Economy

Pakistan stocks face volatile week as interest rate decision looms
Markets

Pakistan stocks face volatile week as interest rate decision looms

Brokerages point to the October 26 monetary policy meeting, corporate earnings and rising oil prices after the KSE-100 fell 2.4% last week

Pakistan petrol falls PKR 8.59 per liter over week despite global oil rally
Markets

Pakistan petrol falls PKR 8.59 per liter over week despite global oil rally

Diesel also declines by PKR 3.30 as the latest revisions leave petrol at PKR 377.71 and diesel at PKR 393.66 per liter for October 24–26

Karachi Tax Bar urges FBR to fix wealth statement filing issue for returning residents
Pakistan

Karachi Tax Bar urges FBR to fix wealth statement filing issue for returning residents

Association says IRIS automatically carries forward old wealth balances, preventing returning residents from entering updated figures for tax year 2026

Pakistan proposes wheat price of PKR 4,500 per maund for 2027
Business

Pakistan proposes wheat price of PKR 4,500 per maund for 2027

Proposed PKR 1,000 increase aims to help farmers cover rising costs, encourage cultivation and strengthen domestic wheat production

Pakistan seeks investment-led growth after economic stabilization, Aurangzeb tells World Bank
Top Stories

Pakistan seeks investment-led growth after economic stabilization, Aurangzeb tells World Bank

Pakistan aims to turn its recent macroeconomic stability into sustainable, investment-led and export-driven growth by maintaining fiscal discipline, ensuring policy continuity and strengthening investor confidence, Finance Minister Muhammad Aurangzeb said Friday.

Aurangzeb made the remarks during a meeting with senior World Bank and International Finance Corporation (IFC) officials to discuss Pakistan's economic reform agenda, private-sector investment and priorities for financing infrastructure development, according to a Finance Division statement.

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Pakistan removes 2.25 million ineligible beneficiaries from BISP
Pakistan

Pakistan removes 2.25 million ineligible beneficiaries from BISP

Ministry reports recovering more than PKR 712 million in fraudulent payments and receiving over 55,000 complaints about irregularities

Pakistan's central bank may raise interest rate to 12%: Bloomberg
Markets

Pakistan's central bank may raise interest rate to 12%: Bloomberg

Persistent inflation and rising price expectations strengthen the case for a 50-basis-point increase, although a rate hold remains possible

Stable rupee eroding Pakistan's export competitiveness, World Bank warns
Research

Stable rupee eroding Pakistan's export competitiveness, World Bank warns

Rupee has appreciated nearly 20% in real terms since FY24 despite trading in a narrow range against the US dollar, report finds

Pakistan's crude oil import bill surges 46.4% as Middle East conflict drives up costs
Research

Pakistan's crude oil import bill surges 46.4% as Middle East conflict drives up costs

World Bank says falling LNG import volumes cushioned rising oil costs, but expensive fertilizers and higher borrowing rates added pressure on the economy

Pakistan's GDP growth to reach 3.8% in FY27 amid Middle East conflict: World Bank
Research

Pakistan's GDP growth to reach 3.8% in FY27 amid Middle East conflict: World Bank

Inflation is projected to rise to 8.2% as elevated energy prices and weather-related risks weigh on Pakistan's economic recovery

World Bank says reforms could triple Pakistan's per capita income by 2050
Research

World Bank says reforms could triple Pakistan's per capita income by 2050

Ambitious changes to taxation, trade and investment policies could lift annual economic growth to as much as 6.9%, report says

Oil climbs above $111 as Middle East attacks raise supply fears
Markets

Oil climbs above $111 as Middle East attacks raise supply fears

Brent climbs to USD 111.64 a barrel after deadly attacks in Saudi Arabia, while US crude inventories fall more than expected

Pakistan pursuing privatization of 17 state-owned entities, adviser says
Top Stories

Pakistan pursuing privatization of 17 state-owned entities, adviser says

Muhammad Ali outlines plans involving nine power distribution companies and three airports, urging stronger exports, investment and economic reforms

Pakistan raises National Savings profit rates, regular income certificates reach 12.12%
Business

Pakistan raises National Savings profit rates, regular income certificates reach 12.12%

Revised rates take effect October 21, offering higher returns on special savings, Behbood, short-term and Islamic savings schemes

Pakistan receives second Qatari LNG cargo of October as supplies stay far below last year
Business

Pakistan receives second Qatari LNG cargo of October as supplies stay far below last year

Two Qatari cargoes arrived this month against eight a year ago, as LNG-based power generation fell 56% in September

Pakistan turns to coal, domestic gas as Qatari LNG supplies decline
Top Stories

Pakistan turns to coal, domestic gas as Qatari LNG supplies decline

RLNG-based electricity generation drops 56% in September as coal's share rises and fuel costs increase

Pakistan's private sector credit falls to 12% of GDP, well below regional peers: UNDP
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Pakistan's private sector credit falls to 12% of GDP, well below regional peers: UNDP

World Bank figures cited in the report show private sector credit falling from 16% of GDP in 2019, highlighting Pakistan's financing constraints

Pakistan weighs gas sector deregulation, privatization as liabilities reach PKR 5.45 Tn
Business

Pakistan weighs gas sector deregulation, privatization as liabilities reach PKR 5.45 Tn

Government considers private investment and restructuring of gas utilities as circular debt and supplier payments strain the sector

FPCCI, US Embassy explore investment cooperation in Pakistan's mining sector
Top Stories

FPCCI, US Embassy explore investment cooperation in Pakistan's mining sector

Talks focus on attracting American investment, improving mining technology and connecting Pakistani mineral producers with US buyers

Lower diesel crack spread cap to squeeze refinery earnings
Markets

Lower diesel crack spread cap to squeeze refinery earnings

Cabinet cut the maximum HSD spread to USD 38 per barrel, while the international spread averages USD 52.10