Business

Prime Minister Shehbaz Sharif declared that Pakistan's recently concluded program with the International Monetary Fund (IMF) will be its last. Moreover, the government's ability to manage debt levels and create a more robust economy will be crucial in determining whether Pakistan can truly move beyond IMF assistance. In a speech to the nation, Prime Minister Shehbaz Sharif promised that Pakistan's current deal with the International Monetary Fund (IMF) will be the last. He urged the nation to move towards self-reliance and economic stability without depending on foreign bailouts. This announcement comes after the successful completion of a 9-month Stand-By Arrangement with the IMF in April 2024, which provided Pakistan with $3 billion in financial assistance. The program focused on ...

According to recent economic surveys, Pakistan has steadily risen in donkey population. Figures show a jump to 5.9 million donkeys, an increase from just a few years ago. This increase is attributed to the donkeys' role as "beasts of burden," mainly in rural areas. Pakistan's donkey population has risen by 1.72% to 5.9 million in the fiscal year 2023-24, according to the Pakistan Economic Survey (PES) 2023-24. This increase highlights the growing importance of donkeys, especially in rural areas where they are essential for the economy. The PES, launched by Finance Minister Muhammad Aurangzeb, shows a steady increase in donkey numbers over the past few years. However, the populations of horses and mules have remained unchanged at 0.4 million and 0.2 million, respectively, for the las...