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 Dar Departs for Istanbul to Attend First-Ever R-4+E-3 Foreign Ministers’ Meeting Deputy Commissioners in KP Given Power to Detain Without Charge Four Police Killed in Karak, Including a CTD Superintendent KSE-100 Falls 2,007 Points — Worse Than Emergency Day Pakistani Among Injured as Dammam Airport and Shaybah Hit PM Announces Rs160bn for KP With 70pc to Merged Districts Diesel Now Rs14 Dearer Than Petrol as the Gap Keeps Widening IMF Sees Weak External Position and Holds Growth at 3.5pc Lahore Is the World’s Most Polluted City Again Gul Plaza Had No Fire Alarms or Safety Measures Dar to Attend First R4E3 Foreign Ministers’ Meeting in Istanbul Government to Form JIT in Mir Raza Case Harry Brook Smashes Record-Breaking 202 as England Post 429-4 Against Sri Lanka in Rawalpindi Field Marshal Vows Total Defeat of Terrorists and Their Ideology Earthquake in Tibet Kills Sixteen NCCIA Rescues Karachi Teenager from Dark Web-Linked Network That Ordered Her to Poison Cat, Harm Herself Petrol Price Cut by Rs1.60 Per Litre, High-Speed Diesel Increased by Rs1.64 Under New Daily Pricing Mechanism Magnitude 7 Earthquake Strikes Tibet, Killing at Least 16 and Injuring 32 Lahore Tops Global Ranking of Most Polluted Cities with Hazardous AQI of 344 US Orders Staff Out of Saudi Arabia as Blasts Hit Southern Iran

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October 7, 2025

News Desk

PIA privatization enters the final stage, says Aurangzeb

Finance Minister Muhammad Aurangzeb has announced that the privatization of Pakistani International Airlines has entered its final phase, while the government is also actively considering the external assignment of Islamabad’s international airport and the privatization of energy distribution companies. Aurangzeb made observations during a meeting on Tuesday with a delegation led by the founder and chief executive of Acumen Jacqueline Novogratz. The meeting focused on investment opportunities, climate durability and ongoing economic reforms in Pakistan. In a formal statement, the Ministry of Finance stated that the minister informed the delegation on the government’s agenda and the efforts to stabilize the

April 27, 2025

News Desk

Saudi Arabian non -oil exports reach a record of $ 137 billion in 2024

Listen to the article Saudi Arabia’s non -oil exports increased to a high level of $ 515 billion Riyals ($ 137.29 billion) in 2024, Saudi Arabia’s Press Service (SPA) said, as the kingdom proceeded with economic diversification plans. The largest oil exporter in the world is seeking Vision 2030, an economic strategy aimed at reducing hydrocarbon dependence and expanding sectors, including tourism, sports and construction. Non -oil exports increased by 13% compared to 2023 and increased more than 113% since the start of vision 2030, Spa said. Abdulrahman Althukair, CEO of Saudi Arabia’s export development Authority, acknowledged growth in the

April 9, 2025

News Desk

Pakistan GDP to rise by 2.5% in 2025, adb says

Listen to the article Pakistan’s economy presents positive signs of stability and recovery, with an expected 2.5% increase in real GDP for the financial year 2025 (ending June 30, 2026). This development reflects the impact of strict macroeconomic policies and progress on basic economic reforms. According to the Asian development perspective (ADO) in April 2025, the Asian Development Bank (ADB) flagship (ADB), Pakistan’s growth rate for FY2025 is expected to remain the same as the previous year (FY2024), which also increased 2.5%. ADB reports that Pakistan’s growth is expected to be up to 3.0% FY2026. Growth prospects are assisted by

Additional tax revenues to be spent on welfare projects: PM Shehbaz

Prime Minister Shehbaz Sharif has said the additional tax collection will be spent on health, education, and other public welfare projects. He said this in a statement in response to the Lahore High Court’s decision of dismissing the stay order on windfall tax on banks’ additional income, benefiting the national treasury by 11.5 billion rupees, and a total of 34.5 billion rupees over the last month. The Prime Minister, taking notice of the stay order cases regarding the windfall tax imposed on banks’ additional income under the Finance Act 2023, had directed the Minister of Law, Minister of Finance, Attorney

PM Shehbaz-led govt has steered country out of economic woes, says Rana Sanaullah

Adviser to the prime minister Rana Sanaullah said that the Shehbaz Sharif-led government has steered the country out of the economic woes. Expressing his thoughts in Faisalabad, Sanaullah said: “Maryam Nawaz’s team is making all-out efforts to steer Punjab towards the prosperity.” “When they came to power, the country was facing power outages back in 2012,” said Sanaullah. He said, “People like Saqib Nisar have made bogus cases against us. Sanaullah said that the government had not stopped the opposition from holding the conference. Sanaullah said: “We had dealt the opposition before, when it came to protest.” The Pakistan Muslim

SIFC paving way for foreign investments to boost economy

Special Investment Facilitation Council is paving the way for investments from different countries to improve the country’s economic situation. In this regard, Memorandums of Understanding (MoUs) have been signed between Pakistan and the United Arab Emirate aimed at enhancing bilateral cooperation. The UAE has expressed interest in investing in various sectors, including banking, mining, railways and infrastructure. A significant agreement between Pakistan Railways and the UAE’s Etihad Rail is expected to improve the railway network. The strategic partnership between Pakistan and the UAE will enhance cooperation in trade, investment and energy sectors. Pakistan, Uzbekistan set $1 billion trade target: Uzbek

February 12, 2025

News Desk

Trade is not the responsibility of the government, ready to fully support the private sector: Finmin

Listen to the article Federal Finance Minister Muhammad Aurangzeb has confirmed the government’s commitment to support the private sector, stating that trade is not the government’s responsibility. Speaking to the Insurance Conference organized by the Pakistani Securities and Exchange Commission (SECP), he stressed the need for structural reforms and innovation in the insurance sector. Aurangzeb has underlined the government’s progress in achieving macroeconomic stability in the last 12 months, citing a “positive” meeting with the head of the International Monetary Fund (IMF), who welcomed Pakistan’s structural reforms. “The details of economic stability are known to everyone, but now we have

The Role of International Financial Institutions in Addressing Global Poverty

Introduction: International Financial Institutions (IFIs) such as the International Monetary Fund (IMF), the World Bank, and regional development banks have played crucial roles in the global economic landscape for decades. Their primary mission has been to support economic stability, growth, and poverty reduction worldwide. Despite this noble mission, the effectiveness of these institutions in addressing global poverty remains a topic of ongoing debate. In this blog, we’ll explore how IFIs function, their impact on developing nations, and the criticisms they face in their attempts to address the challenges of poverty. The Purpose of IFIs: The IMF and the World Bank

Pakistan to be part of premium economic club of world G-20 by 2030: Dar

Deputy Prime Minister and Foreign Minister Ishaq Dar says Pakistan will be the part of premium economic club of the world G-20 by 2030 due to its enormous economic potential. Speaking at the Pakistan Business Council’s Dialogue on the Economy in Islamabad, he emphasized all stakeholders to work collectively for economic sovereignty of the country. He said that we have become 24th largest economy of the world and inflation has been declined from double digit to four percent. Highlighting the achievements at diplomatic fronts made by country during the present PML-N government, he said that Pakistan became the non-permanent member

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