September 3, 2026
The European Commission's GSP+ review credits Pakistan with narrowing the death penalty, new domestic violence law and ILO ratification, but flags enforced disappearances, media freedom and judicial independence. The EU takes 28pc of Pakistan's exports.
February 21, 2025
Minister for Planning Ahsan Iqbal says the government is committed to provide policy support and investment facilities to the private sector to stimulate exports and bring innovation into the economy. He was chairing second meeting of the Policy Board under “Uraan Pakistan” Programme in Islamabad. The meeting emphasized promotion of private investment, export growth, industrialization, infrastructure up-gradation, innovation, and the advancement of modern technologies to drive Pakistan’s economic development. Speaking on this occasion, Ahsan Iqbal highlighted the need to focus on the 5Es framework to transform Pakistan into a three trillion dollars economy by 2047. Various proposals were also presented
January 29, 2025
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
KARACHI: Pakistan exported goods and services worth about $38 billion in FY24, up from about $35 billion in FY23, according to the Pakistan Bureau of Statistics. While exports of services remained relatively flat, rising from $7.6 billion to $7.8 billion, exports of goods increased by $3 billion. The Information and Communications Technology (ICT) sector, often lauded as the second largest source of critical export earnings, grew by 25% in the 24th year, adding over $600 million to the total. However, exports from the financial sector collapsed by about 80%, and travel-related exports fell by almost 22%. Other business services, which
Islamabad: In a paradoxical move to address the persistent economic challenges plaguing the country, Prime Minister Shehbaz Sharif commissioned the development of a “domestic plan” to British economist Stephen Durkon. The Dercon plan, as reported in the press, appears to propose key structural reforms to achieve high economic growth. Let’s look at his finances. First, economic liberalization, where the government should incentivize private investment and remove trade barriers, thereby allowing free trade. The Dercon plan targets exports of $60 billion from Pakistan over the next five years. Although this sounds like an ambitious number, there is a dire need for
Listen to the article Prime Minister Shehbaz Sharif announced on Friday that reducing electricity prices was a top priority for the PML-N government and its allies. He emphasized that providing relief to electricity consumers was a key agenda for PML-N Chairman Muhammad Nawaz Sharif and his administration. Addressing a cabinet meeting, the Prime Minister emphasized the need to reduce electricity prices to boost Pakistan’s exports. He noted that both the agricultural and industrial sectors will find it difficult to expand without a reduction in electricity costs, stressing that competitiveness in industry is closely linked to lower energy prices. Sharif criticized
Editor — Hamza Azhar Salam · Write to us with suggestions or tips
October 26, 2026
The Pakistan Daily
October 26, 2026
Frontpage.dev
Frontpage.dev