Prime Minister Shehbaz Sharif expressed optimism about resolving Rs400 billion in pending tax cases, citing a recent court ruling that provided Rs23 billion in relief. Speaking at a cabinet meeting, he highlighted key reforms, including e-governance, FBR digitalisation, and an increase in foreign exchange reserves from $4 billion to $12 billion. Sharif called state-owned enterprises […]
economic growth
PM Shehbaz engages business leaders to drive economic growth
Prime Minister Shehbaz Sharif met with top business leaders at the Prime Minister’s House to discuss investment-friendly policies and economic reforms. He acknowledged the private sector’s role in industrial growth and assured government support in improving the business climate. The meeting aimed to foster collaboration and accelerate economic development. Highlighting macroeconomic improvements, the premier stressed […]
E-commerce vital for job creation, economic growth, says PM
ISLAMABAD: Prime Minister Imran Khan has said that the government is providing full support to foreign investors under the ease-of-doing-business policy. The prime minister expressed these views in a meeting with Group CEO of Daraz (online E-Commerce platform) Bjarke Mikelsen. The prime minister stated that Pakistan offered huge potential for e-commerce that will generate employment […]
3.94pc economic growth testified govt’s achievements: Experts
Financial and Economics Experts here Thursday said the remarkable achievement of 3.94 percent economic growth rate during the financial year 2020-21, has testified to the economic turnaround made by the present elected government that was endorsed by the Economic Survey of Pakistan (ESP). Muhammad Naeem, Assistant Professor, Economics Department, University of Swabi told APP that […]
Macroeconomic indicators showing positive trend despite COVID-19: Asim Bajwa
ISLAMABAD: Chairman China Pakistan Economic Corridor (CPEC) Authority Lt. Gen. (retd) Asim Saleem Bajwa Saturday said all the major macroeconomic indicators were moving towards a positive trajectory due to immense hard work by the government. Not without immense hard work, Pakistan’s economy performed beyond expectations with all major macroeconomic indicators showing positive trend amid Covid-19 […]
China’s economic growth steady amid tariff fight with US
China’s economic growth held steady in the latest quarter despite a tariff war with Washington, in a reassuring sign that Beijing’s efforts to reverse a slowdown might be gaining traction. The world’s second-largest economy expanded by 6.4% over a year earlier in the three months ending in March, the government reported Wednesday. That matched the […]
Financial inclusion of low-income groups a must for economic growth
The Deputy Governor State Bank of Pakistan Jameel Ahmad while talking to this scribe said that the equal opportunities for all to accessing and using the financial services would make the newly introduced and adopted National Financial Inclusion Strategy (NFIS) to contribute significantly in the economic growth. Lack of access to formal financial services commonly […]