Pakistan has once again been identified by the World Bank as having one of the weakest tax buoyancies among Emerging Market and Developing Economies (EMDEs), placing it in the bottom quartile.
(more…)Author: Mrs. Anjum Shahnawaz
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World Bank lowers Pakistan’s GDP growth forecast to 2.7%
The World Bank has slightly lowered its GDP growth projection for Pakistan to 2.7% for the fiscal year 2025, down from its earlier forecast of 2.8%.
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PMD forecasts hot and dry conditions across the country
Islamabad, April 23, 2025 – The Pakistan Meteorological Department (PMD) has issued a weather forecast predicting persistently hot and dry conditions throughout the country for the next two days.
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China to train Pakistani astronauts for space mission
In a groundbreaking development for bilateral space cooperation, China has announced it will train two Pakistani astronauts, with one of them set to join a future joint space mission as a payload specialist aboard the Tiangong Space Station.
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IMF cuts Pakistan GDP growth forecast amid global uncertainty
ISLAMABAD: The International Monetary Fund (IMF) has revised its GDP growth forecast for Pakistan, lowering the projection for fiscal year 2025 to 2.6 percent — a 0.4 percent drop from its earlier estimate of 3 percent published in January 2025.
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Dangerous heat grips Karachi for two more days
Karachi, April 22, 2025 – The city of Karachi is bracing for a severe heat over the next two days, as temperatures are expected to soar to dangerous levels.
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Pakistan, UAE Ink Multiple MoUs to Deepen Bilateral Cooperation
Islamabad, April 21, 2025 – Pakistan and the United Arab Emirates (UAE) signed a series of Memoranda of Understanding (MoUs) on Monday, covering key areas such as culture, trade, and consular affairs. These agreements reflect the growing partnership and mutual trust between the two brotherly nations.
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PMD Predicts Rain Showers for Kashmir and Khyber Pakhtunkhwa
Islamabad, April 21, 2025 – The Pakistan Meteorological Department (PMD) has forecasted rain and thunderstorms for various regions, particularly Kashmir and Khyber Pakhtunkhwa, within the next 24 hours.
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NDMA Issues Strong Weather Advisory for Islamabad
Islamabad, April 20, 2025 – The National Disaster Management Authority (NDMA) has issued a strong weather advisory for Islamabad and nearby regions, urging residents to remain alert and take precautionary measures as adverse weather conditions are expected to impact the area within the next 8 to 10 hours.
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Punjab Weather Outlook for April 21, 2025
Lahore, April 20, 2025 – The Pakistan Meteorological Department (PMD) has released its official weather forecast for Punjab on Monday, April 21, 2025, predicting continued dry and hot conditions across most parts of the province.
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