Search results for "pakistan economy"

In a heartwarming news for overseas Pakistanis, a Pakistani-American’s pioneering Pandak Farms has entered into an agreement with prestigious EME Center of Innovation and Entrepreneurship to collaborate in the areas of research, development and business. Pandak...

It is generally believed that over 30 percent of Pakistan’s US $ 300 billion economy is undocumented. This is mainly due to successive governments’ failure over the last seven decades to bring people into tax net....

The Imran Khan Government’s intent to enhance Pakistan’s ease of doing business ranking is a step in the right direction but Islamabad needs a radical reorientation in facilitating foreign investment, a Pakistani-American investor says. “First of...

The oil-rich Gulf state of Qatar is the latest country to rescue Pakistan, announcing a $ 3 billion bailout package for the South Asian country reeling under financial crisis. Since he came to power in July...

Pakistan needs to encourage its information technology sector to maximize exports to international markets including the United States and overcome the twin challenges of trade and current account deficits, a technology investor says. “There has been...

So, what has forced Pakistan to come up with a bleak budget for the new year? Is it the dismal growth at just over three percent of GDP,  the fulfilment of IMF bailout conditions or sloganeering...

Pakistan’s National University of Science and Technology Campus, Credit: Knowfahad /Wikimedia Commons When rideshare giant Uber acquired Careem for $3.1billion in March, it marked a celebration of a Pakistani co-founder Mudassir Sheikha and his colleague’s entrepreneurship...

Following extensive deliberations, the International Monetary Fund and Pakistan have agreed on a 39-month Extended Fund Arrangement (EFF) under which the Fund will loan Pakistan $6 billion. The bailout package is subject to IMF management approval....

While the United States and Pakistan – longtime allies in the fight against terror with ups downs in bilateral ties – differed on some key strategic issues, the two-way trade between them soared to $6.6 billion....

The remittances sent by Pakistani-Americans jumped 23.58 percent to $2.516 billion during the first nine months of the 2019 fiscal year. The State Bank of Pakistan data shows that overseas Pakistanis sent $15.096 billion in the...