Tue, 21-Oct-2025

Afghanistan faces ‘unprecedented’ economic shock: UN

KABUL: Afghanistan’s GDP could contract 20 per cent within a year, the UN predicted in a new report on Wednesday, saying that the withdrawal of international aid after the Taliban’s return to power is an “unprecedented fiscal shock”. For decades now Afghanistan’s economy has been undermined by war and drought. But it was propped up by … Read more

Railways to transport over 20% of freight business after completion of ML-I

ISLAMABAD: The Pakistan Railways is expecting to transport over 20 per cent of the country’s freight business after the completion of Main Line-I (ML-I) under the China-Pakistan Economic Corridor. Currently, Pakistan Railways was transporting 4 per cent of the freight traffic in the country, which was not sufficient for the department, an official in the … Read more