Economic Resilience In the backdrop of many trials and tribulations, Pakistan has demonstrated robustness in its economy that is adjusting to a challenging global milieu. The economic scenario in the country, with these and other barriers to face until 2025 (in this analysis is based on fiscal year), seems cautiously optimistic given GDP growth of
Growth with ChinaPakistan stands at a critical juncture; an economy facing daunting challenges and promising opportunities which will likely chart its course for the next few years. The International Monetary Fund (IMF) has forecast a 3.5% growth in Pakistan’s economy for the fiscal year of 2024-25, indicating tentative revival despite the continuing economic instability within
National Challenges and Breakthroughs The international banking industry is experiencing a seismic shift following increased regulatory intervention and the rise of new technologies. Banks — especially in the U.S. as we head into 2024 — find themselves navigating a regulatory realm that is both tougher and busier than ever before. The change follows years of
A Storm’s Ferocious Arrival Debby Fury Debby barreled before dawn into Florida’s marshy Big Bend with a form strong enough to force scores of evacuations and knock power out for nearly 200,000 residents. Winds gusting to 75 mph, saturated by heavy rain, Debby brought devastating flooding across northern Florida and south east Georgia into South
The Anti-Terrorism Court (ATC) has recently made some important advancements in addressing the ongoing legal turmoil over the kidnapping of famed controversy expert drama writer Khalil-ur-Rehman Qamar. Swift’s case not only features a victim whose star status demands headlines, but also all the complexities that come with a high-profile situation. Key Updates Case Overview According
Pakistan U-18 Be it any match of the Asian U-18 Volleyball Championship, perhaps no team has had more terrific outing than Pakistan national volleyball teams. While its most recent triumph has extended an unbeaten streak and set the stage for a high-stakes fixture against Japan in the Super Eights, It also shows the quality of
Vaccine Certificate System Pak has taken a major step for the health infrastructure in the form of establishing an end to end solution – issuing PIA and YF vaccine certificates at all levels. Led by the Ministry of National Health Services in collaboration with the NADRA, this initiative is designed to help international travelers who
Locally Developed 5G Pakistan has achieved a landmark milestone with the launching of its first-ever native 5G network. This landmark milestone marks a giant stride for digital infrastructure in the country, opening up many doors of connectivity and advances across industries. The launch of this cutting-edge network stands to revolutionize cyber infrastructure in the country,
Pakistan’s Economic Stability Financing Message to Emerging Distributors from IMF In a news that has caused sombrero percussions in commercial observant groups & policy quarters surrounding the world, International Monetary Fund (IMF) on Wednesday proclaimed first bailout package for Islamic Republic of Pakistan. This key development is expected to plug a desperately needed support for
Pakistan’s new taxes on foreign travel in national revenue push for 2024-25 budget National Assembly has given its assent for amendment in the Finance Bill 2024-25 and this is a very significant policy change. While economy class tickets will attract an excise duty under the new taxes that have been imposed, business and club class