Listen to the article Two months after President Donald Trump announced an American commitment to the United Nations Human Rights Council, Washington influences his work by applying pressure publicly and behind the scenes, said seven diplomats and rights. The United States has left its headquarters in a six-week session of the council of 47 members … Read more
A delegation of executive directors of the World Bank calls Prime Minister Shehbaz Sharif in Islamabad on February 17, 2024. – PID Positive results of government reform initiatives Govt introducing transparency to control corruption, PM said to WB. The delegation of WB executive directors arrives in Pakistan after 20 years. Installing the current government initiatives, … Read more
Listen to the article The Minister of Finance Muhammad Aurangzeb highlighted the country’s potential to export qualified work to Saudi Arabia alignment within the framework of the development of the 2030 vision of the kingdom. Speaking on the sidelines of the emerging conference of market economies in Alula, Aurangzeb stressed the growing opportunities for Pakistan … Read more
The director general of IFC and executive vice -president Makhtar Diop (left) meets Prime Minister Shehbaz Sharif in Islamabad on February 14, 2025. – PID Diop highlights the need for increased investment in the private sector. Govt’s efforts have increased the confidence of investors, said Diop. IFC to mobilize $ 20 billion to promote private … Read more
A merchant has Pakistani rupee tickets in a exchange stand in Peshawar. – Reuters / File Budget balance records a divergence from RS0.43Tr. The country’s budgetary accounts remain irreconcilable. The budget deficit represents 1.2% of Pakistan’s GDP. Islamabad: The overall Pakistan budget has passed from a surplus in a deficit of RS1.54 Billions, or 1.2% … Read more
A group of donkeys on a farm. – AFP / File The president of Na’s body wonders why Pakistan cannot export living donkeys. High -quality donkeys suggested to maintain the population. MNF officials say more donkey slaughterhouses probably in the country. Islamabad: officials of the Ministry of Food Security and National Research (MNFS) confirmed Thursday … Read more
An image of the Tethyan Copper Company (TCC) gold and copper mining exploration project site in Reko Diq, Balochistan. -TCC Manara is preparing to buy a stake for around $500 million to $1 billion: FT. A Saudi investment would be good for the project: the head of Barrick. The Saudi Minister of Mines confirms that … Read more
The seal of the International Monetary Fund is seen in the headquarters building in Washington, DC. — AFP/File On April 29, 2024, Pakistan successfully concluded a nine-month stand-by arrangement with the International Monetary Fund (IMF). Building on this milestone, the country transitioned to a 37-month Extended Financing Facility (EFF), equivalent to 261.9 percent of Pakistan’s … Read more
Finance Minister Muhammad Aurangzeb during an interview Finance Minister Muhammad Aurangzeb said the government intends to launch Panda Bond by June this year to strengthen the country’s presence in China’s capital markets. “Pakistan plans to raise around $200 million from Chinese investors through the issuance of the Panda Bond,” the finance minister said in an … Read more
A man walks with bags of supplies on his shoulder to deliver them to a nearby store at a market in Karachi, Pakistan, June 11, 2024. — Reuters The IMF forecasts Pakistan’s GDP growth of 4% in 2026. Expects a 2.6% drop in energy commodity prices in 2025. It forecasts a 2.5% increase in the … Read more
Donald Trump (center) and Gentry Beach (right) gesture in this file photo. – Journalist LONDON: A Texan hedge fund manager and business partner of the Trump family has praised Pakistan’s sacrifices in the war against terrorism, advising President-elect Donald Trump to make Pakistan-US relations stronger than before. Gentry Beach, who has been a close ally … Read more
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef speaks during an interview with Reuters at the World Economic Forum (WEF) in Riyadh, Saudi Arabia, April 28, 2024. — Reuters Exploring how we can help Pakistan in certain infrastructure: minister. According to him, without infrastructure, the economic aspects of the transaction are not attractive. Malik … Read more