Pakistan's Ministry of Finance has acknowledged that the Special Investment Facilitation Council (SIFC) lacks institutionalised transparency, an omission the International Monetary Fund (IMF) warns could further damage investor confidence and weaken policy stability.
Pakistan's industrial base, once viewed as the country's main driver of sustainable economic growth, is rapidly losing steam. The large-scale manufacturing (LSM) sector continues to show alarming signs of stagnation despite government claims of economic stabilisation and improved global ties
Pakistan's inflation surged to 4.1 per cent in July, driven primarily by rising costs of non-perishable food items and the Pakistani government-administered increases in energy tariffs, The Express Tribune reported. While still within the country's Finance Ministry's projected range of 3.5 p