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Pakistan’s Rice Exports to Surge: USDA Forecasts $1 Billion Increase The agricultural landscape in Pakistan is poised for a significant boost as the US Department of Agriculture (USDA) projects a remarkable 40% surge in rice exports for the current fiscal year, amounting to 4.8 million tons. This projection not only signifies a substantial increase in rice exports but also suggests …

World Bank Recommends Further Taxation on Salaried Class in Pakistan The World Bank has recently made a series of recommendations to the Pakistani government aimed at restoring fiscal sustainability in the country. Among these recommendations are proposals to tax monthly salaries below Rs50,000 and reduce the income threshold for charging the highest income tax rate of 35% for salaried individuals. …

In a recent report by the Asian Development Bank (ADB), Pakistan’s economic outlook appears increasingly challenging as it stands out as an outlier in Asia. The report predicts that Pakistan will experience the highest inflation rate while having the fourth lowest economic growth rate among all 46 economies in the region. The Asia Development Outlook, the flagship publication of ADB, …