Tag: Pakistan economy
2025 Marks a Landmark Year for Pakistan’s Banking and Financial Sectors
The year 2025 proved to be transformative for Pakistan’s banking and financial sectors, witnessing significant developments that reshaped the industry…
IMF makes new demands from Pakistan under $7bn loan program
The International Monetary Fund has reportedly placed fresh demands on Pakistan under the ongoing $7 billion loan program, with potential…
Pakistan’s GDP Grows 3.71% in First Quarter of FY26: Ahsan Iqbal
Pakistan’s economy has shown a strong and encouraging start to the fiscal year 2025–26, recording a 3.71 percent growth in…
US Eyes Pakistan to Replace China in Critical Missile Mineral Supply
Pakistan is attracting attention from the United States as a potential alternative source for the critical mineral antimony, used in…
Former State Bank Governor Dr Shamshad Akhtar Passes Away, Nation Mourns a Distinguished Economic Leader
Former finance minister and ex-governor of the State Bank of Pakistan, Dr Shamshad Akhtar, passed away on Saturday at the…
Pakistan Urged to Cut $50 Billion Trade Deficit as Iran to Import 300,000 Tons of Rice
Federal Minister for Food Security Rana Tanveer Hussain on Friday emphasized the urgent need for Pakistan to boost exports and…
ECNEC Approves 11 Development Projects Across Multiple Sectors
The Executive Committee of the National Economic Council (ECNEC) approved 11 development projects in a meeting chaired by Deputy Prime…
Diesel Price Slashed by Rs. 14 per Liter as Government Keeps Petrol Rates Unchanged
The Government of Pakistan has announced a substantial reduction in the price of high-speed diesel, offering notable relief to consumers…
DRAP and CCP Sign MoU to Strengthen Oversight of Pakistan’s Pharma Market
Pakistan has taken a major step toward improving transparency, fair competition, and consumer protection in its pharmaceutical and therapeutic goods…
Salaried Class Tax: Emerges as Pakistan’s Largest Tax Contributor in FY2025–26
Record Rs130 Billion Collected from Salaried Individuals Pakistan’s salaried class has achieved a record milestone by contributing Rs130 billion in…
Tomato Prices Cross Rs.500 Per Kg in Pakistan as Inflation Drives Vegetable Costs to Record Highs
The price of tomatoes has surged past Rs.500 per kilogram in several parts of Pakistan, triggering concern among consumers already…
Petrol, Diesel Prices Fall in Pakistan
The Government of Pakistan has announced a fresh reduction in fuel prices, offering relief to consumers across the country. According…
Pakistan Stock Market Suffers Major Decline as Index Falls Over 4,000 Points
The Pakistan Stock Exchange (PSX) witnessed a sharp and unexpected downturn on Monday as the KSE-100 Index plunged by more…
Govt announces Rs4.07 per litre hike in petrol price
The federal government has increased fuel prices once again, raising petrol by Rs4.07 per litre and high-speed diesel (HSD) by…
“Tax the Rich, Subside the Poor,” IMF Tells Pakistan
Pakistan is on the verge of getting bankrupt and urgently needs the International Monterey Fund’s (IMF) help to come out…