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
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 money changer counts American ticket tickets in a exchange office in Ankara, Türkiye on November 11, 2021. – Reuters Despite the Boycott call from Pakistan Tehreek-e-insaf (PTI), the founder of the Imran Khan founder, funding of funds inflated from 25.2% to 3 billion dollars in January 2025, against 2.397 billion dollars recorded During the … Read more
The justice of the Supreme Court Hasan Azhar Rizvi. – SC website Top short asks if spies are said to be judged in the military courts in the future. Judge Mandokhail underlines the unjustified sanctions of the innocent people. Hearing on civilian military trials postponed until February 3. The justice of the Supreme Court Hasan … Read more
People walk while shopping at a market in Karachi on April 19, 2023. — Reuters ISLAMABAD: The country’s economy demonstrated sustained positive developments during the first five months of the current fiscal year, with prudent fiscal management and strategic reforms paving the way for sustainable economic growth, the Ministry of Finance said on Friday. Finance. … Read more
People cover up to stay warm during thick early morning fog at the fruit wholesale market on the outskirts of Peshawar, January 9, 2024. — Reuters The debt-to-GDP ratio is expected to gradually decline. External factors, such as the exchange rate, impact debt sustainability. Contingent liabilities remain a significant risk to debt dynamics. ISLAMABAD: The … Read more
Khurram Schehzad, veteran investment banker. -Linkedin/@khurramschehzad Veteran investment banker Khurram Schehzad has been appointed as advisor to Finance Minister Mohammad Aurangzeb on financial reforms as the government steps up efforts to bring sweeping changes in different sectors of the economy to put the country on the right path sustainable growth. “The Prime Minister was pleased … Read more
A representative image showing electricity pylons on March 30, 2022. — Reuters Energy sector reforms face economic hurdles: Awais Leghari. The country is still grappling with the consequences of past IPP contracts, he adds. He deplores the financial burden weighing on the system due to net billing system. ISLAMABAD: Energy Minister Awais Ahmad Khan Leghari … Read more