Business

Govt targets Pakistan’s public debt-to-GDP ratio to 61.5pc by 2023

Govt targets Pakistan’s public debt-to-GDP ratio to 61.5pc by 2023

ISLAMABAD: The government has set a target to reduce the debt-to-GDP ratio to 61.5% by the fiscal year 2028. According…
Pakistan inflation set to ease sharply in August: Report

Pakistan inflation set to ease sharply in August: Report

Pakistan’s Consumer Price Index (CPI) for August 2025 is expected to clock in between 3.75–4.25Pc year-on-year, marking a sharp slowdown…
Pakistan, Sweden explore new avenues for trade, investment

Pakistan, Sweden explore new avenues for trade, investment

Federal Minister for Commerce Jam Kamal Khan on Monday met with Sweden’s Ambassador to Pakistan, Alexandra Berg von Linde, to…
Pakistan-Iran agree to transform trade relations

Pakistan-Iran agree to transform trade relations

ISLAMABAD: Minister for National Food Security and Research Rana Tanveer Hussain led a delegation at the high-level Ministerial Meeting on…
Capital market development key to sustainable economic growth: SBP governor

Capital market development key to sustainable economic growth: SBP governor

KARACHI: The Governor State Bank of Pakistan (SBP), Jameel Ahmad, Monday, underscored the importance of well-developed, deep and diversified capital…
Chinese firm strikes energy storage deal with Pakistan’s IEC to tackle outages

Chinese firm strikes energy storage deal with Pakistan’s IEC to tackle outages

BEIJING:  At this year’s China International Energy Storage Exhibition, Chinese battery giant Hithium announced a landmark partnership with Pakistan’s The…
PSX surges past 150,000 for first time following Fitch bank rating boost

PSX surges past 150,000 for first time following Fitch bank rating boost

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a historic milestone on Tuesday as the benchmark index crossed the 150,000 mark…
Oil edges lower as market ponders potential Russia-Ukraine peace talks

Oil edges lower as market ponders potential Russia-Ukraine peace talks

Oil prices slipped in early Asian trade on Tuesday as market participants contemplated planned three-way talks among Russia, Ukraine and…
Fitch Ratings forecasts Pakistan’s GDP growth to reach 3.5pc by 2027 as inflation eases

Fitch Ratings forecasts Pakistan’s GDP growth to reach 3.5pc by 2027 as inflation eases

Pakistan’s banks are set to benefit from better opportunities to generate business volumes due to improving operating conditions amid receding…
WB assesses $195m power distribution project ‘moderately satisfactory’

WB assesses $195m power distribution project ‘moderately satisfactory’

The World Bank has assessed Pakistan’s $195 million Electricity Distribution Efficiency Improvement Project as “moderately satisfactory,” citing slow disbursements but…
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