Economy

Government empowers FBR for immediate tax recovery
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Government empowers FBR for immediate tax recovery

New amendment aims to accelerate revenue collection to meet current-year targets

Pakistan to issue first-ever green bonds to meet IMF climate financing condition
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Pakistan to issue first-ever green bonds to meet IMF climate financing condition

Government aims to raise PKR 30 billion through sukuk bonds for hydro projects

Pakistan launches first-ever PMI Index to boost economic insights
Business

Pakistan launches first-ever PMI Index to boost economic insights

HBL and S&P Global launch monthly indicator to track manufacturing sector’s performance

Pakistan’s foreign reserves rise to $15.25 billion amid strengthening economic position
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Pakistan’s foreign reserves rise to $15.25 billion amid strengthening economic position

SBP purchased $5 billion in foreign exchange in the first half of fiscal year

HBL sees central bank holding interest rates, eyes gradual easing in 2025
Business

HBL sees central bank holding interest rates, eyes gradual easing in 2025

Bank anticipates two rate cuts before year-end as deposits surge and earnings exceed expectations.

Pakistan’s trade deficit soars to three-year high in April
Business

Pakistan’s trade deficit soars to three-year high in April

April sees sharp increase in imports, while exports continue to decline

Pakistan finance minister pledges reforms to strengthen tax system and investor confidence
Business

Pakistan finance minister pledges reforms to strengthen tax system and investor confidence

Muhammad Aurangzeb highlights economic vision in dialogue with multinational business leaders

Poultry prices drive slight uptick in weekly inflation in Pakistan
Business

Poultry prices drive slight uptick in weekly inflation in Pakistan

Food costs rise slightly as inflation remains within central bank’s target range

Pakistan inflation eases to historic low in April
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Pakistan inflation eases to historic low in April

Inflation clocks in at 0.3%, mainly due to lower food prices

MAG to tokenize $3 billion in real estate in landmark deal with MultiBank and Mavryk
Sci-Tech

MAG to tokenize $3 billion in real estate in landmark deal with MultiBank and Mavryk

MAG is bringing luxury properties like The Ritz-Carlton Residences and Keturah Reserve onto the blockchain.

UAE defies global slowdown: IMF sees strong growth in 2025 and 2026
UAE

UAE defies global slowdown: IMF sees strong growth in 2025 and 2026

Gulf economies show varied resilience, but the UAE stands out amid global downgrades, outperforming broader MENA growth expectations.

China says open to US trade talks offer but wants tariffs scrapped
China

China says open to US trade talks offer but wants tariffs scrapped

Beijing has vowed to fight a trade war to the bitter end if needed

Pakistan government plans to waive capacity payments gradually
Pakistan Business

Pakistan government plans to waive capacity payments gradually

Measures aim to slash electricity tariffs, prioritize local resources

World Bank flags Pakistan, Sri Lanka, Bangladesh for lowest tax collections
World

World Bank flags Pakistan, Sri Lanka, Bangladesh for lowest tax collections

Informal economy, weak financial systems blamed for shortfalls

Falling global commodity prices offer relief to Pakistan’s economy, analysts say
Business

Falling global commodity prices offer relief to Pakistan’s economy, analysts say

Potential $2 billion savings on energy imports may curb inflation, boost reserves

Pakistan moves to launch 11th NFC after federal budget
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Pakistan moves to launch 11th NFC after federal budget

IMF consultations expected as govt prepares new revenue-sharing formula

Pakistan's IT exports can rise to $12 billion
Videos

Pakistan's IT exports can rise to $12 billion

Watch the video to find out what steps IT exporters want the government to take

Govt has reduced the petrol and diesel price by PKR 2 per liter each
Business

Govt has reduced the petrol and diesel price by PKR 2 per liter each

New price for petrol will be PKR 252.63 and for diesel would be PKR 256.64 respectively

New price will be effective from 12 midnight

Mass deportations threaten U.S. labor supply, credit stability: Fitch
World

Mass deportations threaten U.S. labor supply, credit stability: Fitch

Construction, meatpacking sectors most at risk; school funding could also suffer

FBR revenue shortfall surges to PKR 821 billion in ten months
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FBR revenue shortfall surges to PKR 821 billion in ten months

Despite downward revision, FBR falls short of monthly targets throughout FY25, raising fiscal concerns