The air crackles with more than just the summer heat these days. The recent escalation of tensions between Pakistan and India, while seemingly contained for now, casts a long shadow over the daily lives and, crucially, the livelihoods of local Pakistani businesses. It’s a ripple effect that extends far beyond the border, impacting everything from...
Category: Economy
Game-Changer: Binance Founder CZ Joins Pakistan’s Crypto Council to Promote Digital Currency
In a game-changing move for Pakistan’s digital finance landscape, Binance founder Changpeng Zhao (CZ) has officially joined the Pakistan Crypto Council as a Strategic Advisor. With this historic appointment, Pakistan is signaling its commitment to embracing digital currency, blockchain innovation, and a Web3-powered future. CZ’s involvement is not just symbolic — it reflects a bold...
US Tariffs on Pakistan: How the 29% Hike is Impacting Local Businesses and Exports
US tariffs have created a serious challenge for Pakistan’s export industries, with a steep 29% hike affecting key sectors like textiles, leather, salt, and steel. The United States recently imposed a 29% tariff on a wide range of Pakistani goods—including textiles, surgical instruments, rice, cement, and more. This move is part of a broader strategy...
Etsy Officially Launches in Pakistan! A Game-Changer for Local Businesses and the Economy
In a landmark move that promises to reshape Pakistan’s e-commerce landscape, Etsy, the global online marketplace renowned for its focus on handmade and vintage items, has officially launched in Pakistan! This exciting development opens up a world of opportunities for Pakistani artisans, crafters, and entrepreneurs, providing them with a direct gateway to a global customer...
Can the IMF Program Rescue Pakistan’s Economy?
The Economic Crisis and IMF Program in Pakistan is a complex and multifaceted issue with significant implications for the country’s future. Here’s a breakdown of the key aspects: Background: Key Components of the IMF Program: Potential Impacts: Challenges and Concerns: It’s important to note that the success of the IMF program depends on a...
Massive Gold Discovery in Attock: A Golden Opportunity for Pakistan’s Economy
The province of Punjab, Pakistan, recently made a groundbreaking announcement that could change the country’s economic landscape. Gold reserves valued at an estimated Rs. 700 billion have been discovered in Attock, igniting hope for a new chapter of prosperity. Details of the Discovery The Punjab government has revealed that the reserves contain approximately 28 million...
How SIFC Can help Pakistan’s struggling economy
To help Pakistan’s struggling economy, the government launched the Special Investment Facilitation Council (SIFC). This program aims to attract investments from both local and foreign sources by solving problems like complicated procedures and delays. The SIFC provides a simple “single-window” system, bringing together civilian and military leadership to make quick decisions and effectively implement plans....