Muslim Town, Lahore, is a living example of how Pakistan’s urban neighbourhoods are rapidly changing. Originally planned as a residential area under the Lahore Development Authority, the area has gradually transformed into a mixed commercial zone. Tuition academies, small retail shops, clinics, food outlets, and home-based businesses now operate alongside residential homes. This transformation reflects […]
sustainable growth
Minister stresses sustainable growth for economic transformation
Pakistan’s ambition to become a trillion-dollar economy depends on the alignment of policy, capital, industry and institutions, Federal Minister for Board of Investment Qaiser Ahmed Sheikh said on Thursday, warning that fragmented efforts cannot deliver sustainable growth. Read More: ‘Industrialization vital for sustainable growth‘ Speaking at the 8th Pakistan Leadership Conversation in Islamabad, the minister emphasised […]
China targets balanced trade in 2026 with export, import boost
China plans to expand both exports and imports next year to promote “sustainable” trade, a senior economic official said on Saturday. The announcement comes amid concerns over Beijing’s trillion-dollar trade surplus and global criticism of its export-led growth model. Han Wenxiu, deputy director of the Central Financial and Economic Affairs Commission, said China must “adhere […]
ADB approves major $381m push for Punjab’s development
The Asian Development Bank approved $381 million in financing for Pakistan. The funds will support major development projects in Punjab. The bank said the projects will upgrade agriculture, education, and health services. The ADB stated that the financing will cover three targeted initiatives. These projects aim to modernise farming systems and improve resource management. They […]
Structural reforms put Pakistan on path to prosperity, Aurangzeb tells SCO
Finance Minister Muhammad Aurangzeb said that Pakistan’s structural reforms are placing the country on a path to sustainable growth. He made these remarks during a virtual address at the SCO Meeting of Finance Ministers and Central Bank Chiefs in Beijing. Due to the ongoing budget session in Pakistan, he could not attend in person but […]
Pakistan set to get $7.1 bn from ADB for sustainable growth
ISLAMABAD: The Asian Development Bank (ADB) on Sunday has announced a $7.1 billion financial package for Pakistan, saying it would help the country to achieve inclusive and sustainable growth over the next three years. Wencai Zhang, vice president of the Manila-based lender in a statement said that ADB plans to significantly increase the country’s sovereign […]