Economy

Pakistan spends just 10.4% of development budget in four months
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Pakistan spends just 10.4% of development budget in four months

Federal development spending reaches only PKR 103.88 billion against a PKR 1 trillion allocation despite PKR 412.29 billion being authorized

Pakistan petrol price falls nearly PKR 40 per liter as global oil prices decline
Markets

Pakistan petrol price falls nearly PKR 40 per liter as global oil prices decline

Petrol becomes 10.6% cheaper and diesel falls 7.9% since October 31 as easing US-Iran tensions push international crude prices lower

FBR offers late filers PKR 25,000 waiver with property restriction
Business

FBR offers late filers PKR 25,000 waiver with property restriction

Individuals can join the Active Taxpayer List without paying the surcharge by undertaking not to acquire property for six months

Sukuk liquidity stabilizes but remains below pre-Iran war levels: Fitch
Markets

Sukuk liquidity stabilizes but remains below pre-Iran war levels: Fitch

Investment-grade sukuk remain more liquid than lower-rated instruments, with market conditions varying across countries, sectors and currencies

Pakistan drops minimum price in fresh sugar export tender
Markets

Pakistan drops minimum price in fresh sugar export tender

TCP seeks international buyers for approximately 108,000 metric tons of surplus sugar after an earlier tender with a USD 660-per-ton minimum price attracted no bids

Pakistan's remittances rise 14% to USD 14.77Bn in July-October
Pakistan Business

Pakistan's remittances rise 14% to USD 14.77Bn in July-October

October inflows reach USD 3.89 billion, up 14% year over year, with Saudi Arabia remaining the largest source

Bitcoin shows resilience after USD 6.3 billion Binance hack: Fitch
Markets

Bitcoin shows resilience after USD 6.3 billion Binance hack: Fitch

Cryptocurrency falls 6% following major theft, a smaller decline than in previous crises, as Fitch sees signs of improving market liquidity

Banks' government securities holdings surge to PKR 42.56Tn
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Banks' government securities holdings surge to PKR 42.56Tn

Investments climb 477% since 2018, highlighting banks' dominant role in government borrowing and concerns over private-sector credit

Govt plans new auto levy on 1,000cc-plus vehicles to offset PKR 85 billion EV tax relief
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Govt plans new auto levy on 1,000cc-plus vehicles to offset PKR 85 billion EV tax relief

EVs up to USD 50,000 would keep a 1% sales tax instead of the 18% the IMF sought, according to official documents and sources

First LPG committee meeting sets 20-ton daily cap for auction bidders
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First LPG committee meeting sets 20-ton daily cap for auction bidders

Under the framework approved on November 4, 90% of indigenous LPG will be auctioned and 10% given to state-owned marketers

OGDCL targets 8%–10% production growth in FY27 despite field declines
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OGDCL targets 8%–10% production growth in FY27 despite field declines

Pakistan's largest oil and gas producer plans new drilling and exploration projects as pipeline bottlenecks constrain output from key fields

Pakistan to resume offshore exploration as Turkish seismic vessel arrives in November
Business

Pakistan to resume offshore exploration as Turkish seismic vessel arrives in November

The vessel is expected in Karachi between November 17 and 20, marking the revival of Pakistan’s offshore exploration efforts after nearly two decades

Pakistan targets 100% digital payments as PM seeks roadmap
Business

Pakistan targets 100% digital payments as PM seeks roadmap

PM Shehbaz Sharif directs authorities to set clear timelines for a cashless economy, with most government departments expected to complete digitization by December

Pakistan's trade deficit widens 19.7% to USD 3.88 billion in October
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Pakistan's trade deficit widens 19.7% to USD 3.88 billion in October

Imports rise 11.8% year over year, outpacing export growth of 2.8%, while the July-October FY27 trade deficit increases 16%

Pakistan's external debt nearly doubles to USD 135.1 billion over decade
Pakistan

Pakistan's external debt nearly doubles to USD 135.1 billion over decade

World Bank data show China remains Pakistan's largest bilateral creditor, while new borrowing from private lenders carries significantly higher interest rates

Wall Street loses USD 3.2Tn as AI stocks plunge after Democratic midterm sweep
Markets

Wall Street loses USD 3.2Tn as AI stocks plunge after Democratic midterm sweep

Nasdaq 100 tumbles 6.4% as investors fear tighter regulation and a slowdown in spending on AI infrastructure

Why gold plunged and what comes next?
Pakistan

Why gold plunged and what comes next?

Investors must not panic and should wait.

SECP registers 5,003 companies in October, with IT sector leading
Markets

SECP registers 5,003 companies in October, with IT sector leading

Nearly all new registrations were completed online, bringing Pakistan's total registered companies to 321,794

Pakistan's Apna Ghar housing loan disbursements reach PKR 104 billion
Business

Pakistan's Apna Ghar housing loan disbursements reach PKR 104 billion

More than 220,000 applications have been received under the housing program, with approved financing totaling PKR 533 billion

Pakistan gets USD 4.3 billion loan rollover assurances from China, Kuwait
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Pakistan gets USD 4.3 billion loan rollover assurances from China, Kuwait

Saudi Arabia has separately extended a USD 3 billion facility as Pakistan works to meet its external debt obligations for FY27