Addressing the signing ceremony, Caretaker Prime Minister Anwaar-ul-Haq Kakar said the agreement not only paves the way for the export of our pink rock salt but also symbolizes a landmark achievement for our nation’s investment climate. He said two hundred million dollar investment in this initiative is a resounding vote of confidence in our economic […]
The credit rating agency says that a “new deal” is key to the country’s credit profile, and we assume one will be achieved within a few months. Still, an extended negotiation or failure to secure it would increase external liquidity stress and raise the probability of default. Pakistan’s external position has improved in recent months, […]
PM Kakar appreciated the role of SIFC, ministries, departments, and affiliated stakeholders in accomplishing the major economic milestones as part of the caretaker government and setting the pace for future endeavors. During the meeting, the ministries presented progress on the projects and policy initiatives and gave plans for subsequent endeavors to attract investment. The SIFC […]
A recent analysis has revealed that Pakistan’s economy had the best performance in the past three decades under Nawaz Sharif’s premiership as compared to his opponents. According to Bloomberg Economics, Sharif’s PML-N scored better than Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) and Bilawal Bhutto Zardari’s Pakistan Peoples Party (PPP). The analysis was done by using a […]
As per details, the report stated that only the next elected government will have the authority to release supplementary grants whereas the federal government will have no such authority. Furthermore, a certain amount will be issued to government ministries and departments and also directed to not exceed their limits. Earlier, Pakistan received a $700 million […]
Pakistan-born Ali A Zaidi has appointed White House’s Deputy National Climate Advisor in the Biden-Harris administration. A statement issued on the Biden-Harris Transition website said Zaidi will be part of the team that advances the president-elect’s “agenda leading the world to confront the climate crisis — creating good-paying jobs, building resilient communities, and making historic […]
