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Author

Faiz Paracha

Faiz Paracha, an esteemed broadcast journalist with over two decades of experience, excels in reporting and editorial positions. His expertise lies in the economy and energy sectors, where he has delivered thorough coverage and valuable insights.

Currently serving as the Head of Reporting at News Diplomacy, Faiz manages coverage related to diplomatic missions, international development organizations, the United Nations, and foreign affairs. His diverse interests encompass environmental and climatic issues, alongside his profound knowledge of business, economy, and energy.

Business

WB approves $194m loan for development projects in Balochistan

Faiz Paracha Jun 25, 2025
ISLAMABAD: The World Bank has approved a $194 million loan for Pakistan to support two major development projects in the province of Balochistan. According to a statement from the World Bank, the funding will be allocated to initiatives…
Business

ADB approves $350m loan to improve women’s access to finance

Faiz Paracha Jun 25, 2025
MANILA (PHILIPPINES): The Asian Development Bank (ADB) has approved a $350 million loan package aimed at expanding financial access for women in Pakistan, as part of broader efforts to promote gender-inclusive economic growth in the…
Latest

Rs17.5 trillion budget presented in NA amid opposition uproar

Faiz Paracha Jun 10, 2025
ISLAMABAD: Finance Minister Muhammad Aurangzeb Khan presented the Federal Budget 2025-26 worth over Rs17.5 trillion in National Assembly amid uproar and slogan chanting by the opposition members. The budget session was held under the…
Latest

School Meals Take Centre Stage in Pakistan with Multi-Stakeholder Consultation

Faiz Paracha Jun 5, 2025
“With 25 million children out of school and many enrolled students struggling to learn due to hunger and malnutrition, the reality demands urgent action,” said Mr. Mohammad Shehbaz Sharif, Prime Minister of Pakistan
Business

Pakistan, Turkiye sign eight MoUs on trade, defense and investment

Faiz Paracha Feb 13, 2025
ISLAMABAD: With the ongoing visit of Turkish President Recep Tayyib Erdogan to Pakistan, the two countries are set to strengthen their bilateral ties by signing eight Memorandums of Understanding (MoUs) on Thursday. These agreements will…
Business

Easypaisa’s transformation as first digital bank celebrated

Faiz Paracha Jan 31, 2025
ISLAMABAD: Finance Minister Muhammad Aurangzeb congratulated easypaisa digital bank on its successful transformation as Pakistan’s first digital bank, after receiving the coveted digital banking license from the State Bank of Pakistan…
Latest

CDWP approves 16 uplift projects worth over Rs259 billion

Faiz Paracha Jan 28, 2025
ISLAMABAD: The Central Development Working Party (CDWP) has approved 16 development projects worth of Rs259.68 billion. The CDWP approved the projects at a meeting chaired by Minister Ahsan Iqbal. Out of these, nine projects worth Rs27.40…
Latest

Controversial changes to PECA law also sailed through Senate

Faiz Paracha Jan 28, 2025
ISLAMABAD: After the National Assembly, the Senate also passed controversial amendments to the Prevention of Electronic Crimes Act in Tuesday. During the passage of the Act, the opposition opposed the bill and protested in the house while…
Kashmir

PM seeks report on tax, energy tariff issues with AJK

Faiz Paracha May 9, 2024
ISLAMABAD: Prime Minister Shehbaz Sharif has ought a report about lingering issues between Islamabad and the government of Azad Kahsmir on tariff issues related to the Neelum-Jhelum power project. According to media reports, the federal…
Business

Fertilizer companies won’t be allowed to take undue profit: minister 

Faiz Paracha May 9, 2024
ISLAMABAD: Federal Minister for Industries and Production Rana Tanveer Hussain said that fertilizer companies must not be allowed to take undue profit.   Steps should be taken to ensure uniform price of the urea fertilizer across the…
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