to improve. Despite navigating a very difficult year, where the country narrowly avoided default with the help of donors, the political climate has become increasingly volatile. The public, desperate for tangible benefits, is growing impatient
Freedom of expression is under threat. Defence Minister Khawaja Asif warns media persons and social media users that they could go to jail if they share ‘secret’ information that hurts Pakistan’s ties with “friendly and brotherly countries”. Does this apply to reporting and commenting on Dubai Unlocked, popularly known as Dubai Leaks? Well, it depends on who reports and who comments. Thanks
LAHORE: Federal Minister for Finance and Revenue Mohammad Aurangzeb has termed the banking sector’s recommendations for three priority sectors — small and medium enterprises (SMEs), digital and technology, agriculture — vital for promoting growth and sustainability. In a meeting with a delegation of the Pakistan Banks’ Association (PBA), the minister stated that the purpose of this initiative w
In Pakistan, as the harvesting season unfolds for major crops like wheat, rice, maize, cotton, and oilseeds, market dynamics invariably lead prices to their annual lows. This pattern has been particularly pronounced in Punjab during the recent wheat season. The prices experienced a significant downturn, plummeting by approximately 40 per cent to hover between Rs2,400 to Rs3,000 per 40 kilograms