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  More than 1,600 textile factories in Pakistan have shut down over the last sixteen months, dealing a significant blow to the country’s textile industry, according to Interim Commerce Minister Dr. Gohar Ijaz. The impact of these factory closures extends across the entire value chain of the textile industry, affecting activities from ginning, weaving, spinning, and processing to garment manufacturing. …

The persistent and damaging debt problems affecting a number of developing nations will be a central topic during the upcoming G20 summit in Delhi. These countries are grappling with mounting debt, posing significant challenges to their economic stability. Let’s take a closer look at some of the nations currently facing debt-related issues. Pakistan: Pakistan requires over $22 billion to service …

  Consumers in several parts of the country are facing yet another financial blow as the price of sugar continues to rise unabated. The surge in sugar prices has led to an increase in the costs of sweets, bakery items, and other sugar-based products, leaving many feeling the pinch. In Rawalpindi, for instance, sugar prices have shot up to Rs190 …