Ali Ihsan, Senior Vice Chairman of the Pakistan Software Houses Association (P@SHA), has strongly condemned the severe impact of the hastily implemented national firewall on the country’s thriving IT industry….
In July 2024, Pakistan’s Consumer Price Index (CPI) based inflation slowed to 11.1 percent year-on-year, a decrease from 11.8 percent in the previous month and significantly lower than the 28.3…
In the current fiscal year of 2024-25, China and Saudi Arabia will extend $9 billion in loans to Pakistan, according to officials from the Economic Affairs Division (EAD). This update…
The International Monetary Fund (IMF) has yet to include Pakistan on the agenda for its executive board meetings scheduled until July 31. According to the IMF’s website, the executive board…
The country imported mobile phones worth $1.898 billion during the fiscal year 2023-24, showing a 233 percent increase compared to $570.071 million in the fiscal year 2022-23. In local currency,…
Pakistan Falls Short of 21% Inflation Target for FY24. In June 2024, Pakistan’s Consumer Price Index (CPI) inflation increased to 12.6 percent year-on-year (YoY), up from 11.8 percent in the…
In the whispers of global finance, the International Monetary Fund (IMF) spoke somberly of Pakistan’s economic horizon. Their recent communiqué, released like a lament after the final review of Pakistan’s…
Pakistan’s Finance Minister, Muhammad Aurangzeb, outlined ambitious plans to raise the country’s tax-to-GDP ratio to 13-14% over the next four years, despite the persistent challenge posed by pensions which remain…
