Finance
Gas Sector Debt Stalls IMF-Pakistan Talks Until September
FBR Dismisses Officer Over Mishandling Rs238.4 Billion Tax Fraud Case
The Federal Board of Revenue (FBR) has dismissed an Inland Revenue officer, Altaf Hussain Khurho, for negligence in investigating a massive Rs238.4 billion sales tax…
Women’s Active Bank Accounts in Pakistan Rise to 37 Million
The number of women’s active bank accounts in Pakistan has surged from 20 million to 37 million, according to State Bank of Pakistan (SBP) Governor…
Gold Prices Flat in Pakistan as Global Market Sees Minor Decline
Gold price updates from Pakistan showed stability on Tuesday, with rates holding firm at Rs444,900 per tola in the local market. The trend mirrored a…
Current Account Surplus Hits $110 Million in September
Pakistan’s current account surplus reached $110 million in September, marking a sharp turnaround from the previous months’ deficits, according to data released by the State…
NA Panel Orders Probe into Past Sugar Export Approvals
The National Assembly Standing Committee on Commerce has ordered a detailed investigation into past sugar export approvals that were allegedly made against the national interest.…
Pakistan Railways ML-1 Project Secures CDWP Approval
The Central Development Working Party (CDWP) has approved 12 development projects worth Rs35.4 billion, including a major upgrade for Pakistan Railways’ ML-1 line, and referred…
Pakistan Faces $11 Billion Import Data Discrepancy
A major import data discrepancy has raised concerns after the Pakistan Bureau of Statistics (PBS) reported a difference of $11 billion over the past two…
SBP and IFC Partner to Boost Local Currency Financing
The State Bank of Pakistan (SBP) has signed an agreement with the International Finance Corporation (IFC) to strengthen local currency financing and encourage private sector…
Gold Prices in Pakistan Plunge After Record Surge
Gold prices in Pakistan dropped sharply on Sunday as both domestic and international markets experienced a significant correction. According to the All Pakistan Sarafa Gems…
Flood Damage in Pakistan Estimated at Rs822 Billion
Federal Minister for Planning and Development Ahsan Iqbal announced that the recent floods in Pakistan have caused an estimated Rs822 billion ($2.9 billion) in damages,…
Cabinet Approves Sale of First Women Bank to UAE Investor
The federal cabinet has approved the sale of First Women Bank to a UAE investor for $14.6 million (Rs4.1 billion), marking the first privatization under…
SBP Injects Over Rs. 9.9 Trillion into Money Market at 11.01% Rate
The State Bank of Pakistan (SBP) conducted a major Reverse Repo (Injection) Open Market Operation (OMO) on October 17, 2025, injecting Rs. 9.94 trillion into…