Fitch Solutions maintained its forecast for the Pakistani economy to record real GDP growth of 4.2 percent in the fiscal year 2021-22, up from 3.9 percent in the fiscal year 2020-21.“We note that improving vaccination rates will buoy private consumptio…
Chinese companies have expressed their readiness to invest fifteen billion dollars in Pakistan’s petrochemicals sector.This was stated by Federal Secretary Board of Investment, Fareeha Mazhar while talking to APP in Islamabad today [Sunday].She said th…
Punjab Chief Minister Sardar Usman Buzdar says ten cement factories have been established and twenty two NOCs are being issued for establishment of new cement factories in Punjab.In a statement issued in Lahore on Saturday, Usman Buzdar said new cement…
Federal Minister for Planning and Development Asad Umar has dispelled the impression that the pace of work on the CPEC [China-Pakistan Economic Corridor] projects has been slowed down, reaffirming that major work of the projects has been completed by t…
The Pakistani rupee (PKR) appreciated against the US dollar (USD) on Thursday, recovering from September 15’s record low and gaining 94 paisas in the inter-bank market to close at Rs. 168.18.The rupee slid, on Wednesday, to Rs. 169.70 against the USD b…
The federal Minister for Industries and Production, Makhdum Khusro Bakhtyar, chaired a consultative meeting with small and medium-sized enterprises stakeholders this afternoon, according to a press release.The Secretary of Industries and Production, Ja…
Finance Minister Shaukat Tarin has said the government will start giving targeted subsidies from this month to the weak segments of society on essential commodities including sugar, flour and pulses.Addressing a news conference along with Minister of S…
Special Assistant on Political Communication Dr. Shahbaz Gill says Central Business District in Lahore will help generate1500 billion rupees in revenue.Addressing a news conference in Islamabad on Thursday, he said five plots in this project have been …
