Karachi, October 30, 2019: State Bank of Pakistan has released its Annual Report on The State of Pakistan’s Economy for the fiscal year 2018-19 today. According to the report, several policy measures were taken during the year to manage the twin deficits crisis. In particular, adjustment of exchange rate to market fundamentals, curtailment in public…
Karachi, September 25, 2019: Foreign capital inflows are expected to increase foreign direct investment should revive as investors’ confidence is restored. Investor’s confidence to revive after government plans to implement IMF program. This should also help bring additional finance from multilateral institutions and other international partners along with the activation of a Saudi oil facility…
Karachi, July 27, 2019: For the digitization of Economy, the policy components of Digital Policy of Pakistan need to be backed by appropriate budgetary allocations by the Government. This was stated by Jameel Ahmad Khan, President of Pakistan Academy of Engineering while delivering his welcome address in the 14th Symposium of the Pakistan Academy of…
Islamabad, July 23, 2019: The government has recently announced to reduce truckload by 50 percent without realizing the devastating impact it will have on more than 45 local industries. Let’s start with the transport industry. Currently, Pakistan has approximately 330,000 Trucks on the road (310,000 trucks and 20,000 oil tankers). And after this axle limitation, Pakistan…
Banking Channels discussed with Ministry of Economy, Trade & Industry of Japan, say Engr. Daroo Khan Achakzai – President FPCCI Japan, July 23, 2019: On the second day of his visit to Japan, Engr. Daroo Khan Achakzai – President FPCCI has had fruitful meetings with the officials of Ministry of Economy, Trade & Ministry (METI)…
