Internally, domestic uncertainty, expansionary monetary policy and petroleum and energy subsidy, while externally the Russia-Ukraine war and the latest wave of Covid-19 in China influenced the decision.

Inflation rate in Pakistan edged up to 13.4 per cent in April 2022, which is more than double the central bank’s inflation target.

Attendees from UAE and the Gulf region had previously expressed a keen interest in investing in projects from Pakistan at the UAE edition of the Pakistan Property Event held in Dubai last year.

Analysts believe that the ratio of large imports is often exaggerated, taking the focus away from the real problem, which is the lack of exports of the country.

The Chairman thanked the Tech for Justice Forum and lauded the role of the government, and private sector stakeholders for their support.

Toyota Indus has closed the bookings for all its models due to the economic uncertainty and unstable market situation.

Zaman added that the policies introduced by financial institutions during the tenure of the PTI-led government provided a very enabling environment for the businesses.

The ceremony was attended by the senior leadership of the Zameen Academy and the IFMP.

Starting in 2016, HBL adopted a technology-focused approach, which is unparalleled in the country. It re-envisioned itself as a 'Technology company with a banking license' and, in doing so, transformed itself into a bank of the future – one that is empowering its customers through digital enablement.