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
Oct 24, 2026
Oct 24, 2026
Brokerages point to the October 26 monetary policy meeting, corporate earnings and rising oil prices after the KSE-100 fell 2.4% last week
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
Association says IRIS automatically carries forward old wealth balances, preventing returning residents from entering updated figures for tax year 2026
Proposed PKR 1,000 increase aims to help farmers cover rising costs, encourage cultivation and strengthen domestic wheat production
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.
The meeting came as Pakistan seeks to build on recent stabilization efforts, strengthen its sovereign credit profile and sustain economic recovery amid external-sector vulnerabilities.
How does Pakistan plan to turn economic stability into growth?
The government aims to attract private investment and boost exports by maintaining fiscal discipline, ensuring consistent economic policies and improving the business environment. Discussions with World Bank and IFC officials focused on strengthening investor confidence, mobilizing infrastructure financing and supporting structural reforms intended to create jobs and sustain economic growth.
Aurangzeb highlighted Pakistan's renewed access to international capital markets, including a recent USD 3 billion Eurobond issuance comprising bonds with maturities of 5.5 years and 10 years.
He also emphasized the importance of further sovereign credit rating upgrades to strengthen investor confidence and improve access to financing.
The finance minister stressed the need for a credible framework to maintain fiscal discipline, manage external-sector risks and create conditions for responsible, sustainable private-sector investment.
World Bank praises stabilization efforts
Sandeep Mahajan, the World Bank's regional practice director for prosperity covering the Middle East, North Africa, Afghanistan and Pakistan, congratulated Pakistan on restoring macroeconomic stability and praised the government's management of a recent crisis stemming from regional conflict, according to the statement.
Mahajan said the financial buffers built through stabilization efforts, combined with a timely policy response, had helped Pakistan manage external pressures.
World Bank officials emphasized the importance of maintaining those gains through continued reforms and effective implementation.
Policy continuity was also highlighted as essential for attracting investment and improving productivity.
Aurangzeb said a predictable policy environment and consistent implementation were necessary to sustain economic progress and encourage long-term private-sector investment.
Infrastructure financing and privatization discussed
The two sides discussed Pakistan's growth and jobs agenda, including measures to improve the regulatory environment, encourage private investment and mobilize financing for infrastructure projects.
Privatization was another focus of the meeting.
Participants discussed the importance of clear regulatory frameworks and credible arrangements following the transfer of state-owned assets to private ownership.
The meeting also included World Bank Country Director Bolormaa Amgaabazar and IFC Division Director Simon Andrews.
Both sides reaffirmed their commitment to continued cooperation on structural reforms, policy continuity and investment, with the aim of translating economic stabilization into job creation, stronger private-sector activity and improved economic opportunities for Pakistanis.
Ministry reports recovering more than PKR 712 million in fraudulent payments and receiving over 55,000 complaints about irregularities
Persistent inflation and rising price expectations strengthen the case for a 50-basis-point increase, although a rate hold remains possible
Rupee has appreciated nearly 20% in real terms since FY24 despite trading in a narrow range against the US dollar, report finds
World Bank says falling LNG import volumes cushioned rising oil costs, but expensive fertilizers and higher borrowing rates added pressure on the economy
Inflation is projected to rise to 8.2% as elevated energy prices and weather-related risks weigh on Pakistan's economic recovery
Ambitious changes to taxation, trade and investment policies could lift annual economic growth to as much as 6.9%, report says
Brent climbs to USD 111.64 a barrel after deadly attacks in Saudi Arabia, while US crude inventories fall more than expected
Muhammad Ali outlines plans involving nine power distribution companies and three airports, urging stronger exports, investment and economic reforms
Revised rates take effect October 21, offering higher returns on special savings, Behbood, short-term and Islamic savings schemes
Two Qatari cargoes arrived this month against eight a year ago, as LNG-based power generation fell 56% in September
RLNG-based electricity generation drops 56% in September as coal's share rises and fuel costs increase
World Bank figures cited in the report show private sector credit falling from 16% of GDP in 2019, highlighting Pakistan's financing constraints
Government considers private investment and restructuring of gas utilities as circular debt and supplier payments strain the sector
Talks focus on attracting American investment, improving mining technology and connecting Pakistani mineral producers with US buyers
Cabinet cut the maximum HSD spread to USD 38 per barrel, while the international spread averages USD 52.10
