Finance
Pakistan Vows To Fast-Track Digital Asset Rules as Binance CEO Arrives for High-Level Talks
Pakistan has accelerated efforts to build a regulated digital asset ecosystem as Binance CEO Richard Teng arrived in Islamabad for high-level talks. In a major consultative session at the Finance Division, the government, State Bank, top commercial banks, and Binance…
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SECP Clarifies Senate Panel’s Objections on AGP’s Irregularities Claim
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The Auditor General of Pakistan (AGP)’s recent report highlighting Rs 267 million in irregular pay and allowances at the Securities and Exchange Commission of Pakistan…
Petrol Price Likely to Rise Next Month
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The petrol price is expected to see another increase from September 1 as international crude oil markets continue to move upward. According to reports, the…
ECC Authorises Funds to Secure Worker Dues in Utility Stores Closure
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The Economic Coordination Committee (ECC) of the Cabinet chaired by the Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb approved a technical supplementary grant…
Pakistan Enters FY2026 With Lower Inflation, Narrower Deficit
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Pakistan entered the new fiscal year with signs of macroeconomic stability, as inflation slowed, the fiscal deficit narrowed, external inflows strengthened, and the stock market…
ADB Agrees on ML-1 Project Financing for Pakistan Railways Upgrade
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The Asian Development Bank (ADB) has formally agreed on ML-1 project financing, unlocking progress on the long-delayed railway upgrade from Karachi to Peshawar. The Economic…
Sindh Assembly Salaries Increased by 200pc
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The Sindh Assembly salaries have been increased by 200 percent after a sub-committee unanimously approved a bill presented earlier this month. The Sindh Assembly passed…
Pakistan Textile Council Raises Concerns Over Export Facilitation Scheme Amendments
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The Pakistan Textile Council (PTC) has expressed concern over the recent changes to the Export Facilitation Scheme (EFS), highlighting operational hurdles faced by textile and…
Bank Al Habib Profitability Sees Decline in First Half of 2025
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Bank Al Habib has posted a decline in profitability for the half-year ended June 30, 2025, as per its latest financial results. The bank reported…
Meezan Bank Profitability Drops 10% in H1 2025 Report
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Meezan Bank profitability declined in the first half of 2025, as the bank posted a Profit After Tax (PAT) of Rs46.2bn, marking a 10% drop…
ECC Clears Rs11bn PTV Bailout, Petroleum Levy Recovery
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The Economic Coordination Committee (ECC) of the Cabinet on Tuesday approved an Rs11 billion financial bailout for Pakistan Television (PTV) and endorsed a recovery framework…
SBP Dollar Purchases Push Reserves to $14.5 Billion
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The State Bank of Pakistan (SBP) has revealed that its dollar purchases from the open market since June 2024 totaled $7.8 billion, raising foreign exchange…
Bank of Balochistan Approved to Boost Provincial Economy
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In a major step towards economic independence, the provincial government has approved the establishment of the Bank of Balochistan, addressing a long-standing demand of the…
