IMF Projects Faster Economic Growth for Pakistan

In a recent development that brings hope and optimism to Pakistan’s economic landscape, the International Monetary Fund (IMF) has projected faster economic growth for the country. Despite facing various macroeconomic challenges, Pakistan is set to experience a positive economic upturn in the coming years. The IMF’s latest World Economic Outlook for October, released on Tuesday, […]

Pakistan is World’s Second-Best Stock Market as Key Index Rises

In a significant turn of events, Pakistan’s financial market has witnessed a remarkable surge, with the KSE-100 index achieving its highest level in six years. Closing at an impressive 49,493 points, this surge of 2,000 points within a single week has sparked excitement and optimism within the market. The peak of the KSE-100 index during […]

Pakistani Rupee Surges to Become the World’s Top-Performing Currency

In a surprising turn of events, the Pakistani Rupee has emerged as the world’s best-performing currency for September, outshining all major contenders. With a remarkable seven-week high against the US dollar, the rupee’s performance has been nothing short of impressive. On the seventeenth successive working day of its upward trajectory, the rupee closed at an […]

China, Pakistan Sign $7 Billion ML-1 Railway Deal

China and Pakistan reached an agreement to enhance cooperation within Beijing’s Belt and Road Initiative. They finalized a significant, long-awaited deal to undertake a multi-billion-dollar railway project in the South Asian nation.   The Chinese Premier, Li Qiang, and his Pakistani counterpart, Anwar-ul-Haq Kakar, engaged in bilateral discussions during the Beijing-hosted Belt and Road Forum. […]