We are all aware of the short-term economic relief: a 60-year low inflation rate, remittances nearing $4 billion in a month, a current account surplus of nearly $1 billion and global oil prices dropping sharply from the low $80s to the $60s per barrel. We're also anticipating almost certain inflows of $2 billion from the International Monetary Fund (IMF), including climate-linked funding, a sus
Increasing business and trade relations with the UK can provide Pakistan and its industries an alternative destination to achieve the desired goals of socio-economic prosperity, qualitative industrialisation and exports, in which the Pakistani businessmen and investors settled in the UK can play an important role. Rising cooperation in health, education, hospitality, culture, IT, human resource
Amid escalating tensions between nuclear-armed neighbours following India’s unlawful missile strikes against civilians early Wednesday, which resulted in the deaths of dozens of innocent people, investors grew increasingly concerned that the conflict could escalate into a full-scale war. Pakistan’s armed forces responded by downing five Indian fighter planes, creating a panic-like situation in
Planning Minister Ahsan Iqbal on Saturday vowed that the government would not let anything derail Pakistan’s development and economic growth agenda. Chairing a crucial meeting to prioritise projects for the upcoming Public Sector Development Programme (PSDP) for 2025-26, the minister said the government had redoubled efforts to achieve economic transformation. An official announcement said t
Pakistan reopened its airspace for all types of flights on Saturday as tensions eased with India following a ceasefire agreement. The two neighbouring nations closed their airspaces multiple times since Wednesday, when India launched missiles into Pakistan, triggering a series of hostilities. On Saturday evening, the Pakistan Airport Authority (PAA) announced that the airspace has been fu