Economy

Foreign Firms Walk Out as Pakistan Economy Staggers

From tech to energy, global brands are folding up amid rising costs, currency woes, and regulatory chaos ISLAMABAD — The quiet closure of Microsoft’s Islamabad office after a 25-year run has sent ripples across Pakistan’s struggling economy, symbolizing a broader trend of multinationals folding up operations and walking out of …

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Pakistan Gears Up for Digital Currency Pilot

Digital rupee to integrate with PRISM+ amid new crypto oversight law ISLAMABAD, July 10 — Pakistan is moving ahead with a central bank digital currency (CBDC) pilot program as part of efforts to modernize its financial system and keep pace with the global shift toward digital finance. According to well-placed …

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