Pakistan

Pakistan, officially know as Islamic Republic of Pakistan is an Islamic state situated in South Asia. It is the wold six most populous country with a population exceeding more then 212 million people.

Having a predominately Indo-Iranian speaking population, Pakistan has historically and culturally been associated with its neighbours Iran, Afghanistan, and India.

Since Pakistan and India achieved independence in 1947, Pakistan has been distinguished from its larger southeastern neighbour by its overwhelmingly Muslim population.

The nation as whole has struggled throughout its existence to attain political stability and sustained social development. Its capital is Islamabad, in the foothills of the Himalayas in the northern part of the country, and its largest city is Karachi, in the south on the coast of the Arabian Sea.

Islamic Republic of Pakistan is home to 108 peaks above 7,000 metres and probably as many peaks above 6,000 m. There is no count of the peaks above 5,000 and 4,000 m. Five of the 14 highest independent peaks in the world (the eight-thousanders) are in Pakistan.

Economists estimate that Pakistan was part of the wealthiest region of the world throughout the first millennium CE, with the largest economy by GDP. This advantage was lost in the 18th century as other regions such as China and Western Europe edged forward. The country is considered a developing country and is one of the Next Eleven, a group of eleven countries that, along with the BRICs, have a high potential to become the world’s largest economies in the 21st century.

Petrol, diesel prices set to fall in Pakistan

KARACHI: Petroleum prices in Pakistan are likely to go down in the upcoming fortnightly review… Read More

Pakistan faces shortage of life-saving drugs

Pakistan is again facing shortage of essential medicines, including life-saving drugs, causing stress for patients… Read More

Gold prices register increase in Pakistan

KARACHI: The gold prices in Pakistan continue to increase in Pakistan as per tola price… Read More

ICC T20 World Cup trophy to arrive in Pakistan tonight

The International Cricket Council (ICC) T20 World Cup trophy will arrive in Pakistan tonight, on… Read More

IMF executive board to meet April 29 on $1.1 bln Pakistan disbursement: report

The executive board of the International Monetary Fund (IMF) will meet on April 29 to… Read More

Pakistan blocking $399mn of airline revenues: IATA

KARACHI: The International Air Transport Association (IATA) called on Pakistan and Bangladesh to immediately release… Read More

Pakistan, Iran issue joint statement on gas pipeline project

ISLAMABAD: Pakistan and Iran agreed to expeditiously finalize the Free Trade Agreement (FTA) and boost… Read More

US warn countries trading with Iran of ‘possible sanctions’

WASHINGTON: United States (US) warned countries having trade ties with Iran of possible sanctions, ARY… Read More

Govt implementing FSC decisions to promote interest-free economy: FinMin

ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb on Tuesday said that the government… Read More

Pakistan aims to reach $3 trillion economy by 2047: Ahsan Iqbal

ISLAMABAD: Federal Minister for Planning and Reforms Ahsan Iqbal on Tuesday said that Pakistan aimed… Read More

Pakistan not to surrender its water rights: Tarar

ISLAMABAD: Minister for Law and Justice Azam Nazeer Tarar on Tuesday firmly stated that the… Read More

Shadab Khan ‘feels comfortable’ batting in top-order

RAWALPINDI: Pakistan all-rounder Shadab Khan revealed his preferred batting position in Twenty20s (T20s), stressing that… Read More

Gold prices see another big drop in Pakistan

KARACHI: The per tola price of 24 karat gold on Tuesday declined by Rs7800 to… Read More

Pakistan’s imports from Iran rises by 16pc in FY2023-24

Pakistan's imports from Iran increased by 16 per cent in the first nine months of… Read More

Iranian president says he wanted to address ‘public gathering’ in Pakistan

LAHORE: Iranian President Ebrahim Raisi, who is in Pakistan on three-day visit, said on Tuesday… Read More

Pakistan, Saudi Arabia, Uzbekistan ink agreement to boost investment

ISLAMABAD: In a significant development, Pakistan, Uzbekistan and Saudi Arabia have signed a landmark partnership… Read More

Finance minister calls for expanding Pakistan’s tax-to-GDP ratio

ISLAMABAD: Finance Minister Muhammad Aurangzeb said on Tuesday that Pakistan's foreign exchange reserves are expected… Read More

Pakistan, Iran sign accord on economic zone

ISLAMABAD: Pakistan and Iran on Monday signed a total of eight accords on varying subjects… Read More

Pakistan launches App for differently-abled children

The National Information Technology Board (NITB) and Ministry of Human Rights (MoHR) have launched an… Read More

Pakistan says it backs UN agency in ensuring food security

UNITED NATIONS: Pakistan has told the just-concluded UN Economic and Social (ECOSOC) Youth Forum that… Read More