To mitigate the impact of the tariff war sparked by US President Donald Trump, address uncertainty over tariffs on Pakistan’s exports to the US, and contain the trade deficit, the government must prioritise economic diplomacy and enhance the competitiveness of the export sector. Donald Trump imposed a new 25 per cent tariff on imports from Mexico and Canada, along with a broad 10pc tariff on al
Despite contributing just 0.9 per cent to global greenhouse gas emissions, Pakistan ranks among the top five most vulnerable nations to climate change. The country is already experiencing the devastating impacts of climate change, including erratic rainfall, glacial melt, increased frequency of vector-borne diseases, and extreme weather events. The catastrophic floods of 2022 alone resulted in
The currency in circulation in Pakistan is over Rs9.4 trillion as of 2025 and has been hovering in this range for the last two years. Relative to broad money, currency in circulation is in the range of 26-27 per cent. Currency in circulation can be defined as the currency notes and coins held by the public, effectively existing outside the banking system. Broad money includes currency in circul
While the creation of a “Strategic Bitcoin Reserve” in the United States is proof of President Donald Trump’s support for the cryptocurrency sector, there are misgivings about the move, with some blaming the US government for not returning bitcoin to all victims identified as suffering from a hack. Trump signed an executive order earlier this month establishing the reserve that White House cryp
Given the prolonged sluggish or negative industrial growth and low tax-to-GDP ratio, policymakers and relevant institutions are taking a more concerted and integrated approach to promote small and medium enterprises (SMEs) and encourage them to enter the formal sector. The Small and Medium Enterprises Authority (Smeda) recently held a consultative session with various stakeholders from the text