CPEC Phase-II to help transform Pakistan’s economy: PM – Daily Times We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkPrivacy policy
ISLAMABAD: Prime Minister (PM) Shehbaz Sharif informed Asian Development Bank (ADB) President Masatsugu Asakawa about a ‘series of reforms’ introduced by the government for reviving the economy. Speaking to Asian Development Bank (ADB) President Masatsugu Asakawa who called PM Shehbaz along with the delegation. A press statement issued here read that the prime minister apprised […]
KARACHI: Pakistan’s risk of default is over. FER (Foreign Reserves) with State Bank of Pakistan increased by $30 million to $9.466 billion in September 2024. According to the latest data released by State Bank of Pakistan, interest rates of banks have also been reduced by 200 basis points. It is the most significant decline since […]
Chief Minister Punjab Maryam Nawaz said that Pakistan’s economy has come to the take-off position for a high flight. The recent program of the IMF will prove to be the last. The time is not far when Pakistan will emerge as an economic force. He has paid tribute to the sincere efforts of Prime Minister […]
GENEVA (Reuters) – Gaza’s economy has shrunk to less than a sixth of its size when the Israel-Hamas war began nearly a year ago, while unemployment in the occupied West Bank has nearly tripled, a U.N. report said on Thursday, underscoring the challenges of reconstruction. The report by the United Nations Conference on Trade and […]
ISLAMABAD: Prime Minister (PM) Shehbaz Sharif on Thursday hoped that the interest rate would be brought to a single digit gradually, saying that it would have a positive impact on the economy, ARY News reported. Addressing the federal cabinet meeting, PM Shehbaz welcomed the State Bank of Pakistan’s (SBP) decision to reduce the policy rate […]
Listen to article Jamaat-e-Islami (JI) Pakistan chief Hafiz Naeem-ur-Rehman has blamed ‘establishment-supported leaders’ for the country’s economic collapse, stating they have ‘ruined the economy and destroyed the nation.’ In a statement issued from Lahore, Hafiz Naeem said these leaders make deals with the establishment for power, only to criticise it when their demands are not met. Describing […]
Awami Muslim League chief and former interior minister Sheikh Rasheed Thursday claimed IMF has ‘ruined’ Pakistan’s economy. Talking to journalists outside the ATC in Rawalpindi, Sheikh Rasheed said, the government has again increased electricity rates on the ‘IMF demand’. The International Monetary Fund has ruined Pakistan’s economy, he alleged. He observed MNAs were appropriately arrested […]
In the ABC News presidential debate, former President Donald Trump continually redirected attention away from his current opponent, Vice President Kamala Harris, and instead targeted President Joe Biden. Trump repeatedly tied Harris to Biden, stating, “She is Biden. She’s trying to get away from Biden.” He blamed Biden’s administration for inflation and energy issues, claiming, […]
ISLAMABAD: Private Power and Infrastructure Board (PPIB) Director General Coal Said Ali Nawaz has remarked that Thar coal is truly a game changer for Pakistan’s economy as the country has spent $6 billion on coal imports in the last three to four years. “In the next five years, we could fully reap the benefits as […]