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In June 2023, the Pakistani government unveiled a "Economic Revival Plan" according to which, plans on investments in key areas of production such as on agriculture, mining, Information Technology, defence and the energy sector were discussed. [41] PM Shehbaz Sharif also lauded China for assisting his country in the current economic crisis. [42]
The Pakistan Economic Survey is an annual report on the performance of the economy, focusing in particular on major macroeconomic indicators. Finance Minister Shaukat Tarin briefed on 10 June 2021, the Pakistan Economic Survey 2020-21 at a press conference in Islamabad on Thursday, revealing that the industrial and services sectors had helped the economy rebound and post GDP growth of 3.94 per ...
Following Coronavirus in 2020 foreign investment in domestic bonds "left the country", [5] while in June 2023 FDI fell to a twelve-year low. [6] The establishment of the SIFC is seen as a response to the requirement for economic revitalization during Pakistan's economic crisis, specifically addressing the obstacles posed by bureaucratic red tape and intricate regulations that act as deterrents ...
While the economy is cooling from the torrid pace of the pandemic, fueled by fiscal and monetary stimulus, real gross domestic product (GDP) per capita still expanded by 2.1% in the third quarter ...
Also on the docket is a first look at third-quarter economic growth, expected to come in at a strong 3% annual rate, and an updated estimate of how many job openings there are for every job seeker ...
On 10 June 2024, the National Economic Council (NEC) decided to continue funding ongoing provincial projects and constituency-based schemes, while approving a 47 percent increase in the federal Public Sector Development Programme to Rs 1.4 trillion. [10] The NEC also approved the economic growth target of 3.6 percent. [11]
PTV News is a cable and satellite news channel launched in the face of tough international competition. Its objective is providing updated news round the clock and informs its viewers across the country on the latest newsworthy happenings on the national and international levels. The tagline is "Truth with Responsibility".
The economy of Pakistan is categorized as a developing economy. It ranks as the 24th-largest based on GDP using purchasing power parity (PPP) and the 46th largest in terms of nominal GDP. With a population of 241.5 million people as of 2023, Pakistan's position at per capita income ranks 161st by GDP (nominal) and 138th by GDP (PPP) according ...