Textile Sector Urges Government for Tax, Energy and Financial Relief in Budget 2026-27
Pakistan’s textile and apparel industry has presented a detailed set of recommendations for the Federal Budget 2026-27, urging the government…
Tag: Pakistan economy
Government Defends Fuel Price Hike as Petroleum Levy Reaches Rs117 Per Litre
Pakistan’s rising fuel prices once again came under scrutiny after officials from the Petroleum Division attributed the latest increase in…
Pakistan to Launch Local Insulin Production with $80 Million Russian Investment
Pakistan is set to take a major step toward strengthening its healthcare and pharmaceutical sector as Russian pharmaceutical company Zavod…
Government Moves to Revive $6 Billion Refinery Investments Through Tax Relief Measures
The Government of Pakistan has taken fresh steps to revive nearly $6 billion worth of planned refinery investments by addressing…
PSW and TDAP Sign MoU to Accelerate Pakistan’s Digital Trade and Export Growth
Pakistan Single Window and Trade Development Authority of Pakistan have signed a Memorandum of Understanding (MoU) aimed at strengthening Pakistan’s…
Attock Refinery Posts Second-Highest Profit as Fuel Prices Surge in FY26
Attock Refinery Limited (PSX: ATRL) has reported a remarkable financial performance for the third quarter of FY26, posting its second-highest…
Pump Owners Seek Rs. 82.5 Billion Relief Amid War-Driven Fuel Crisis
Pakistan’s fuel retail sector is facing mounting financial strain as petrol pump owners and oil marketing companies (OMCs) push for…
State Bank of Pakistan Raises Interest Rate to 11.5% Amid Economic Pressures
The State Bank of Pakistan has increased the policy rate by 100 basis points, bringing it to 11.5 percent following…
Petrol and Diesel Prices Rise Sharply as Government Raises Taxes Under IMF Programme
Fuel prices in Pakistan have surged once again after the government increased petrol and diesel rates by Rs. 26.77 per…
Pakistan Budget 2026-27 Likely to Offer Limited Relief for Salaried Class Amid IMF Conditions
Pakistan’s upcoming federal budget for 2026-27 is expected to bring only modest relief for salaried individuals, while introducing stricter fiscal…
Pakistan Expands Eurobond Issuance to $750 Million Amid Strong Global Investor Demand
Pakistan has successfully increased its latest Eurobond issuance to $750 million, signaling renewed investor confidence in the country’s economic outlook.…
Gold Price Rebounds Sharply, Approaches Rs. 5.1 Lakh Mark in Pakistan
Gold prices in Pakistan staged a swift recovery after recent declines, reflecting renewed momentum in both local and international bullion…
Pakistan’s Climate Losses Could Reach 6% of GDP by 2050, Study Warns
Pakistan may face severe long-term economic consequences from climate change, with potential losses projected to reach up to 6 percent…
Rupee Extends Historic Winning Streak Against US Dollar Amid Broader Currency Pressures
The Pakistani rupee continued its remarkable upward trajectory against the US dollar, marking its 133rd consecutive session of gains on…
Should Pakistan Shift from Dollar to Gold? Rising Global Tensions Spark Economic Debate
Pakistan’s financial policymakers are facing renewed pressure to rethink the country’s foreign reserve strategy as geopolitical tensions intensify across the…
IFC Pledges $2.7 Billion to Boost Pakistan’s Economic Growth and Private Sector
Pakistan’s economic outlook has received a significant boost as the International Finance Corporation (IFC) commits approximately $2.7 billion for the…
Countries with the Lowest Average Salaries in 2023: Where Pakistan Stands Globally
A recent global comparison of average monthly salaries has highlighted the stark income disparities across countries, with several developing economies…
Luxury Imports in Pakistan Face Up to 60% Taxes, Driving Prices Higher
The cost of imported luxury and non-essential goods in Pakistan has surged sharply, with total taxes reaching as high as…
Pakistan Outperforms Regional Peers in Fuel Supply Management Amid Ongoing Crisis
Pakistan has demonstrated relative stability in managing its fuel supply chain despite ongoing regional tensions, according to Khyber Pakhtunkhwa Finance…