A group of development banks plans to invest at least 3 billion euros ($3.4 billion) by the end of the decade in tackling plastic pollution in the sea, expanding the scope and financial firepower of what remains the world’s biggest effort to fix the growing problem. The UN estimates that, on current trends, plastic waste […]
A Pakistani parliamentary delegation, led by Bilawal Bhutto Zardari, met with British think tanks and policymakers at Chatham House in London on Monday. Chatham House is the UK’s leading think tank, focusing on foreign and security policy issues. Bilawal and other members of the delegation presented Pakistan’s perspective on the recent tensions in South Asia, […]
More than one million Pakistanis left the country for overseas employment during the current fiscal year, according to the Economic Survey 2024-25. The report highlights labor migration trends across the provinces and regions, with Punjab leading the way by a significant margin. A total of 404,345 individuals from Punjab went abroad for work, making it […]
Pakistan’s Information Technology (IT) sector has been declared one of the fastest-growing segments of the national economy, according to the National Economic Survey 2024-25 released on Monday. The report highlights an impressive 23.7% growth in IT exports, which surged to $2.825 billion during the fiscal year. In March 2025 alone, IT exports reached $342 million, […]
ISLAMABAD: Pakistan’s health expenditure remains alarmingly low, accounting for less than one percent of the country’s Gross Domestic Product (GDP), according to the Economic Survey 2024-25 released on Monday. The report reveals that the total allocation for health during the current fiscal year stood at Rs. 925 billion, highlighting persistent underinvestment in the sector despite […]
Pakistan’s economy is stabilising following key structural reforms, Finance Minister Muhammad Aurangzeb said Monday while presenting the Economic Survey for FY2024–25, projecting FY26 as a potential “turnaround year.” Aurangzeb outlined improvements in fiscal, monetary, and governance sectors, highlighting reforms in taxation, debt management, and the energy sector that have helped the government steer away from […]
The country has witnessed an increase in electricity generation installed capacity during the ongoing financial year 2024-25, placing an additional burden on consumers. The capacity payments have been a result of an increase in electricity generation installed capacity, which touched 46000 MW. The consumers have been paying Rs 2.5 to Rs 2.8 trillion every year, […]
In a move that has drawn criticism from religious leaders and advocates of interfaith harmony, the Indian government has barred Sikh pilgrims from traveling to Pakistan to participate in the annual martyrdom anniversary of Guru Arjan Dev Ji, the fifth Sikh Guru. Despite this restriction, Pakistan’s Evacuee Trust Property Board (ETPB) and the Pakistan Sikh […]
Portugal clinched their second UEFA Nations League title on Sunday night, defeating reigning champions Spain 5–3 on penalties after a dramatic 2–2 draw in extra time. Cristiano Ronaldo, who scored his 138th international goal, played a key role in the final before injury forced him off late in the match. The contest at the Allianz […]
Pakistan will unveil its Economic Survey 2024–25 on Monday (today), a key pre-budget document assessing the country’s economic performance and policy priorities. The survey will be presented by Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, according to a statement by the Ministry of Finance. Serving as an annual stocktake, the Economic Survey outlines […]