The State Bank of Pakistan earned Rs1.99 trillion in FY26 and transferred Rs1.932 trillion to the federal government, supporting non-tax revenue and limiting borrowing needs. SBP...
Wafi Energy Pakistan Limited reported a second-quarter loss after tax of Rs641 million, compared with a Rs422 million profit a year earlier. Despite the quarterly loss,...
Gold prices in Pakistan fell on Thursday, tracking losses in the international market. The price declined by Rs3,500 to Rs483,036 per tola, while 10-gram gold dropped...
Oil prices recovered on Tuesday after falling more than 2% in the previous session as investors assessed the impact of new US sanctions against Iran. Brent...
Pakistan plans to return to international capital markets this fiscal year, targeting an initial borrowing of $1 billion to $2 billion. Finance Minister Muhammad Aurangzeb said...
Bank lending to Pakistan’s private sector continued to decline during the first 45 days of the current fiscal year, while Non-Bank Financial Institutions also faced a...
The Federal Board of Revenue (FBR) has introduced new measures to accelerate sales tax registration for businesses. Applications submitted through the IRIS portal will undergo risk-based...
The Economic Coordination Committee, chaired by Finance Minister Muhammad Aurangzeb, approved the release of PASSCO wheat stocks comprising 85% locally procured and 15% imported wheat. The...
Moody’s Ratings upgraded Pakistan’s local and foreign currency issuer and senior unsecured debt ratings from Caa1 to B3, citing stronger foreign exchange reserves, improved governance, lower...
Phase-I development of the proposed Keti Bandar Port in Sindh is estimated to cost $522.34 million. The plan includes a 500-metre multi-purpose terminal designed to support...
