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Navigating the agriculture sector
Reforms are required to improve competitiveness, productivity and exports
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Unlocking Pakistan’s trade potential with Europe
There must be a roadmap for reforms to remove bottlenecks
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Public sector efficiency: A billion-dollar challenge
There is a need for a paradigm shift in the operating modalities of SOEs
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Economic growth - lessons for Pakistan
Quick fix of consumerism-led growth has not yielded sustainable results
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Time to increase returns for local USD holders
Higher returns will offer investors protection from currency free fall plus nominal profits
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Financial crisis threatens K-P universities
Report shows that budgets of Rs6.56b in 2021-22 were slashed to Rs4.74b in 2023-24.
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‘Pakistan set to secure second IMF tranche’
Despite missed targets, research house projects positive outlook
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World Bank retracts tax statement
Admits mistake as data shows salaried workers outpay richest sectors
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Farmers advised to prepare for mid-October
Varieties approved by ministry are Chakwal-50, NARC-2009, PARC-2009, Dharabi-2011, Pakistan-2013, among others
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PSX gains as GSP+ status is extended
Deliberations for privatisation of loss-making SOEs lifted market’s sentiment
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Power companies crack down on electricity theft
Billions recovered as Hesco, K-P Task Force, and Lesco recover dues
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Punjab aims for bumper cotton crop
Caretaker chief minister says collective efforts from all sectors required
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SNGPL imposes Rs30m in fines for gas theft
Uncovers 55 illegal connections across various regions
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10-year agriculture plan to be unveiled
Minister mentions Greater Thal Kanal project; activation of 58 small dams in Potohar region
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Minister affirms fast-tracking CPEC projects
Saeed highlights that Gwadar is being transformed into a world-class port and logistics hub
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Economy bleeds $23b annually
On black market currency trade, oil and gold smuggling, import controls
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Panel concerned over Rs320m corruption
Notes employees of state units continued to work despite getting golden handshake
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Emerging economies face pressures as IMF, World Bank meet
Pakistan’s finances also under scrutiny during meetings next week
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Cabinet invokes emergency for PIA
Aims to fast-track sale of loss-making entity within four months
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Weekly inflation inches up
Rises by 0.11% due to food and fuel price increases
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Rupee recovers in open market
Gains Rs2.50 vs dollar after govt slapped ban on over 200 ATT goods
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Report projects up to Rs41 cut in oil prices
Drop in global market, hefty rupee recovery make imports cheaper
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Exports to China increase by 5.16%
Reach $350.297 million in first two months of FY24
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GSP+ status extended till 2027
EU Parliament overwhelmingly votes to extend scheme for four more years
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Govt mulls reconstituting boards
Seeks legal opinion on removing politically connected SOE board directors
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Government debt soars to Rs64 trillion
Increase of over 29% comes as World Bank report cautions on growing risks
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IT sector set to become third largest exporter
Insiders project export earnings reaching $3 billion in FY2023-24
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PLL awards LNG tender to Vitol
Asian spot LNG prices rose to $15/mmBtu last Friday
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PNSC to expand dry cargo operations
Seeks long-term contracts, especially from public sector entities
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Transit trade widely misused
Analysis shows some of goods imported under ATT smuggled back to Pakistan
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Rupee slowly regains value vs dollar
Nears 3-month high, hitting Rs284/$
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Crackdown pulls down gold price sharply
Bullion now costs Rs188,000 per tola
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Bank deposits are perfectly safe: SBP
Clarification comes as media reported risks for deposits exceeding Rs500,000
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NEPRA okays Rs1.71 per unit hike in power tariff
Raise approved on account of FCA for August
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Minister charts ambitious course
Aims to collaborate with Middle East for expertise in hydrocarbon exploration
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OPEC+ holds policy steady as Riyadh, Moscow keep cuts
Ministerial committee will continue to closely assess market conditions
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Experts seek proper energy infrastructure
Underscore urgency of data-driven approach to expedite transition
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Alvi calls for gender-responsive policies
Urges equal opportunities for women in education, jobs and politics
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In winning run, rupee stands below 285/$
Currency gets boost from steps taken to control leakages under ATT
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Textile exports continue downward spiral
Decline by 12% month-on-month to $1.35b in September
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PSO diversifies business to boost revenue
Sets up fintech, venture capital and renewable energy companies
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1% rate hike adds Rs600b to debt cost
If ministry's claim is accurate, budget for FY2024 is understated by Rs2.4tr
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Subsidised gas supply extended by 6 months
Decision on import of 200,000 tons of fertiliser postponed
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Rice exports likely to soar 40%
USDA estimates Pakistan will export 4.8m tons of rice, fetch extra $1b
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Cement sales decline by 3.96% in September
Total despatches reach 4.115 million tonnes, down from 4.284 million tonnes last year
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Digital payments may help solve challenges
Digitisation can boost Pakistan’s GDP by 7%, create 4m jobs
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Further tax on salaried class sought
World Bank asks govt to tax income below Rs50,000, cut Rs500,000 threshold
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Minister calls for national seed policy
Malik called for a uniform regulatory regime across all crop varieties to enhance Pakistan’s seed system
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Petroleum sales fall to 44-month low
Record high prices drive down oil demand to 1.06m tons in Sept
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Rupee hits three-month high against US dollar
Reaches just below Rs286/$ on improved supply of foreign currency