Pakistans
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Rethinking Pakistan’s export strategy | The Express Tribune
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[ad_1] ISLAMABAD: Everyone agrees that the only way out of the abyss that Pakistan’s economy finds itself in every few years is to increase our dollar income substantially. These non-debt creating inflows can only materialise through an increase in exports, investment or remittance. In this article, I will focus on the export part of this…
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Unlocking Pakistan’s trade potential with Europe | The Express Tribune
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[ad_1] KARACHI: The European Union (EU), a conglomerate of 27 different countries, is the largest destination market for Pakistani exports. According to the trade statistics provided by the International Trade Centre’s Trademap.org, the EU imported more than $12 billion worth of goods from Pakistan in 2022. The EU provides Pakistani exporters with GSP (Generalised Scheme…
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Pakistan’s exports to China jump over 5% in first two months of FY24: SBP
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[ad_1] A representational image of containers. — AFP/File Pakistan’s exports to China witnessed an increase of 5.16% during the first two months of the current fiscal year 2023-24 as compared to the exports of the corresponding period of last year, according to the latest data shared by the State Bank of Pakistan (SBP) on Friday.…
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‘Smooth general election’ to boost confidence in Pakistan’s economy: ADB
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[ad_1] Image of the ADB headquarters in the Philippines. — ADB The Asian Development Bank (ADB) has said that the economic reforms programme and a smooth general election are expected to boost confidence in Pakistan’s economy. The regional financial institution in its report released on Wednesday said Pakistan’s adherence to an economic adjustment programme through…
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Minister urges US-based diaspora to help unlock Pakistan’s investment potential
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[ad_1] ISLAMABAD: Caretaker Minister for IT and Telecommunications Dr Umar Saif on Thursday called on the Pakistani diaspora based in the US to help Pakistan unlock its investment potential and extended all his support for the “Investment in Pakistan” conference scheduled for this year. He made the appeal during a meeting with a high-level USAID…
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How IMF sees Pakistan’s economy in the near future – Part I | The Express Tribune
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[ad_1] KARACHI: Pakistan’s economy has become a major topic of discussion, dominating coffee table conversations and boardroom debates alike. Never before have I witnessed the common folk engaging in discussions about economic intricacies and key indicators with such vivid detail. Given our psychological predisposition for mythological interpretations and our natural inclination for storytelling, each of…
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Ateeq-ur-Rehman takes charge as GroupM Pakistan’s CEO
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[ad_1] GroupM Pakistan CEO Ateeq-ur-Rehman. — Press release GroupM Pakistan on Saturday announced the appointment of Ateeq-ur-Rehman as the company’s chief executive officer (CEO). In a statement issued by Group M — which is a leading media investment management company in Pakistan and worldwide — the appointment of new CEO is carried out with immediate effect. “Ateeq…
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Economic woes leave Pakistan’s textile industry tattered
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[ad_1] A worker operates a machine preparing fabric at the Kohinoor Textile Mills in Lahore on July 20, 2023. — AFP LAHORE: As Pakistan’s textile industry loses ground to more nimble Asian competitors, factory worker Lubna Babar was made redundant at the beginning of the year — one of the many victims of the crisis.…
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Land of flickering lights: Why Pakistan’s power woes persist | The Express Tribune
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[ad_1] PUBLISHED August 06, 2023 ISLAMABAD: Riaz lives in a one-room quarter in south Punjab. He is a farmer with a few acres of land and he waits for earnings every six months. He has one ceiling fan alone to endure the scorching summer heat. Yet, he received a bill of Rs 8,000 for one…
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‘Had Imran-led govt continued, Pakistan’s economy would have collapsed’
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[ad_1] The country would have economically collapsed had the Pakistan Tehreek-e-Insaf (PTI) government completed its tenure, former Federal Bureau of Revenue (FBR) boss Shabbar Zaidi said. The PTI’s tenure was cut short in April 2022, when the government was ousted after Khan was removed as the prime minister through a no-confidence motion, paving the way…
