Tag: Pakistan economy
Pakistani Rupee Sees Marginal Recovery Against US Dollar Amid Mixed Currency Performance
The Pakistani rupee (PKR) continued its modest gains against the US Dollar (USD) on Monday, closing in green for the…
Electricity Subsidies May Be Restricted to Deserving Consumers Under New IMF-Linked Plan
The government is preparing to overhaul its electricity subsidy framework by limiting financial support strictly to low-income households, subject to…
Pakistan Attracts $176 Million in Largest Bond Inflows in 19 Months
Pakistan has recorded its strongest monthly net foreign inflows into sovereign bonds in nearly two years, signaling renewed investor interest…
SOE Losses Cross Rs. 830 Billion in FY25 Despite Continued Government Support
Pakistan’s state-owned enterprises (SOEs) recorded combined losses of Rs. 832.8 billion in fiscal year 2024-25, according to a fresh report…
Pakistani Rupee Extends Gains Against US Dollar for 93rd Consecutive Day
The Pakistani rupee (PKR) continued its modest upward trend against the US Dollar (USD), closing in green for the 93rd…
Lawmakers Hope for SBP Interest Rate to Drop to Single Digits by June 2026
During a meeting of the Senate Standing Committee on Commerce on Monday, lawmakers expressed optimism that the State Bank of…
Gold Prices Plunge, Now Approaching Rs. 5 Lakh Per Tola in Pakistan
Gold prices in Pakistan saw a significant drop on Friday, following a record high just a day earlier, highlighting continued…
Pakistan’s Forex Reserves Expected to Reach Record High by December 2026
pakistan’s foreign exchange reserves are projected to reach an all-time high by the end of December 2026, marking a significant…
Pakistan Secures Record $4.5 Billion in Foreign Loans in First Half of FY26
Pakistan has recorded a significant rise in external borrowing during the first six months of the current fiscal year, receiving…
Pakistan Signs MoU With World Liberty Financial to Strengthen Digital Payments and Fintech Ecosystem
Pakistan has taken another step toward strengthening its digital financial landscape by signing a Memorandum of Understanding with SC Financial…
Pakistan’s Automotive Industry Accelerates With 46% Sales Growth in First Half of Fiscal Year
Pakistan’s automotive industry has staged a strong comeback in the first half of the current fiscal year, recording a robust…
ML-I Project Launch Date Announced as Pakistan Railways Plans Major Upgrade from Karachi Port
Pakistan Railways has announced a significant development in its long-awaited railway modernization drive, confirming that work on the Main Line-I…
Finance Minister Signals Pakistan’s Move Toward a Regulated Crypto Framework
Pakistan is steadily moving closer to adopting a regulated digital asset ecosystem, signaling a major policy shift in how the…
Govt Finalizes ‘Made in Pakistan’ Electronics Policy to Support Local Products
The federal government has finalized the ‘Made in Pakistan’ Electronics Manufacturing Policy, a major step aimed at strengthening domestic production…
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…