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Govt pledges support to private sector for export growth, says Ahsan Iqbal

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

PM Shehbaz vows to combat climate change in collaboration with int’l community

Prime Minister Muhammad Shehbaz Sharif has reaffirmed Pakistan’s strong commitment to advancing the objective of combating climate change in close collaboration with international community and the United Nations. He was talking to the UN Resident Coordinator in Pakistan Mohamed Yahya, who paid a courtesy call on him in Islamabad. During the meeting, the Prime Minister appreciated the important work being carried out by the UN Country Team in Pakistan, emphasizing the need to further strengthen the collaboration in the areas of sustainable development and climate change. He said climate financing remained a crucial component of addressing the impacts of climate

Pakistan set for economic growth after stability: PM Shehbaz

Prime Minister Muhammad Shehbaz Sharif says Pakistan is taking off for economic growth after attaining macroeconomic stability. Presiding over the Federal Cabinet meeting in Islamabad, he lauded the tireless efforts of the government’s economic team for achieving the milestone of macroeconomic stability. The Prime Minister said the government is also taking effective measures and making untiring efforts to speed up journey towards achieving the goal of economic growth. Turning to his recent successful visit to the United Arab Emirates, Shehbaz Sharif said he had very fruitful meetings with the world leaders including UAE President Sheikh Mohamed bin Zayed Al Nahyan,

PM Shehbaz invites investors to invest in Pakistan’s clean energy & infrastructure opportunities

Prime Minister Shehbaz Sharif has called upon governments to strengthen climate financing and technology sharing. Addressing the World Governments Summit in Dubai, he urged private investors to explore Pakistan’s clean energy and infrastructure opportunities. He said multilateral institutions should support emerging economies like Pakistan in achieving sustainable growth. The Prime Minister said Pakistan is fully committed to mobilizing domestic resources and policy reforms. However, international partnerships and financial support remain critical to achieving this goal as global shift to a green economy requires a shared responsibility. He said Pakistan’s energy transition alone demands hundred billion dollars in investment. Shehbaz Sharif

Pakistan’s economy improving at macroeconomic level: PM Shehbaz

Prime Minister Muhammad Shehbaz Sharif says the foundation of Pakistan’s economy at the macro-economic level has been gradually improving since last year. Talking to Pakistani investors and businessmen in Dubai, he said the inflation has decreased to 2.4 per cent in January this year, while the policy rate is at 12 per cent. The Prime Minister said that Pakistan’s exports, including IT exports, are on the rise, and foreign remittances have reached a record high of three billion dollars in January this year. He said Pakistan’s economic landscape has witnessed stability at macroeconomic level following agreement with the International Monetary

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

Karot Hydropower Project pushes economic growth for Pakistan, CSAIL

Islamabad: The Karot Hydropower Project (HPP) stands as a model for Pakistan’s renewable energy future, balancing clean energy production, environmental stewardship, and economic development. While briefing the media and parliamentary delegation organized by “Understanding China Forum” at Karot HPP on Monday, Senior Advisor at China Three Gorges South Asia Investment Ltd (CSAIL) has said that the generation of reliable and affordable electricity will also help improve industrial productivity and support the growth of other sectors such as agriculture, manufacturing, and services, which depend heavily on consistent energy supply. Furthermore, the project’s long-term operation will reduce Pakistan’s energy import dependency, contributing

Provision of health, education facilities govt’s top priority: PM

Prime Minister Shehbaz Sharif has said provision of basic health and education facilities to every citizen of Pakistan is the foremost priority of the government. He was addressing a launching ceremony of the Aga Khan University Manual of Clinical Practice Guidelines as chief guest in Karachi. The Prime Minister said during his tenure as the Chief Minister of Punjab, he established institutions of international standard like the PKLI and burn centres for the treatment of deadly diseases. He said numerous valuable institutions like SIUT are also serving the public in Sindh. Shehbaz Sharif said soon after taking oath of the

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