FAISALABAD, Feb 02 (APP):Pakistan Muslim League-Nawaz Chief Organizer and Senior Vice President Maryam Nawaz urged people on Friday to vote the PMLN to power to put Pakistan on the growth trajectory. During a public meeting at historical Dhobi Ghat ground (Iqbal Park) here, she said she was surprised by the massive gathering, adding that huge… Continue reading Vote PMLN to power for country’s development: Maryam
Tag: growth
Vice President PBF for need of 5pc annual agricultural growth through AI
Vice President NBF for need of 5pc annual agricultural growth through AI
Caretaker govt introducing ‘Contract Base Smartphones Policy’ from Jan 15: Minister
ISLAMABAD, Dec 29 (APP):Caretaker IT and Telecommunication Minister Dr Umar Saif Friday disclosed that his ministry with the coordination of all other stakeholders of telecom companies from January 15, 2024 will launch a ‘Contract based smart phone policy’ in which people travelling to other countries will get latest model phones on easy installments, which will… Continue reading Caretaker govt introducing ‘Contract Base Smartphones Policy’ from Jan 15: Minister
Forests preservation, growth mandatory to mitigate climate change impacts
Forests preservation, growth mandatory to mitigate climate change impacts
Significant growth witnessed in Tax, IT, agriculture sectors
Significant growth witnessed in Tax, IT, agriculture sectors
Floods push economic growth below budgeted target: Economic Outlook
ISLAMABAD, Dec 30 (APP):The economic growth for the fiscal year 2022-23 is likely to remain below the budgeted target due to devastation created by floods, finance ministry said in a recent report released here Friday. “This combination of low growth, high inflation and low levels of official reserves is particularly challenging for policy makers,” says… Continue reading Floods push economic growth below budgeted target: Economic Outlook
LSM grows by 6.7% in 10 months
ISLAMABAD, Jun 16 (APP):The Large Scale Manufacturing Industries (LSMI) production for the old base-year 2005-06, grew by 6.7% during the first 10 months of the current fiscal year (2021-22) as compared to the corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported Thursday. The LSMI Quantum Index Number (QIM) was recorded at 160.1… Continue reading LSM grows by 6.7% in 10 months
Large industry grows 7% in 3 quarters, 26.9% in March 2022
ISLAMABAD, May 13 (APP): The Large Scale Manufacturing Industries (LSMI) production grew by 7 percent during the first three quarters of the current fiscal year (2021-22) as compared to the corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported Friday. The LSMI Quantum Index Number (QIM) was recorded at 161.2 points during July-March… Continue reading Large industry grows 7% in 3 quarters, 26.9% in March 2022
Pakistan’s growth incomplete without labourers progress: Bilawal
LAHORE, May 01 (APP): Chairman Pakistan People’s Party Minister for Foreign Affairs Bilawal Bhutto Zardari has said that the growth of country would remain incomplete without changing the life of labourers. In his message on the International Labour Day issued here on Sunday, he said that the PPP always remained on front for the rights… Continue reading Pakistan’s growth incomplete without labourers progress: Bilawal
Amid swaying situation, economy sticks to growth path
Ashraf Wani & Shams-ur-Rehman ISLAMABAD, Mar 27 (APP): Amid the current swaying political situation at home and challenges faced at external front, one thing that is certainly encouraging is the growth of economy as demonstrated by positive progress of various economic indicators, owing to prudent policies introduced by the incumbent government. The indicators, including large-scale… Continue reading Amid swaying situation, economy sticks to growth path
LSM grows 3.26% in 5 months
ISLAMABAD, Jan 21 (APP): Pakistan’s Large Scale Manufacturing Industries (LSMI) production grew by 3.26 percent during the first five months of the current fiscal year (FY22) compared to the corresponding period of last year, the Pakistan Bureau of Statistics (PBS) reported Friday. As per details, the highest increase of 4.72 percent during July-November FY22 was… Continue reading LSM grows 3.26% in 5 months
Pakistan’s GDP size expands to $346.76 bn in FY21 showing growth of 5.37%
The National Accounts Committee (NAC) Thursday approved the revised figures of Pakistan’s Gross Domestic Product (GDP) growth rate of 5.37% against the provisional numbers of 3.9% for the fiscal year 2020-21 (FY21). According to the final numbers approved by the committee, the per capita increased to Rs 266,614 or US$ 1,666 in 2020-21 while the… Continue reading Pakistan’s GDP size expands to $346.76 bn in FY21 showing growth of 5.37%
National economy on growth trajectory due to prudent policies: Aliya
ISLAMABAD, Jan 12 (APP): PTI Member National Assembly (MNA) Aliya Hamza Wednesday said the national economy was on the growth trajectory due to prudent economic policies introduced by the government. Participating in the National Assembly debate on Finance (Supplementary) Bill-2021, she said the country’s economy made a significant progress that was evident from the fact… Continue reading National economy on growth trajectory due to prudent policies: Aliya
ADB revises developing Asia growth outlook down slightly to 7.0% in 2021, 5.3% in 2022
ISLAMABAD, Dec 13 (APP): The Asian Development Bank (ADB) revised its economic growth outlook for developing Asia down slightly to 7.0% this year and 5.3% next year, after renewed outbreaks of coronavirus disease (COVID-19) led to slower growth in the third quarter. ADB’s latest estimates, presented in a regular supplement of the Asian Development Outlook… Continue reading ADB revises developing Asia growth outlook down slightly to 7.0% in 2021, 5.3% in 2022
Govt working on export-based growth: Farrukh
ISLAMABAD, Oct 05 (APP): Minister of State for Information and Broadcasting Farrukh Habib said on Tuesday that Prime Minister Imran Khan had special focus on exports and the government was working on increase in production and export-based growth. Exports reached 7.7 billion in first quarter of 2021-22 which were $5.47 billion in the first quarter… Continue reading Govt working on export-based growth: Farrukh
ADB projects Pakistan’s economy to grow by 4pc, inflation at 7.5% in FY22
Pakistan’s economic growth rebounded to 3.9% in fiscal year (FY) 2021 (ending 30 June 2021) and is expected to reach 4.0% in FY2022 as business activity gradually resumes in the second year of the coronavirus disease (COVID-19) pandemic, the Asian Development Bank (ADB) said in a report on Wednesday. According to the Asian Development Outlook… Continue reading ADB projects Pakistan’s economy to grow by 4pc, inflation at 7.5% in FY22
Pakistan moving towards sustainable, inclusive growth: Tarin
ISLAMABAD, Jun 26 (APP): Minister for Finance Shaukat Tarin Saturday said after implementing short term and medium term structural reforms in the country’s economy, Pakistan was now moving towards sustainable and inclusive growth. We are on road to just have a comprehensive economic road map which we will follow and Prime Minister Imran Khan is… Continue reading Pakistan moving towards sustainable, inclusive growth: Tarin
Shibli for market based applied research for sustainable economic growth
PESHAWAR, Jun 02 (APP):Federal Minister for Science and Technology, Syed Shibli Faraz here Tuesday said the government accorded highest priorities to promote science and technology and directed Pakistan Council of Scientific and Industrial Research (PCSIR) to focus on the markets based applied research for sustainable economic growth, industrial development and socio-economic benefits of people. Addressing… Continue reading Shibli for market based applied research for sustainable economic growth
Third wave of Covid-19 poses challenge to growing economy of Pakistan
ISLAMABAD, May 4 (APP):Owing to timely and prudent policies of the government, the country’s economy has been showing signs of recovery, with construction and manufacturing sectors in lead, however the economic revival had once again been pitched against the stronger than ever third wave of COVID-19, official sources said. The economy had registered positive signs… Continue reading Third wave of Covid-19 poses challenge to growing economy of Pakistan
Country earns $231.238 mln by exporting 458,104 metric tons rice in November
ISLAMABAD, Dec 22 (APP): Rice exports from the country during month of November 2020 registered about 14.44 percent growth as compared to the exports of the corresponding month of last year. During month of November, 2020, country earned $231.238 million by exporting about 458,104 metric tons of rice as against the exports of 452,010 metric… Continue reading Country earns $231.238 mln by exporting 458,104 metric tons rice in November
