Large-scale manufacturing to lead economy’s recovery

Pakistan’s large scale manufacturing sector has shown positive growth, 5.5%, in this fiscal year. Despite being lower than pre-coronavirus times, the numbers have shown stability and resilience in the face of the pandemic. The LSM output increased by 6.66% in October this year. In separate sectors such as the textile sector, the growth was around… Continue reading Large-scale manufacturing to lead economy’s recovery

Pakistan on the road to economic recovery amid global recession: Hammad Azhar

Federal Minister for Industries and Production, Hammad Azhar Tuesday said that Pakistan industry was driving economic growth and recovery at a time when the global economy was in deep recession. In a Tweet, he said that the production of Large Scale Manufacturing (LSM) in the country increased by 5.46 percent during the first four months… Continue reading Pakistan on the road to economic recovery amid global recession: Hammad Azhar