Losses of SOEs drop by around Rs74b in 3 years: Aurangzeb
Finance Minister Muhammad Aurangzeb has said that the losses of state owned enterprises (SOEs) have decreased by about seventy-four billion rupees over the last three years. In a televised message, he highlighted the downward trend in SOE losses, noting that they were 905 billion rupees in 2023, 851 billion rupees in…
PM seeks Austrian investment in Pakistan’s key economic sectors
Prime Minister Shehbaz Sharif has invited Austrian companies to explore areas of mutual cooperation with their Pakistani counterparts in diverse sectors, including agriculture, food processing, leather, textile, and engineering. He was addressing the Pakistan-Austria Business Forum in Vienna today. The Prime Minister said Austria with its world-class expertise in engineering, renewable…
PM invites Austrian businesses to expand investments in Pakistan
Prime Minister has invited the Austrian businesses and companies to expand their investments in Pakistan, particularly in the priority sectors for win-win partnerships between the private sectors of both countries. He was co-chairing a forum of CEOs of renowned Austrian and Pakistani companies, along with Federal Chancellor of Austria Christian Stocker,…
LUMS and American Business Forum Host High-Level Policy Dialogue on Pakistan’s Economic Future
At a time when Pakistan stands at a critical economic crossroads, Lahore University of Management Sciences (LUMS) and the American Business Forum (ABF) jointly organised a high-level policy dialogue in Islamabad aimed at developing a robust and sustainable roadmap for Pakistan’s economic growth and stability.Titled “Reset: Re-imagining Reform, Growth and Competitiveness,”…
Governor SBP calls for scaling up Zarkheze to expand agricultural credit outreach
The State Bank of Pakistan (SBP) held the meeting of the Agricultural Credit Advisory Committee (ACAC) today in Karachi to review agricultural credit performance and discuss measures for strengthening inclusive and resilient agricultural finance. In his address, Governor SBP, Mr. Jameel Ahmad noted that Pakistan’s economy has regained macroeconomic stability and…
SBP Releases Monetary Policy Report
As part of continuing efforts to improve its communications with external stakeholders and to bring more transparency to monetary policy decision-making, the State Bank of Pakistan (SBP) released its bi-annual Monetary Policy Report (MPR) today. The report reviews macroeconomic developments and outlook that guided the Monetary Policy Committee’s (MPC) decisions since…
