Finance
Pakistan’s Forex Reserves to Reach Record $20.2 Billion by December 2026
Pakistan is on track to achieve a historic milestone as foreign exchange reserves held by the State Bank of Pakistan (SBP) are projected to exceed $20.2 billion by December 2026. According to Topline Securities, this unprecedented level of reserves would…
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IMF Urges Pakistan to Include SPS Officials in Asset Declarations
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The International Monetary Fund (IMF) has advised Pakistan to broaden its asset declaration requirements by including officials appointed on the Special Pay Scale, in addition…
Pakistan, Germany Seal €114m Development Deal
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Pakistan and Germany on Wednesday wrapped up their bilateral negotiations on development cooperation in Islamabad, with Berlin announcing a new financial and technical commitment worth…
Qatar’s Al-Thani Group Signals Exit From Port Qasim Power Project
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Qatar’s Al-Thani Group has indicated plans to withdraw its 49 percent share from the Port Qasim coal power project, becoming the latest foreign investor to…
Punjab Govt Ends Pension for Future Employees
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The Punjab government has introduced a major policy shift that eliminates pension benefits for future provincial employees under a new ordinance aimed at restructuring its…
DISCOs Push for Fixed Charges on Solar Net Metering Users
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Power distribution companies (DISCOs) have asked the National Electric Power Regulatory Authority (NEPRA) to approve fixed charges for solar net metering users as more consumers…
Federal Government Rental Ceiling Raised by 85pc for Employees
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The Ministry of Housing and Works has announced an 85 percent increase in the federal government rental ceiling, a move that took effect from November…
AGP Flags Major Irregularities in NBP Stake Sale to Bestway Group
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The Auditor General of Pakistan (AGP) has accused the National Bank of Pakistan (NBP) of major procedural and financial discrepancies in the NBP stake sale,…
Pakistan and Canada Finalize Canola Export Plan
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Canada and Pakistan have announced their decision to support the export of Canadian canola to the Pakistani market, according to a joint statement issued late…
UBL Faces Criticism Over Withholding Salary Funds on Credit Days
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United Bank Limited (UBL) is facing growing public criticism after multiple reports surfaced alleging that the bank has been withholding customer salary funds on credit…
World Bank Calls for Key Trade and Exchange Rate Reforms in Pakistan
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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…
Pakistan Aims for 5.7% Growth Under New 3-Year Economic and Export Plan
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The federal government has outlined an aggressive three-year roadmap to accelerate Pakistan’s economic recovery, targeting stronger growth, higher exports, and record remittances. Under the new…
Global Commodity Prices Forecast to Reach Six-Year Low in 2026
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According to the latest World Bank outlook, global commodity prices are set to decline to their lowest point in six years by 2026, marking the…
