Oil spike threatens Pakistan’s economic growth – Pakistan
• Analysts say inflation may exceed 11pc, CAD could rise above $8bn• GDP expansion may slow to 2.5-3.0pc in FY27 KARACHI: Pakistan’s inflation is likely to remain in double digits if the surge in oil prices persists amid the unresolved Middle East conflict, analysts warned, adding that rising costs and disrupted imports are already straining […]
Industry leaders warn interest rate hike to hit exports, economic growth – Business
KARACHI: Trade and industry leaders on Monday criticised the State Bank of Pakistan (SBP) for raising the interest rate by 100 basis points to 11.5 per cent, calling the move ill-timed and unfortunate. They argued that it came at a delicate stage when the country was recovering and stabilising amid the Middle East conflict. They […]
President Zardari arrives in China for visit focused on ‘economic cooperation, CPEC’ – Pakistan
President Asif Ali Zardari arrived in China just past midnight on Saturday, for a trip where he will attend engagements related to economic and trade cooperation, as well as the China-Pakistan Economic Corridor (CPEC). According to a statement from his office, the president arrived in Changsha and was received by Hu Xusheng, Vice Chairman of […]
President Zardari departs for China for visit focused on ‘economic cooperation, CPEC’ – Pakistan
President Asif Ali Zardari on Saturday departed on a visit to China, with the Foreign Office (FO) saying his engagements will focus on economic and trade cooperation as well as the China-Pakistan Economic Corridor (CPEC). Punjab Governor Sardar Saleem Haider saw off the president at the Allama Iqbal International Airport in Lahore, state-run PTV said. […]
President Zardari to embark on official visit to China from April 25; talks to focus on economic cooperation, CPEC: FO – Pakistan
President Asif Ali Zardari will visit China from April 25 to May 1 with a focus on economic and trade cooperation as well as the China-Pakistan Economic Corridor (CPEC), the Foreign Office (FO) said. According to the FO, the president will travel to Changsha, Hunan province, from April 25 to 27, and to Sanya, Hainan […]
Generation capacity of at least 62,000MW needed by 2035 to support economic growth – Business
ISLAMABAD: The government has projected additional power generation capacity needs of 62,660 to 70,720 megawatt (MW) till 2035 to support the country’s economic growth of 3.5 per cent (low) to 6.4pc (high). This is part of the revised Indicative Generation Capacity Expansion Plan (IGCEP) 2025-35 and the Transmission System Expansion Plan (TSEP) 2025-35 prepared by […]
The economic connection – Newspaper
INDIA and Pakistan are already paying a heavy price for not trading directly. The closure of the Strait of Hormuz has created a new urgency for transboundary trade and energy cooperation. It has simply made the old argument impossible to dismiss. The global goodwill generated by the Islamabad talks has given Pakistan a new opportunity […]
‘Strangled’: Pakistan faces economic imperative in Iran war peace push – Pakistan
Sheikh Nadeem sat on a plastic chair outside his bedding store in Islamabad, scrolling through his phone as he waited for customers he knew were not coming. Between rising fuel costs and rolling blackouts due to the US-Israel war on Iran, and government restrictions on opening hours aimed at saving electricity, he said the effect […]
Govt forsees economic slowdown during current, next fiscal years due to Middle East war – Pakistan
ISLAMABAD: The government said on Monday that Pakistan’s economic growth would be affected during the current and next fiscal years due to an almost 20 per cent cut in development budget for fuel subsidies and inflationary impacts of global supply chain disruptions amid the war in the Middle East. “This (cut in development budget) will […]
UN survey says economic growth momentum weakening in Asia-Pacific developing countries – Pakistan
ISLAMABAD: The momentum of economic growth in Asia-Pacific developing countries slowed to 4.6 per cent in 2025 and is projected to drop to 4pc in 2026, as fallout from the Middle East situation weighs on energy prices, supply chains and external demand, due to the conflict in the Middle East, said a new United Nations […]