Economy

Pakistan’s textile mill cuts production over rising raw material costs, cotton shortage
Top Stories

Pakistan’s textile mill cuts production over rising raw material costs, cotton shortage

Idrees Textile Mills Limited says “unfavourable market conditions” have disrupted its operations

Pakistan explores tokenization of sovereign bonds, Naya Pakistan Certificates
Business

Pakistan explores tokenization of sovereign bonds, Naya Pakistan Certificates

Finance minister says Pakistan is exploring new technologies to support economic modernization

Pakistan to import 7.2 million cotton bales in FY27 as local output falls
Business

Pakistan to import 7.2 million cotton bales in FY27 as local output falls

Domestic cotton production is projected at 6.94 million bales against the consumption of 14.15 million

Pakistan plans PKR 17T budget with IMF-backed tax hikes, subsidy cuts
Top Stories

Pakistan plans PKR 17T budget with IMF-backed tax hikes, subsidy cuts

Government pledges PKR 860 billion in new taxes as it ends fuel subsidies, raises power tariffs and speeds up privatization under IMF conditions

Pakistan's IT exports hit $3.81 billion in 10 months of FY26
Top Stories

Pakistan's IT exports hit $3.81 billion in 10 months of FY26

The 10-month number almost matches the exports recorded in the entire FY25

Pakistan's current account posts $324M deficit in April as imports surge 22%
Top Stories

Pakistan's current account posts $324M deficit in April as imports surge 22%

Goods imports jumped to $5.97 billion in April while remittances fell from March's high

FPCCI proposes sweeping tax cuts, scrapping super tax in FY27 budget proposals
Top Stories

FPCCI proposes sweeping tax cuts, scrapping super tax in FY27 budget proposals

Business body calls for exporter incentives, lower corporate taxes and higher income thresholds to boost growth and investment

Pakistan commits to no new fuel subsidies, fiscal incentives under IMF programme
Top Stories

Pakistan commits to no new fuel subsidies, fiscal incentives under IMF programme

MF report says Islamabad commits to debt reduction, market-based reforms and tighter oversight of foreign exchange and financial sectors

SECP reports surge in company registrations, foreign investment after reforms
Business

SECP reports surge in company registrations, foreign investment after reforms

Corporate registrations rise 21% in February-April 2026 as regulator expands digitization, compliance and business facilitation measures

IMF urges SBP to be ready for more rate hikes if inflation rises
Top Stories

IMF urges SBP to be ready for more rate hikes if inflation rises

Fund warns poverty and slowing growth are compounding risks to macroeconomic stability

NEPRA approves Iran electricity import tariff at 12.40 cents/kWh
Top Stories

NEPRA approves Iran electricity import tariff at 12.40 cents/kWh

The regulator clears an extension of 104MW and an additional 100MW from TAVANIR

IMF warns Pakistan faces LNG supply disruptions, rising circular debt and delayed power reforms
Top Stories

IMF warns Pakistan faces LNG supply disruptions, rising circular debt and delayed power reforms

Surplus LNG contracts, delayed DISCO reforms and mounting energy sector financial pressures weigh on Pakistan

Global bond markets tumble as Iran war and inflation push Treasury yields higher
Top Stories

Global bond markets tumble as Iran war and inflation push Treasury yields higher

US 30-year Treasury yields climb above 5.1% and Japan's 30-year yield hit 4% for the first time since 1999

U.S.-Iran talks to drive PSX next week as investor sentiment remains subdued
Top Stories

U.S.-Iran talks to drive PSX next week as investor sentiment remains subdued

KSE-100 shed 5,520 points to close another week with bearish momentum

IMF says Pakistan should let rupee absorb external shocks, continue FX market reforms
Top Stories

IMF says Pakistan should let rupee absorb external shocks, continue FX market reforms

Fund warns reserves are too low to support fixed exchange rate, flags risks in banking and microfinance sectors

After record hike, Pakistan cuts petrol, diesel prices by PKR 5 for one week
Business

After record hike, Pakistan cuts petrol, diesel prices by PKR 5 for one week

The reduction follows an up to PKR 150 per liter hike in fuel prices since March 1

SBP chief warns global uncertainty could hit Pakistan growth in FY26 final quarter
Top Stories

SBP chief warns global uncertainty could hit Pakistan growth in FY26 final quarter

SBP Governor Jameel Ahmad warns global uncertainty may drag Q4 growth and push inflation above 7%, even as Pakistan's external account strengthens

SBP launches Go Cashless campaign in 96 cattle markets for Eid-ul-Azha
Business

SBP launches Go Cashless campaign in 96 cattle markets for Eid-ul-Azha

SBP has raised digital transaction limits from May 14 to June 5 to promote cashless payments

BankIslami, EXIM Bank sign deal for Pakistan's first Shariah-compliant trade financing
Business

BankIslami, EXIM Bank sign deal for Pakistan's first Shariah-compliant trade financing

Facility to offer Riba-free export credit insurance, credit risk management to exporters

Pakistan’s tax-to-GDP ratio hits 25-year high, but IMF says tax collection still remains low
Business

Pakistan’s tax-to-GDP ratio hits 25-year high, but IMF says tax collection still remains low

IMF says Pakistan still depends on a narrow tax base, with agriculture, real estate and textiles contributing too little tax