Finance
World Bank Calls for Key Trade and Exchange Rate Reforms in Pakistan
The World Bank has urged Pakistan to strengthen its limited trade agreements, let the exchange rate move freely and push long delayed structural reforms to lower energy and production costs. In a new policy note, the bank said Pakistan has…
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Pakistan Stock Exchange Hits All-Time High
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June 4, 2025: The Pakistan Stock Exchange (PSX) achieved a significant milestone, with its benchmark KSE-100 index hitting an all-time high, crossing the 121,000-point mark…
Pakistan Defence Budget May Get a Whopping 114% Rise This Year
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ISLAMABAD: The Pakistan defence budget may see a whopping 114% increase in the upcoming fiscal year 2025-26, with proposed allocations rising sharply from Rs5.386 billion…
Govt Secures $2.5 Billion in Foreign Aid Commitments for Pakistan
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ISLAMABAD: Pakistan secured foreign aid commitments worth $2.5 billion from development partners during the first half (July–December) of the current fiscal year 2024–25, according to…
ADB Board Approves Loan for Pakistan Despite Indian Outcry
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The Asian Development Bank (ADB) has officially approved an $800 million financing package for Pakistan, despite vocal opposition from India. The ADB loan for Pakistan…
Pakistan Crypto Council Sets Up Committee for Digital Asset Regulations
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The Pakistan Crypto Council (PCC) convened a high-level meeting at the Finance Division, chaired by Senator Muhammad Aurangzeb, the Federal Minister for Finance and Revenue.…
Budget 2025-26 Unveils Dual Petrol Pricing to Combat Cash Economy
3 min read
ISLAMABAD: The federal government is expected to unveil a dual pricing system in Budget 2025-26. The plan introduces different tax and transaction rates for cash…
Pak Govt Set to Approve Ambitious Economic Targets for FY2025-26
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As Pakistan prepares to finalize its economic roadmap for the next fiscal year, the federal government is expected to approve a set of key macroeconomic…
PKR Was Kept Undervalued Adding Nearly 7% Inflation; Report Estimates
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The fair value of the Pakistani Rupee (PKR) is estimated at 249.2 per US dollar, instead of 282.2 per US dollar, according to a report…
Pakistan Set to Finalise FWBL Privatisation Deal with UAE
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ISLAMABAD: Pakistan is poised to conclude the FWBL privatisation process next month, transferring an 82.64% stake in First Women Bank Limited to the United Arab…
India Triggers Brief Delay in Pakistan’s $800M ADB Financing Plan
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The Asian Development Bank (ADB) has postponed the approval of an $800 million financing package for Pakistan following a formal request from India. Originally slated…
Finance Minister Denies Unequal Pay Raise for Armed Forces
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ISLAMABAD: Finance Minister Muhammad Aurangzeb has firmly dismissed rumors of a disproportionate salary increase for armed forces personnel compared to civilian government employees in the…
Pakistan’s Remittance Per Expat Trails Region Despite $38B Inflows
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Despite expectations of receiving $38 billion in remittances during the current fiscal year (FY25), Pakistan’s average remittance per expatriate remains one of the lowest compared…
Oil Sector Demands Increase in OMC Margins
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ISLAMABAD: The oil sector has formally requested the government to approve a revised Rs10 per litre margin for oil marketing companies (OMCs), up from the…
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