6 Posts

economy

Categories

Pakistan’s economy on recovery path amid global tides: Governor SBP

  • 2 min
Governor of the State Bank of Pakistan, Jameel Ahmad, highlighted the government and SBP’s commitment to addressing macroeconomic challenges, leading to substantial improvements in Pakistan’s economy. He credited the turnaround to the government and SBP's resolve and emphasized the importance of fresh perspectives in addressing economic issues. The event also saw recognition of SBP's efforts.
Categories

Afghanistan’s economy has ‘basically collapsed’: UN

  • 4 min
Afghanistan's economy, particularly in earthquake-affected areas, continues to suffer, with 69 percent of Afghans lacking basic resources. Since the Taliban's 2021 takeover, the economy has contracted by 27 percent, causing widespread unemployment and limited access to electricity. The collapse of sectors like finance has left SMEs and farmers as the economy's primary drivers. Concerns were also raised over the severe restrictions on women's rights, including education and employment. The UNDP is supporting microfinance initiatives, yet more substantial investments are needed to stimulate economic growth. Despite the challenges, there is hope in the resilience and efforts of women entrepreneurs and the agency's support to women-led businesses.
Categories

Nawaz Sharif criticises opponents for ruining Pakistan’s economy

  • 2 min
Nawaz Sharif criticized political opponents for damaging Pakistan’s economy. He expressed regret for halted development projects and vowed to bring about prosperity if he comes into power. Sharif also pledged to address economic challenges and improve living conditions, as part of his election campaign ahead of the upcoming general elections.
Categories

COAS vows to ramp up crackdown on illegal activities to boost economy

  • 1 min
In a firm commitment to protect Pakistan's economic interests and enhance security, Chief of Army Staff (COAS) General Syed Asim Munir has announced an intensified effort to combat a wide range of illegal activities. This effort will involve close coordination with law enforcement agencies (LEAs) and government departments.