Pakistan’s auto industry hits a snag: Will policy choices drive growth or decline?
By Khawar Azhar Pakistan’s automobile industry is standing at one of the most decisive moments in its 40-year history. What began in the 1980s with Pak Suzuki’s basic 800cc CKD assemblies gradually evolved into a full-fledged manufacturing ecosystem — one that supports millions of livelihoods and billions of dollars in investment. But today, that same […]
Bilal bin Saqib resigns as PM’s aide on crypto
Bilal bin Saqib, the CEO of the Pakistan Crypto Council, has stepped down from his role as the Prime Minister’s special assistant on blockchain and cryptocurrency. According to media reports, Bilal will continue to serve as the chairman of the Pakistan Virtual Assets Regulatory Authority. The cabinet division issued a notification dated October 13, confirming […]
Pakistan receives $1.2 billion from IMF
The State Bank of Pakistan (SBP) on Thursday received $1.2 billion from the International Monetary Fund (IMF) as the global lender approved the review of the country’s loan programme. The central bank, in a statement, said that the Fund’s Executive Board had completed the second review of the Extended Fund Facility (EFF) and the first […]
Pakistan accepts 23 IMF conditions covering energy, finance, and currency
Pakistan has accepted 23 stipulations put forth by the International Monetary Fund (IMF) that pertain to energy, finance, social, structural, monetary, and currency issues as part of the loan agreement. The IMF report indicates that Pakistan and the Fund have come to an agreement to reduce development projects. Among the stipulations are an increase of […]