Economy

Exports climbed 20.7% from a year earlier as global demand, SBP measures and government support boosted the sector

Higher imports outweighed record annual remittances, reversing FY25's USD 1.84 billion surplus into a USD 139 million deficit

Arrival of MV Grande Shanghai marks Pakistan's first roll-on/roll-off EV shipment, boosting modern port and logistics capabilities

The industry body urges the government to approve 4 million metric tons of wheat imports, warning that delays could worsen supply shortages

Industry seeks lower energy costs, faster export financing and action on cotton shortage after textile exports rose just 0.26% in FY26

Manufacturers shipped 4.7 million footballs, an 18.5% increase from the previous fiscal year.

Fitch says one-off gains are fading while options for further spending cuts have largely run out

Fourth spot cargo purchased at USD 20.6999/MMBtu, about 51% above indicative Qatari contract price amid tightening global supply

Government says current wheat stocks are adequate, but industry urges a transparent policy for future import decisions

Large-scale manufacturing remained up 5.77% during July-May FY26, with automobiles continuing to drive overall growth

Fewer Pakistanis are securing overseas jobs as higher migration costs and stricter requirements threaten future remittance inflows

PLL invites bids for July 21-22 delivery as Pakistan continues buying costlier spot LNG to secure gas supplies

Draft proposal exempts eligible retailers from routine audits, POS requirements and certain withholding tax obligations

The IMF forecasts the global economy to expand 3.0% in 2026 as conflict-driven supply shocks outweigh part of the boost from artificial intelligence

Government targets August launch for a revised policy focused on investment, EVs and stricter vehicle safety standards, pending IMF approval

AAA-rated Basel III-compliant issue strengthens the bank's capital base to support lending, SMEs, consumer banking and ESG initiatives

Vehicle sales reach 206,445 units, supported by stronger consumer demand, expanding auto financing and new model launches

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

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