Economy

Pakistan buys third spot LNG cargo in July as Qatar supply disruptions persist
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Pakistan buys third spot LNG cargo in July as Qatar supply disruptions persist

PLL awards July 15-16 delivery to BP Singapore at USD 18.2345/MMBtu after accepting the lowest bid amid intermittent contractual supplies

Pakistan's power supply at risk as RLNG shortages threaten 5 GW of generation capacity
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Pakistan's power supply at risk as RLNG shortages threaten 5 GW of generation capacity

SNGPL extends force majeure on RLNG supplies to power plants, with fuel shortages expected to persist until early August, raising the risk of localized load shedding

Port Qasim berths emergency LNG cargo, helping avert potential power shortages
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Port Qasim berths emergency LNG cargo, helping avert potential power shortages

Record-sized shipment helps avert potential power shortages after force majeure halted scheduled deliveries amid regional tension

Pakistan raises petrol price, hikes petroleum levy to record PKR 80 per liter
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Pakistan raises petrol price, hikes petroleum levy to record PKR 80 per liter

Pakistan raised petrol and diesel prices from July 12, pushing the petroleum levy on petrol to a record PKR80 per litre to meet IMF revenue targets

Pakistan Sukuk issuance hits record PKR 3.5 trillion in FY2026 as debt reforms advance
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Pakistan Sukuk issuance hits record PKR 3.5 trillion in FY2026 as debt reforms advance

Pakistan's sovereign Sukuk issuance nearly doubled to a record PKR 3.5 trillion in FY2026 as the government deepens Islamic debt markets and reforms debt management

Pakistan’s gas sector burden grows as circular debt reaches PKR 3.6 trillion
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Pakistan’s gas sector burden grows as circular debt reaches PKR 3.6 trillion

Late payment surcharges rise to PKR 1.723 trillion, nearly matching the principal outstanding amount, while tariff differential claims remain the largest driver of debt

Pakistan's IT exports hit record $4.5 billion in FY26
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Pakistan's IT exports hit record $4.5 billion in FY26

Sector posts record growth as exporters expand into Asia-Pacific markets beyond the U.S. and Europe

World Bank approves $375.9 million to modernize Pakistan's power grid
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World Bank approves $375.9 million to modernize Pakistan's power grid

Project aims to strengthen transmission network, unlock more renewable energy and reduce outages under the first phase of a 10-year reform program

ADB cuts Pakistan's FY27 growth forecast, raises inflation outlook
Business

ADB cuts Pakistan's FY27 growth forecast, raises inflation outlook

Higher energy costs, external uncertainty and risks to remittance inflows weigh on economic outlook as lender says FY2026 economy grew 3.7%

Pakistan surpasses $18 billion foreign exchange reserves target
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Pakistan surpasses $18 billion foreign exchange reserves target

Central bank holdings rise by USD1.94 billion in a week as government inflows boost external buffers

SBP sets PKR1.5 trillion SME financing target by 2028
Business

SBP sets PKR1.5 trillion SME financing target by 2028

Central bank targets 750,000 SME borrowers as it pushes banks to increase private sector lending

Pakistan seeks third spot LNG cargo in nine days as Qatar supplies remain disrupted
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Pakistan seeks third spot LNG cargo in nine days as Qatar supplies remain disrupted

State-owned PLL invites bids for July 15-16 delivery while the country continues to rely on spot purchases to meet domestic demand

Pakistan records highest-ever remittances of $41.6 billion in FY26
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Pakistan records highest-ever remittances of $41.6 billion in FY26

Overseas Pakistanis send a record USD 41.6 billion, strengthening external accounts despite a slowdown in June inflows

ADB cuts developing Asia growth forecast as Middle East conflict weighs on economies
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ADB cuts developing Asia growth forecast as Middle East conflict weighs on economies

Regional growth for 2026 lowered to 4.9% as prolonged energy market disruptions fuel inflation and raise downside risks

71% of foreign investors rank security among top business concerns in Pakistan
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71% of foreign investors rank security among top business concerns in Pakistan

OICCI survey cites worsening security in Karachi, persistent challenges in Balochistan and rising street crime as key factors weighing on business confidence

Global economy resilient despite Middle East war, IMF-led group warns risks remain
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Global economy resilient despite Middle East war, IMF-led group warns risks remain

IMF, World Bank, IEA and WTO urge reopening of the Strait of Hormuz, saying uncertainty continues despite easing fuel and fertilizer prices

Food prices stay high across Pakistan despite steep fall in diesel, LPG costs
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Food prices stay high across Pakistan despite steep fall in diesel, LPG costs

Lower transport costs fail to ease food inflation as seasonal shortages, supply disruptions and high retail margins keep vegetables and wheat flour expensive

FBR projects PKR 14.5 trillion tax collection before new budget measures
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FBR projects PKR 14.5 trillion tax collection before new budget measures

Revenue forecast assumes no new taxes, with receipts expected to rise 11.7% on economic growth and higher compliance

Pakistan banks sharply increase lending to agriculture, SMEs and housing as economy stabilizes
Business

Pakistan banks sharply increase lending to agriculture, SMEs and housing as economy stabilizes

Finance Minister Aurangzeb cited stronger growth, higher reserves and renewed market access

Pakistan's federal debt rises by PKR 16.2 billion a day, reaches PKR 81.9 trillion
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Pakistan's federal debt rises by PKR 16.2 billion a day, reaches PKR 81.9 trillion

State Bank data shows government debt increased by PKR 5.93 trillion over the past year, while private sector borrowing strengthened and government borrowing slowed