Foreign reserves likely to reach at highest level of $20b by Oct

The government expects GDP growth of 5.5 percent in the current fiscal year hoping that it will help further strengthen the economy. Federal Finance...

ADB announces new $1.2 bn annual package for Pakistan

Karachi - The Asian Development Bank said Tuesday it has approved a new assistance programme for Pakistan worth $1.2 billion annually, to improve infrastructure...

CPEC project will bring economic revolution: CM GB

Chief Minister Gilgit Baltistan Hafiz Hafeez-ur- Rehman has said that China-Pakistan Economic Corridor (CPEC) project will bring an economic revolution and change the life...

Maleeha Lodhi terms the post-2015 Agenda as a roadmap for future development

Ambassador Maleeha Lodhi has termed the post-2015 Agenda as a roadmap for future development.Pakistan's Ambassador to the United Nations Dr Maleeha Lodhi has called...

Pakistan’s economy has improved in recent years: WSJ

A renowned US English daily, The Wall Street Journal says Pakistan's economy has improved in recent years despite security challenges and energy problems.In its...

CPEC to bring socio-economic development in country: Shahbaz

Punjab Chief Minister Muhammad Shahbaz Sharif has said that China Pakistan Economic Corridor (CPEC) project will be carried out expeditiously to bring about socio-economic...

Land acquisition process for Gwadar Port Free Zone completes

Gwadar Port Authority has completed land acquisition process to set up a Free Zone along the port and its execution is expected to begin...

Economic development in Balochistan will promote peace and prosperity in Pakistan

Balochistan Chief Minister Dr Abdul Malik Baloch has said that economic development of the province would not ameliorate standard of life of common Balochistani...

Overseas Pakistani remittances rise 16pc to $16.6bn in 11 months

A significant growth of over 16% has been recorded in the overall remittances by the overseas Pakistani workers during the first eleven months of...

CPEC project will generate economic activities: PM Nawaz

Prime Minister Muhammad Nawaz Sharif has said that China-Pakistan Economic Corridor (CPEC) project will generate economic activities and bring about prosperity in the country....

Ishaq Dar hailed for accepting UNISAME’s demands

Union of Small and Medium Enterprises (UNISAME ) on Sunday thanked the federal finance minister (FM) Ishaq Dar for accepting its demands, partially...

Economic growth for this year remained 4.2% against target of 5.1%

The economic growth this year for Pakistan was 4.2 percent while the target was 5.1 percent, according to a copy of the Economic Survey...

Pakistan to achieve 7% GDP growth rate by 2017-18: Dar

Finance Minister Mohammad Ishaq Dar on Tuesday said that Pakistan was attractive destination for investment and 7 % GDP growth rate will be achieved...

Cut in interest rate a manifestation of improved macroeconomic conditions: Dar

Finance Minister Ishaq Dar on Sunday said that State Bank decision to reduce interest rate is a manifestation of improvement in macroeconomic conditions.In a...

State Bank sets interest rate to historic low in Pakistan

Interest rate has stooped to the lowest in Pakistan’s history after the State Bank dropped it by 1% bringing the overall rate to 7%,...

Will achieve economic goals through Punjab Growth Strategy 2018: CM Shahbaz Sharif

Re-affirming his vision for Punjab's development during the inaugural function of Punjab Growth Strategy 2018, the Chief Minister Shahbaz Sharif has expressed his views...

JI demands Rs500bn for Karachi uplift

Jamaat-e-Islami (JI) has demanded a special package of Rs500billion from the federal government for Karachi to spur its development on fast-track and create new...

CPEC seeks inclusive development at national and regional level: Ahsan Iqbal

The implementation phase of China Pakistan Economic Corridor CPEC has started in 2015 and the attention of global media has shifted from branding Pakistan...

PSQCA vows to ensure quality related activities for the benefit of economy and consumers

Pakistan Standards Quality Control Authority (PSQCA) is keen to support quality related activities for the benefit of economy and consumers in Pakistan. PSQCA has...

Overseas Pakistani workers’ remittances rise 16% in 10 months

Overseas Pakistani workers remitted $14,969.66 million in the first 10 months (July to April) of FY15, showing a significant growth of 16.06% compared...