Pakistan’s economy is largely powered by micro and small enterprises. Out of approximately 72 lakh business establishments, 95 per cent employ fewer than 10 people.
A sectoral note by the US credit rating agency says continued tensions may hinder Pakistan's access to foreign funds, putting pressure on its ability to meet external debt payment needs.
Pakistani economists have welcomed the government's decision to fully open the economy to foreign competition by reducing average import tariffs to 7.1% over five years.
36 serving military officers are part of Special Investment Facilitation Council (SIFC), a federal body for economic reforms. These officers draw their salaries from defense budget.
Ikramul Haq, a visiting senior fellow at a think tank, said that the plan’s limited grounding in Pakistan’s existing economic and political landscape risks rendering it another unfulfilled promise.
Pakistan's Punjab govt has tabled legislation that could see rates as high as 45%. Agricultural income tax hikes among measures prescribed to raise revenue under $7bn IMF bailout deal.
Pakistan's internet speeds are significantly slower than global average. Broadband speeds in the country are about 10–20 Mbps while the global average is 60–120.
CEO Naveed Khan was stabbed to death by an employee at the Euro Tech Software House office in Karachi. No salaries had been paid from the head office for the past three months.
Prime Minister KP Sharma Oli’s government is being called ‘Hatyara Sarkar’. Home Minister Ramesh Lekhak has resigned, but the protests continue to intensify.
Gurugram: Stirring a storm in Haryana's real estate circles, the Haryana Shehri Vikas Pradhikaran (HSVP)—the state's urban development agency—has taken on the role of...
In its toughest time in decades because of floods, Punjab would’ve expected PM Modi to visit. If he has the time for a Bihar tour, why not a short visit to next-door Punjab?
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