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Asaan Karobar Finance and Card launches by Maryam Nawaz to Boost Economic Growth

  On January 16, 2025, Punjab's Chief Minister Maryam Nawaz launched the transformative Asaan Karobar Finance and Asaan Karobar Card initiatives, aimed at empowering entrepreneurs and fostering the growth of small and medium-sized enterprises (SMEs) in Pakistan. In her speech at the launch ceremony, CM Maryam Nawaz emphasized the government’s dedication to revitalizing the country's…

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Oil Prices fell Trump’s Pressure on OPEC :and its impact

  Oil prices experienced a significant dip, falling more than 1%, following U.S. President Donald Trump’s statements at the World Economic Forum in Davos, Switzerland. Trump’s demand for Saudi Arabia and OPEC to reduce oil prices, coupled with looming uncertainties around global trade policies, has sent ripples through the energy markets. The Current Oil Market…

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Finance Minister Urges Japanese Investors to Explore Opportunities in Pakistan

  In a pivotal meeting held at the Finance Division on January 16, 2025, Pakistan’s Federal Minister for Finance and Revenue, Muhammad Aurangzeb, engaged in discussions with the Japanese Ambassador to Pakistan, Akamatsu Shuichi. The meeting Iunderscored the strengthening of economic ties between the two nations and highlighted Pakistan’s openness to foreign investment, particularly from…

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UK and Gulf Countries Partner to Launch 280 Skills Centers in Pakistan

In a groundbreaking initiative aimed at boosting skill development and creating employment opportunities for millions of Pakistanis, the Governments of the United Kingdom and several Gulf nations are set to establish 280 skill centers across Pakistan. This ambitious project is poised to have a transformative impact on Pakistan's workforce by providing the necessary training and…

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Uraan Pakistan: A Bold Vision to Revolutionize Pakistan’s Economy and Create 5 Million Jobs

Prime Minister Shehbaz Sharif recently unveiled "Uraan Pakistan," a groundbreaking five-year economic plan designed to propel Pakistan toward sustainable and inclusive growth. Spanning from 2024 to 2029, this initiative—dubbed the "Home-Grown National Economic Transformation Plan"—seeks to redefine Pakistan's economic landscape through a strategic focus on innovation, resilience, and global competitiveness. A Vision for Economic Transformation…

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From Crisis to Opportunity: Pakistan’s Strategy for Labour Migration and Economic Growth

Pakistan's Economic Woes Deepen: A Call for Lab our Migration and Skill Development Reform Pakistan stands at the crossroads of an economic crisis, grappling with the dual pressures of a domestic slowdown and tightening international job markets. The IMF's stringent stabilization measures, including subsidy cuts and higher taxes, have further strained economic growth, leading to…

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FBR Missed Its November 2024 Tax Collection Target

Pakistan's Tax Collection Challenges: November 2024 in Focus The Federal Board of Revenue (FBR) is under immense scrutiny as it grapples with a significant shortfall in tax collections for November 2024. Despite rigorous tax policies, the gap between targets and actual revenues is widening, threatening the country's fiscal stability and raising concerns about potential corrective…

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