BMP Cautions on Economic Pressure from Soaring Energy Costs

Rising Inflation and Economic Pressures in Pakistan The persistent rise in inflation has become a major concern for businesses and households across Pakistan. The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) has highlighted the growing economic pressures caused by increasing utility charges and rising food prices, which are affecting both consumers…

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Ayaz Sadiq: Pakistan’s Economy on the Right Path

Pakistan’s Economic Progress and Strategic Alliances Pakistan’s National Assembly Speaker, Sardar Ayaz Sadiq, has expressed confidence in the country’s economic trajectory, highlighting that the nation is progressing rapidly in a positive direction. He emphasized the numerous investment opportunities available across various sectors, signaling a promising future for the economy. During the launch ceremony of the…

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AfDB Locks in N3.4trn for Nigerian Agro-Industrial Growth

Africa’s Economic Growth and Agricultural Potential The outgoing president of the African Development Bank, Akinwumi Adesina, highlighted significant economic progress in Africa during a presentation at the 2025 Standard Chartered Bank Africa Summit held in Lagos. He stated that in 2025, Africa accounted for 12 out of the 20 fastest-growing economies globally, showcasing the continent’s…

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Nigeria’s $18.2bn Debt to World Bank IDA Revealed

Nigeria’s Rising Debt to the World Bank’s IDA Nigeria has maintained its position as the third-largest debtor to the World Bank’s International Development Association (IDA), with outstanding obligations reaching $18.2 billion as of June 30, 2025. This represents an increase from $16.5 billion in June 2024, reflecting a rise of $1.7 billion or approximately 10.3…

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