ISLAMABAD: Pakistan’s economy is set to expand 2.7% in the fiscal year ending June 2025, up from 2.5% last year, though concerns over inflated industrial figures and a weak agricultural sector cloud the outlook, the government’s economic survey showed on Monday.
Technology
Pakistan’s economy seen growing 2.7pc, survey set for unveiling today
ISLAMABAD: Pakistan’s economy is expected to have grown by 2.7% in the fiscal year 2024-25, preliminary figures signal on Monday, with the official Economic Survey set to be unveiled later today by Finance Minister Muhammad Aurangzeb.
Crypto minister Saqib meets US digital assets chief at White House
ISLAMABAD: Minister of State for Crypto & Blockchain, Bilal Bin Saqib, met Robert “Bo” Hines, Executive Director of US President Donald Trump’s Council on Digital Assets, at the White House on Wednesday to hash out a strategic alignment on digital assets, a government statement said on Wednesday.
Pakistan to tax cash transactions in bold push for digital economy
ISLAMABAD: Pakistan is set to launch a sweeping initiative in its upcoming budget to discourage cash usage and propel the nation toward a digital economy, targeting the fuel sector as its starting point, Dawn newspaper reported on Monday.
Pakistan Crypto Council set to draft rules amid active transaction ban
ISLAMABAD: The government-backed crypto body will meet next week to draft regulations for digital assets, a push to integrate the technology that clashes with an active ban on cryptocurrency transactions and central bank skepticism.
Pakistan unveils first government-led strategic bitcoin reserve
ISLAMABAD: Minister for Crypto and Blockchain, Bilal Bin Saqib, unveiled the country’s first government-led strategic bitcoin reserve at Bitcoin Vegas 2025, signaling the country’s entry into the global digital finance landscape
Bilal Bin Saqib named blockchain adviser to PM Shehbaz
ISLAMABAD: Prime Minister Shehbaz Sharif has tapped Bilal Bin Saqib, the chief executive officer of the Pakistan Crypto Council (PCC), as his special assistant on blockchain and cryptocurrency, granting him the status of a minister of state.
Pakistan allocates 2,000MW to power Bitcoin mining, AI data centers
ISLAMABAD: Pakistan has allocated 2,000 megawatts of electricity to power Bitcoin mining and artificial intelligence data centers, marking a significant step in its bid to position itself as a global digital hub.
Pakistan plans US firms mining concessions to sidestep looming tariffs
ISLAMABAD: Pakistan is offering mining concessions to US companies as it negotiates with Washington to sidestep steep tariffs, Reuters reported on Friday.
Multinationals press for 17 percent GST to reverse sales slump
ISLAMABAD: Multinational companies in Pakistan are pushing the government to slash taxes and overhaul fiscal policies they blame for eroding profits, with sales declines of up to 30 percent across industries.