Pakistan’s debt-to-GDP ratio has experienced a significant decline, reaching its lowest point since June 2018. This positive shift in the country’s economic outlook signals progress in reducing national debt relative to its overall economic output. According to the latest financial data, Pakistan’s gross debt burden has steadily decreased, thanks to a combination of fiscal measures, improved tax revenue collection, and …
Petroleum product prices in Pakistan are expected to rise by Rs5.50 per litre, bringing potential economic consequences for consumers and industries alike. This price hike comes as global oil prices continue to fluctuate, influenced by geopolitical tensions and shifts in global demand. The impending increase, which is anticipated to affect petrol, diesel, and other petroleum products, is a direct result …
The International Cricket Council (ICC) finds itself in a difficult position as the Pakistan Cricket Board (PCB) formally seeks an explanation regarding India’s refusal to tour Pakistan. The PCB raised concerns over the longstanding issue, questioning the ICC’s role in ensuring fair play among member nations, particularly in multi-nation events where neutrality and equal participation are paramount. This request from …
Shaheen Shah Afridi, Pakistan’s dynamic left-arm fast bowler, has regained the No. 1 position in the ICC ODI bowling rankings, marking a significant achievement in his already impressive career. Known for his fiery pace and exceptional wicket-taking ability, Afridi’s recent performances have been pivotal to his rise back to the top, reaffirming his status as one of the world’s premier …
As COP29 progresses, a major sticking point has emerged around climate finance, the vital funding that supports vulnerable countries facing the harshest impacts of climate change. Many nations in the Global South, which have contributed the least to global carbon emissions but face some of the most severe consequences, argue that wealthier countries should commit more resources to fund climate …
