President Asif Ali Zardari (center) in a group photo with Chinese business delegations who visited him, at Bilawal House Karachi, December 12, 2024. — PID A trade delegation led by Chinese Consul General in Karachi, Yang Yundon, met President Asif Ali Zardari and expressed interest in investing $1 billion to establish a medical city in … Read more
A currency changer counting $100 bills. — AFP/File Stable flows from the UAE “reflect” strict exchange controls. The SBP and the government expect remittances to reach a record high of $35 billion in FY25. During political unrest, remittances have demonstrated resilience. KARACHI: Data from the State Bank of Pakistan (SBP) on Monday revealed that remittances … Read more
Finance Minister Muhammad Aurangzeb addresses a press conference in this undated image. – APPLICATION FinMin attributes a positive projection to the government’s economic policies. Aurangzeb emphasizes the role of the private sector in the economy. The minister discusses the economic losses of the last 6 years amounting to Rs6 tr. KARACHI: Finance Minister Muhammad Aurangzeb … Read more
Construction work of Malir Korangi Expressway towards Quaidabad segment is underway, at Korangi Industrial Area in Karachi on Wednesday, November 6, 2024. — PPI KARACHI: Karachi Mayor Murtaza Wahab on Thursday announced an allocation of Rs 2.1 billion to address pressing infrastructure issues in Korangi Industrial Area (KIA), News reported. Speaking at the Korangi Association … Read more