Pakistan has embarked on discussions with the International Monetary Fund (IMF) to secure the final tranche of a $1.1 billion loan. This crucial financial negotiation is part of Pakistan’s ongoing collaboration with the IMF, aiming to address economic challenges, stabilize the financial landscape, and pave the way for sustained growth. The talks for the last…
In a monumental achievement, Pakistan has set a new record for its monthly IT exports, reaching an unprecedented high of $303 million in December 2023. This milestone not only underscores the robust growth of the country’s Information Technology sector but also highlights its increasing significance in the global digital economy. The remarkable surge in IT…
In a remarkable economic upswing, the Foreign Direct Investment (FDI) in Pakistan has experienced an extraordinary surge, witnessing a staggering 538% increase in the month of December 2023. This unprecedented growth in FDI signals a robust vote of confidence from international investors in Pakistan’s economic potential and the conducive environment for foreign investments. The notable…
In a positive economic development, Pakistan has recently achieved its highest current account surplus in five months, signifying a noteworthy turnaround in the country’s external economic indicators. This surge in the current account surplus is indicative of improved economic resilience, prudent fiscal policies, and effective management of external trade dynamics. The latest data underscores a…
