Finance
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…
SBP Injects Rs. 400Bn: Shariah-Compliant Mudarabah-Based OMO
The State Bank of Pakistan (SBP) has injected Rs. 400 billion into the banking system through a Shariah-compliant Mudarabah-based Open Market Operation (OMO). The short-term…
Gold Prices Hit Historic Peak in Pakistan
Gold prices in Pakistan hit a new record high on Friday, tracking the sharp gains seen in the international bullion market. In the local market,…
Pakistan’s Trade Deficit Jumps 34% in Latest Quarter
Pakistan’s trade deficit has jumped 34% in the latest quarter due to a drop in exports and a significant rise in imports, raising concerns about…