Pakistan Would Need Nearly 14,000 Years to Clear Circular Debt at Rs. 10 Lac Per Day
Pakistan’s growing circular debt crisis in the power and gas sectors has once again raised serious concerns about the country’s…
Tag: Pakistan economy
Pakistan’s Leading Glass Manufacturer Expands with New 10-Acre Production Facility in Sheikhupura
Tariq Glass Industries Limited has announced another major step in its industrial expansion strategy by securing land for a new…
Hascol Approves Major Debt Restructuring Plan to Support Business Revival
Hascol Petroleum Limited has approved a major debt restructuring plan aimed at supporting the company’s financial recovery and long-term business…
Govt May Increase Electricity Prices in Pakistan Ahead of Budget
Electricity consumers across Pakistan, including those served by K-Electric, may soon face a potential increase in power tariffs as authorities…
Govt Claims Timely Action Prevented Major Electricity Price Hike During US-Iran Conflict
Pakistan’s Ministry of Energy (Power Division) has claimed that strategic planning and timely interventions helped protect electricity consumers from a…
Pakistan Assures IMF of Continued Electricity and Gas Price Hikes Under Energy Reforms
The Pakistan government has assured the International Monetary Fund (IMF) that electricity and gas prices will continue to rise in…
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…
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…