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 cockpit voice recorder was damaged during the crash and it is unclear whether investigators have been able to retrieve any information from it.

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

Analysts argue that in order for Pakistan to compete in the international market and become a competitive geoeconomic state the country would have to significantly reduce the electricity cost per unit and increase the gas availability to the industrial sector of the country.

While Pakistan's economy continues to scare away foreign investments, data suggests the country's super-rich owns over 38,000 properties worth $10.6 billion in Dubai's offshore real estate market, which is more than Pakistan's State Bank dollar reserves

Patron in chief APTMA analyses the Institute of Policy Reforms report “What to Do about Pakistan’s Mountain of Debt,” and provides a succinct and sophisticated overview of the economic issues that plague our country.

Last month, local administrators instructed shopkeepers to install CCTV systems inside their premises at their own expense to enhance the police's ability to watch people's every move.

"A police complaint has been made and we have banned him for life," said Tomar.

Water shortages, windstorms and early summer cause major damage to fruit crop this year

Journalist and political economy expert Javed Hassan on Tuesday claimed that Chief Economist Pakistan Ahmed Zubair resigned after he was being pressured to change data on GDP.

"The government will try to convince the IMF that for political stability purposes it is important to keep at least some of the subsidies," said economist Shahrukh Wani.

The rupee maintains its downturn after it shed Rs2 against the dollar in the intraday trade, mainly because of the country's rising exports and depleting foreign reserves.