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.
(more…)Category: Pakistan
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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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Unlock Your Baggage Rights When Entering Pakistan
Karachi, April 19, 2025 – The Federal Tax Ombudsman (FTO) has issued a detailed information regarding the rights of passengers traveling to and from Pakistan, particularly concerning duty-free allowances available under the Baggage Rules, 2006.
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Pakistan Breaks Record with March Current Account Surplus
Karachi, April 17, 2025 — In a significant boost to its economic outlook, Pakistan recorded its highest-ever monthly current account surplus in March 2025, signaling improved external sector stability.
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PM Shehbaz Revives Green Channel for Overseas Pakistanis
Islamabad, April 15, 2025 — Prime Minister Shehbaz Sharif has unveiled a comprehensive package of reforms aimed at supporting overseas Pakistanis, announcing the revival of the Green Channel and several new initiatives to streamline services, resolve legal issues, and enhance educational and professional opportunities for expatriate families.
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Pakistan Awaits Major Relief in Petroleum Prices This Week
Islamabad, April 10, 2025 – A wave of anticipation is sweeping across Pakistan as citizens eagerly await a substantial reduction in petroleum prices, following a dramatic decline in global crude oil rates.
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ADB Projects 2.5% GDP Growth for Pakistan in FY25
Islamabad, April 9, 2025 – The Asian Development Bank (ADB) has projected Pakistan Gross Domestic Product (GDP) growth at 2.5% for the fiscal year 2025, attributing the forecast to ongoing tight macroeconomic policies.
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Pakistan Eyes Strategic Openings in US Tariff Shift: Aurangzeb
Islamabad, April 5, 2025 – Finance Minister Muhammad Aurangzeb announced on Saturday that Pakistan is actively seeking opportunities within the recent tariff impositions by the US administration, viewing the move not merely as a challenge but also as a chance to strengthen its global trade presence.
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Pakistan’s Consumer Price Inflation Drops to 0.7% in March 2025
Islamabad, April 3, 2025 – Pakistan’s consumer price inflation has declined significantly, falling below 1% in March 2025, largely due to reduced food prices and lower costs in the housing and transport sectors.
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World Bank Okays $300 Million for Punjab Air Quality Improvement
The World Bank Group Board of Directors has given the green light for a $300 million International Development Association (IDA) loan to support the Punjab Clean Air Program (PCAP).
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