Massive floods in Pakistan have struck both the rural heartland and industrial centres for the first time in decades, causing billions of dollars in damage while straining food supplies, exports and a fragile economic recovery. The government had been optimistic about 2026, pencilling in 4.2% growth on the back of a rebound in farming and manufacturing after the economy was stabilised under a $
The Pakistan Stock Exchange (PSX) has marked a significant milestone, closing at an all-time high of 158,037 points, reflecting a week-on-week gain of 2.3 per cent. This performance, achieved largely through institutional buying, signals strong investor confidence. Despite a challenging economic backdrop, including the ongoing floods and a decline in foreign direct investment (FDI), liquidity c
Pakistan has a fiscal problem, and the problem cannot be fixed by increasing tax rates. We have reached the point of the cycle where increasing tax rates is counter-intuitive, catalyses an informal economy, and discourages the formation of capital and economic activity within the formal realm. Pakistan has one of the highest corporate tax rates in the world while also having one of the highest
The growth of the agriculture sector largely depends on crop yield improvements, which are influenced by several factors. Among these, the nationwide availability of, and farmers’ access to high-yielding, climate-resilient seeds stands out as the most critical determinant of yield, assuming all other conditions remain constant. History bears this out. The real driving force behind the Green Rev
Venture capital is starting to trickle back into Pakistan. In the latest round, Mobility startup BusCaro raised $2 million last week, bringing its total funding to $3.5m. The round was led by UAE-based Daman Investments, with participation from US/Saudi Cartography Capital, New York’s Epic Angest, UK’s Wahed Ventures, the Aga Khan Development Network’s Accelerate Prosperity, and a mix of angel