New Delhi, July 27 (IANS) Pakistan is facing renewed pressure over its continued access to the European Union’s Generalised Scheme of Preferences Plus (GSP+) trade benefits, with the latest monitoring report raising serious concerns over the country’s human rights record, governance standards and implementation of international commitments, according to a report.A report published in Business Recorder flagged persistent issues relating to the rule of law, freedom of expression, enforced disappea…
Latest Business Recorder News & Updates
New Delhi, July 23 (IANS) Pakistan’s inability to translate massive infrastructure investments under the China-Pakistan Economic Corridor (CPEC) into sustained industrial growth and economic competitiveness has emerged as the project’s biggest shortcoming, according to a new analysis.The report cited by Business Recorder argues that the debate surrounding CPEC has become polarized, with one side describing it as a transformational success that modernised Pakistan’s infrastructure and the other b…
New Delhi, July 1 (IANS) Regional instability and geopolitical uncertainty continue to weigh on Pakistan’s financial markets and investment climate, with foreign direct investment (FDI), bond inflows and foreign participation in equities declining during FY26, a report has said.According to an analysis by Asia News Network (ANN), lingering uncertainty over tensions in the Gulf region has kept foreign investors cautious despite the recent pause in hostilities and improvements in Pakistan’s foreig…
New Delhi, June 26 (IANS) Pakistan’s central government debt has climbed to a record Rs 81.93 trillion after rising by Rs 1.4 trillion in April alone, underscoring mounting fiscal pressures and the country’s continued dependence on borrowing to finance its expenditure, according to a report.The report published in Business Recorder said the latest debt figures reflect deep-rooted structural weaknesses in Pakistan’s public finances despite repeated warnings over fiscal sustainability and rising d…
Islamabad, June 4 (IANS) Pakistan needs to raise its education spending to international levels – at least four-six per cent of Gross Domestic Product (GDP) – as suggested by the United Nations Educational, Scientific and Cultural Organisation (UNSESCO) and United Nations International Children’s Emergency Fund (UNICEF), a report has stated. Pakistan’s literacy rate is 60 per cent while male literacy stood at 68 per cent and female literacy is at 52 per cent. The literacy rate in Pakistan is hig…
New Delhi, May 24 (IANS) Pakistan’s rising food import bill is emerging as a major threat to the country’s fiscal stability and economic resilience, exposing deep structural weaknesses in its agricultural and governance systems, a report has said. Latest trade data for the first 10 months of FY2025-26 showed that Pakistan’s food imports surged by 13.81 per cent to $7.848 billion, while exports of raw food products declined by more than 32 percent to $4.19 billion, according to the Business…
New Delhi, May 20 (IANS) Pakistan’s telecom sector is facing investment pressure amid a high tax burden that is impacting its capacity to expand and upgrade digital infrastructure, a report has said.A report published in Business Recorder highlighted that the federal budget approaches and questions are being raised over whether current taxation policy is aligned with Pakistan’s ambition to build a competitive and inclusive digital economy.The telecom sector, which underpins financial inclusi…
Islamabad, May 17 (IANS) Dozens of lawmakers in Pakistan are sitting in the National and provincial assemblies while the validity of their elections is still in question, as the election tribunal was not able to provide a resolution to petitions on time, according to a report in the Pakistani media.The election tribunals were established to give an impartial resolution of electoral disputes in a timely manner.”The Elections Act clearly requires tribunals to decide petitions within 180 days. Yet,…
New Delhi, May 13 (IANS) Taxation, exports and energy reforms continue to remain Pakistan’s weakest economic areas due to poor implementation, policy inconsistency and entrenched institutional constraints, a report has said.The report published in Business Recorder showed that Pakistan have repeatedly failed to implement reforms in a sustained and consistent manner, resulting in low growth, weak exports and continued dependence on external financing support.The country’s export sector reflec…
New Delhi, May 10 (IANS) As Pakistan prepares for the national budget for fiscal year 2026-27, business chambers and industry stakeholders are once again pushing for structural tax reforms, arguing that the country can no longer rely on short-term taxation measures and annual fiscal adjustments to revive economic growth and investor confidence, a report has said.Among the key voices is the Overseas Investors Chamber of Commerce and Industry (OICCI), which has submitted a fresh set of taxation pr…