Economy

Petroleum minister urges SSGCL board to strengthen sustainability, address governance challenges
Business

Petroleum minister urges SSGCL board to strengthen sustainability, address governance challenges

Ali Pervaiz Malik calls for a single fair gas price and a renewed push to cut losses as SSGCL reports a 57% reduction in unaccounted-for gas

PSX welcomes Tasdeeq as 11th listing of CY2026 amid record demand
Markets

PSX welcomes Tasdeeq as 11th listing of CY2026 amid record demand

South Asia's first publicly listed credit bureau saw its retail portion oversubscribed nearly 22 times over

Power Division uncovers coal procurement inefficiencies, moves to save PKR 380 million annually
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Power Division uncovers coal procurement inefficiencies, moves to save PKR 380 million annually

New "best available discount" rule aims to close pricing gaps in imported coal purchases across Pakistan's power plants

Pakistan receives $763 million in foreign economic assistance in July
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Pakistan receives $763 million in foreign economic assistance in July

Inflows rose 9% year-on-year, led by multilateral loans and the Naya Pakistan Certificate scheme

Pakistan launches rebate scheme to reward export growth
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Pakistan launches rebate scheme to reward export growth

Exporters can earn up to 2% back on incremental exports, but must repay advances if annual growth falls short

Pakistan opens licensing process for virtual asset service providers
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Pakistan opens licensing process for virtual asset service providers

PVARA begins accepting VASP license applications under the new Virtual Assets Act, 2026

Pakistan caps diesel refining margins as war-driven prices surge
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Pakistan caps diesel refining margins as war-driven prices surge

The two-month mechanism aims to shield consumers while keeping refiners profitable enough to fund upgrades.

Fitch says Pakistan's Islamic finance industry will cross $100 billion by 2027
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Fitch says Pakistan's Islamic finance industry will cross $100 billion by 2027

Islamic banks' share of sector financing nearly doubled in just over a year, but sukuk and takaful lag behind

Pakistan records strongest fiscal performance in over two decades in FY26
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Pakistan records strongest fiscal performance in over two decades in FY26

Pakistan's fiscal deficit fell to 2.6% of GDP in FY26 while the primary surplus hit a 26-year high, marking the country's best fiscal performance in decades

SBP sees gradual recovery for Pakistan as external pressures ease
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SBP sees gradual recovery for Pakistan as external pressures ease

Lower inflation, gradual economic recovery and stronger reserves improve the outlook, but Middle East conflict, climate shocks, global tariffs and slow reforms remain key risks

Pakistan inflation to remain elevated before easing in second half of FY27
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Pakistan inflation to remain elevated before easing in second half of FY27

State Bank of Pakistan sees growth at 3.5%-4.5% as higher energy costs and Middle East supply disruptions weigh on economic activity

Pakistan receives Qatar LNG cargo after nearly two-month gap
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Pakistan receives Qatar LNG cargo after nearly two-month gap

Al Areesh berths at Pakistan GasPort as Strait of Hormuz disruption continues to disrupt normal LNG flows

Textile mills warn prolonged truckers’ strike could disrupt production, exports
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Textile mills warn prolonged truckers’ strike could disrupt production, exports

Indefinite goods transport strike has halted movement of export containers, imported cotton and locally produced cotton to mills, industry warns

Meezan Bank surpasses PKR 3 billion in housing finance under 'Ghar Ho Tu Apna'
Business

Meezan Bank surpasses PKR 3 billion in housing finance under 'Ghar Ho Tu Apna'

Bank has disbursed PKR 3.05 billion to 490 families and approved more than 3,000 applications worth over PKR 22.557 billion

Pakistan July remittances rise 13% to $3.63 billion
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Pakistan July remittances rise 13% to $3.63 billion

Strong start to FY27 follows record USD 41.6 billion in remittances during FY26

Federal transfers to provinces rise 10.7% to PKR 5.63 trillion
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Federal transfers to provinces rise 10.7% to PKR 5.63 trillion

Provincial surplus jumps to PKR 1.64 trillion as own-source revenues rise 28.3% in July-March FY26

FBR cuts sales tax to PKR 5 per unit for qualifying steel producers
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FBR cuts sales tax to PKR 5 per unit for qualifying steel producers

Only 31 of more than 200 steel manufacturers meet documentation, scrap-import and FBR integration requirements for the lower rate

Pakistan registers record 5,438 new companies in July
Business

Pakistan registers record 5,438 new companies in July

IT sector leads registrations with 1,008 new firms as Punjab accounts for 51% of total incorporations

Pakistan’s government borrowing hits PKR 36.79 trillion as cash in circulation falls
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Pakistan’s government borrowing hits PKR 36.79 trillion as cash in circulation falls

Government borrowing for budgetary support rises to PKR 35.80 trillion as currency in circulation drops 2% to PKR 11.91 trillion

Tighter student visa rules put US colleges’ international enrollment at risk
World

Tighter student visa rules put US colleges’ international enrollment at risk

Fitch warns tighter visa rules could pressure enrollment and revenue, with lower-rated institutions and universities heavily dependent on international tuition facing the greatest risk