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Kashaf Ali

Govt projects Pakistan economy to grow at 3.94% in FY21

Govt projects Pakistan economy to grow at 3.94% in FY21

  • Estimate comes in stark contrast to earlier projections by the SBP and IMF that see growth between 1.5 and 2.5%
  • National Accounts Committee says recovery to come on back of strong turnaround in industrial sector.
Published 22 May, 2021 12:32am
SBP hopes to boost investment in Pakistan: Raza Baqir
Markets

SBP hopes to boost investment in Pakistan: Raza Baqir

  • As the third wave continues to disrupt economies worldwide, Pakistan’s economy has a lot going on in its favour this time, according to the Dr. Raza Baqir, Governor of the State Bank of Pakistan (SBP) in an online session with Nest I/O.
  • Dr. Raza Baqir explained how the country’s demographic profile, growing mobile penetration rate, and positive economic indicators, especially during the COVID-19 pandemic, have contributed to an increase in investments.
Published 01 May, 2021 10:34am
13 Young Pakistanis Make it to the Forbes 30 Under 30
Pakistan

13 Young Pakistanis Make it to the Forbes 30 Under 30

  • Thirteen young Pakistanis have made it to the Forbes 30 Under 30 list this year.
  • The list includes startup founders and young innovators like Hamza Jawaid, Saad Jangda, Muhammad Owais Qureshi, Zohaib Ali, Iman Jamall, Hasib Malik, Yaseen Khalid, M. Saquib Malik, Nabeel Siddiqui, Misha Japanwala, Abdullah Siddiqui, Shayan Mahmud, and Hannia Zia.
Published 23 Apr, 2021 07:54pm
Startup Investment Rise to $77M in Pakistan
Business & Finance

Startup Investment Rise to $77M in Pakistan

  • Startup investments in Pakistan increased by 97 percent in 2020 as compared to 2019, according to data from MAGNiTT's 'State of Startup Funding - 2021 Emerging Venture Markets' Report.
  • The number of startup deals in Pakistan also went up by 45% this year as opposed to the general downward trend in the MENA region.
Published 21 Jan, 2021 07:27pm