Pakistan’s Trade Deficit with Gulf Countries Widens
Pakistan’s trade deficit with several Gulf countries widened during the first two months of FY27 as imports increased while exports…
Finance
Court Bars FBR from Forcing Mepco to Recover Rs4.53bn in Taxes
The Lahore High Court has restrained the Federal Board of Revenue (FBR) from taking coercive action against Multan Electric Power…
CDA Approves Rs24.5bn 11th Avenue Project, Three Sports Arenas
ISLAMABAD: The Capital Development Authority (CDA) Development Working Party has approved several development projects, including the Rs24.5 billion 11th Avenue…
IMF Reviews Highlight Contradictions in Pakistan’s Economic Management
Pakistan has made progress on several fiscal and monetary targets under its ongoing International Monetary Fund (IMF) programme, but questions…
Private Sector Credit Demand Remains Weak
Private sector borrowing remained subdued during the first two-and-a-half months of the current fiscal year, with businesses continuing to repay…
PSX Gains as US-Iran Tensions Ease
The Pakistan Stock Exchange (PSX) continued its recovery on Wednesday, with the benchmark KSE-100 Index gaining 830.43 points, or 0.48…
New and Used Car Imports Surge 36% in July-August
Imports of new and used cars increased sharply during the first two months of the new fiscal year, as new…
Rs17.2bn Project Launched to Strengthen Climate Resilience in GB
A €54.24 million (Rs17.2 billion) project has been launched in Gilgit-Baltistan to strengthen climate resilience, improve basic services and enhance…
Foreign Loan Inflows Rise 24% in July-August
Pakistan received $1.703 billion in foreign loans and grants during the first two months of fiscal year 2026-27, excluding inflows…
Policy Committee Approves Rs33bn Budget for Universal Service Fund
The Universal Service Fund (USF) has approved a Rs33 billion budget for fiscal year 2026-27 to expand digital connectivity in…