Trade & Economy

  Pakistan’s total export volume is estimated at around $25 billion per annum, which is mainly consists of cotton and textile products while the global economic slow down has also an impact on the exports which are being witnessed on a decline. However, apart from external factors some of the major issues including energy shortages, such as gas and frequent loadshedding and of course the high tariff rates are some …

  Presently, India-Pakistan official bilateral trade accounts for only one percent of their respective global trade because of restrictions on the types of goods that can be traded revenue and will be the future takings of economic progress of both the countries. This restriction on traded goods has forced both countries to rely on trade with far off countries for important raw materials, which is leading to high transportation costs. …

  Punjab soon to be transformed into a prosperous province Spending spree on Lahore infrastructure during the last few years has placed the city at par with growth-triggering cities of the world. Fast building of transport, industries and state-of-art business centers are the further evidence of city’s modernization. The City of Lahore is emerging fast both as a trading hub because of the huge potential the Wagah border offers and …

Pakistan will achieve seven percent growth rate by 2017-18 with aspiration to bring the investment to GDP ratio to 22 percent in the next three years as private sector will be encouraged to play its part in the development of the country. The World Bank expects Pakistan’s fiscal deficit to decline to 3.5 percent of the Gross Domestic Products (GDP) in financial year 2017 in a latest report unveiled. It …