GENEVA: The economy unexpectedly lost pace at the start of the year, as government consumption contracted. GDP increased just 0.1 percent in the first quarter from the previous three months, when it expanded 0.4 percent, the State Secretariat for Economic Affairs in Bern said yesterday.
Private consumption grew 0.7 percent compared with the fourth quarter, the data showed. Government expenditure decreased by 0.8 percent and exports of goods rose by 2.1 percent.
KARACHI: Gold prices surged in both international and domestic markets, with the price of gold rising by $57 per ounce...
ISLAMABAD: Pakistan’s Virtual Assets Regulatory Authority (PVARA) has opened its licensing portal for virtual asset service providers. The move completes...
PESHAWAR: The Khyber Pakhtunkhwa government has approved the Khyber Pakhtunkhwa Promotion of Digital Payment Act 2026, aiming to promote digital...
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb held a meeting with a high-level delegation of the Silk...
