The World Bank is collaborating with the Pakistani government to encourage private sector investment in the country’s power distribution sector, starting with the best-performing distribution companies (Discos). This initiative aims to pave the way for private sector participation in under-performing…

A Chinese business delegation met with President Asif Ali Zardari in Karachi on Thursday and expressed interest in investing $1 billion in a medical city, as well as in diverse sectors of the economy. Pakistan has held strong bilateral relations…

KARACHI – Finance Minister Muhammad Aurangzeb expressed optimism about Pakistan’s economic outlook, projecting that remittances will exceed $35 billion in the current fiscal year 2024-25. He attributed this positive forecast to the government’s prudent economic policies. Speaking at the Overseas…