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The Ministry of Finance has disclosed new details to the Senate about the substantial increase in Pakistan’s national debt over the past three years. According to the written response, the national debt surged by Rs31.5 trillion during this period. Specifically, in the fiscal year 2021-22, the debt rose by Rs9.4 trillion, followed by an increase of Rs13.7 trillion in 2022-23, …

On Friday, the Pakistan Stock Exchange (PSX) saw a notable rally, with the KSE-100 index rising by approximately 575.92 points, or 0.73%, to reach 78,450.14 during early trading. This upward movement follows a period of significant volatility and a substantial dip earlier in the week. Last Monday, the KSE-100 index experienced a dramatic drop of 1,141 points during intra-day trading, …

On Wednesday, Federal Minister for Planning and Development Ahsan Iqbal inaugurated two significant projects under the Public Sector Development Programme (PSDP) focused on emerging technologies. The projects, named Common Criteria Pakistan and Quantum Communication, were launched with the presence of senior officials from the ministries of defence, information technology and telecom, and planning. Minister Iqbal praised the efforts of the …