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IMF Forecasts 2.6% Growth for Pakistan Amid Regional Tensions and Global Trade Uncertainty
IMF forecasts Pakistan’s GDP growth at 2.6% in FY2025, with a recovery to 3.6% next year. Inflation decreases, but external risks like regional conflicts and trade tensions loom large.
News Desk
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PM Shehbaz Sharif Prioritizes Diamer-Bhasha Dam & Free Market for Electricity Production
PM Shehbaz Sharif directs priority completion of Diamer-Bhasha Dam & the creation of a free electricity market to lower tariffs & ensure a sustainable supply. Reforms set to save Rs 4743 billion!
News Desk
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CCP Exposes Price-Fixing Cartel in DOC Market, Highlights Impact on Poultry Prices
The CCP uncovers a cartel in the DOC market involving eight major hatcheries, fixing prices via WhatsApp. This price-fixing has inflated poultry costs, with DOC prices surging by 346% between 2020-2021.
News Desk
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KSE-100 Index Falls 3.09% Amid Rising Pakistan-India Tensions
The KSE-100 index plunged 3.09% today, losing 3,545.61 points, amid fears of potential Indian military action against Pakistan. Experts attribute the decline to heightened geopolitical tensions following the Information Minister's statement.
News Desk
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Sindh Government and Goods Transporters Reach Agreement, Protest Ends
Negotiations between Sindh government and goods transporters in Karachi succeed, ending the protest. Transporters give 2-day deadline for resolution.
News Desk
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Economists Warn of High Recession Risk Amid Ongoing Tariffs and Global Economic Uncertainty
A majority of economists in a Reuters poll believe a global recession is likely this year, with U.S. tariffs significantly impacting business sentiment and economic growth projections.
News Desk
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Pakistan Crypto Council Signs Agreement with World Liberty Financial
Pakistan Crypto Council signs agreement with World Liberty Financial, highlighting emerging opportunities in crypto and investment sectors.
News Desk
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PM Orders Transparent PIA Privatisation, Live Broadcasts
PM Shehbaz directs live broadcasts of PIA privatisation to ensure full transparency. Govt invites fresh bids, offering up to 100% shares of the airline.
News Desk
