Pakistan and Uzbekistan Strengthen Ties: A Step Towards Regional Integration
In a significant development, Pakistan and Uzbekistan have expressed their commitment to finalize a Strategic Partnership Agreement to bolster regional economic integration. The announcement came during a bilateral meeting between Caretaker Prime Minister Anwaarul Haq Kakar and Uzbekistan’s President Shavkat Mirziyoyev on the sidelines of the 16th Summit of the Economic Cooperation Organization (ECO) in […]
PSX Surges to New Heights: Crossing the 55,000 Milestone
The benchmark index of the Pakistan Stock Exchange (PSX) extended its gains on Friday as it crossed the 55,000 milestone following a 1,000-point surge, reaching an “all-time high”.According to the PSX website, the KSE-100 index climbed by 800 points or 1.51 per cent from the previous close of 54,261.42 by 10am. Two hours later (by […]
Pakistan’s Current Account Deficit Down 97% in October 2023
In the ongoing talks with the International Monetary Fund (IMF), Pakistan has delivered a hopeful message, asserting that its current account deficit might stay below $4.5 billion due to lower-than-expected imports. This revelation could potentially alleviate external financing concerns for the current fiscal year, providing a ray of optimism amid economic challenges. The Ministry […]
Pakistan to Be Among Top 5 Largest Global Economies by 2075: Goldman Sachs
In a recent research paper titled ‘The Path to 2075,’ economists Kevin Daly and Tadas Gedminas from Goldman Sachs have projected Pakistan to emerge as the sixth-largest economy globally by 2075, provided the nation adopts “appropriate policies and institutions.” The study, which covers 104 countries and extends its projections to 2075, envisions China, India, the […]