Research

IMF urges faster fiscal action as debt and borrowing costs rise
Research

IMF urges faster fiscal action as debt and borrowing costs rise

Fund warns delaying adjustment will increase interest burdens, deepen fiscal vulnerabilities and leave governments with fewer policy options

IMF sees global growth slow to 3.1% in 2026 amid downside risks
Research

IMF sees global growth slow to 3.1% in 2026 amid downside risks

Inflation is projected to rise to 4.7% before easing in 2027, while energy importers outside the technology value chain face the toughest conditions

IMF sees global growth slowing to 3.1% in 2026, inflation at 4.7%
Research

IMF sees global growth slowing to 3.1% in 2026, inflation at 4.7%

October outlook sees growth recovering to 3.4% in 2027, while energy importers with limited exposure to the technology boom face the toughest conditions

Shariah-compliant securities reach 65.2% of PSX market cap
Markets

Shariah-compliant securities reach 65.2% of PSX market cap

Pakistan raised PKR 3.14 trillion through sovereign sukuk in FY26 as Islamic mutual funds outnumbered conventional funds for the first time, SECP says

Pakistan faces winter gas shortfall risk as LNG disruptions persist
Research

Pakistan faces winter gas shortfall risk as LNG disruptions persist

Uncertain Qatari deliveries, costly spot cargoes and limited scope to raise domestic production could force gas load management during peak winter demand

Pakistan's startups raise USD 74.7 million in Q3 2026, led by Fasset's unicorn round
Research

Pakistan's startups raise USD 74.7 million in Q3 2026, led by Fasset's unicorn round

Excluding Fasset, early-stage funding remains scarce at just USD 6.7 million as PSX emerges as a new exit route

Pakistan accounts for 48% of region’s extreme poor: World Bank
Research

Pakistan accounts for 48% of region’s extreme poor: World Bank

Poverty increased after repeated economic and climate shocks, while higher fuel costs and regional disruption are putting further pressure on household incomes

Pakistan pharma profits rise 28% to PKR 42.2 billion in FY26
Markets

Pakistan pharma profits rise 28% to PKR 42.2 billion in FY26

Higher prices and lower finance costs lifted listed pharmaceutical companies’ earnings, while sector sales increased 10% to PKR 377.9 billion

Thar coal switch could lift Lucky Electric dispatch, earnings: Arif Habib
Markets

Thar coal switch could lift Lucky Electric dispatch, earnings: Arif Habib

SECMC’s Phase III expansion could lower LEPCL’s generation cost, boost plant utilization and raise returns for investors in the power plant and coal mine

ICMA urges Pakistan to diversify beyond record remittances
Research

ICMA urges Pakistan to diversify beyond record remittances

Institute says USD 41.59 billion in fiscal year 2025-26 inflows strengthened external stability but cannot substitute for exports, investment and broader foreign-exchange earnings

Pakistan urea sales rise 0.9% from a year earlier in third quarter
Markets

Pakistan urea sales rise 0.9% from a year earlier in third quarter

Nine-month urea offtakes rise 4% while DAP sales fall 3%, with Engro and Fauji Fertilizer expected to report higher third-quarter earnings

Pakistan OMC sales fall 2% in September as PSO gains market share
Markets

Pakistan OMC sales fall 2% in September as PSO gains market share

Industry volumes rise 6% in the first quarter of FY2027, while PSO sales climb 12% in September and 18% during the quarter

REEV adoption could save Pakistan over USD 1 billion in fuel imports, analysts say
Markets

REEV adoption could save Pakistan over USD 1 billion in fuel imports, analysts say

Adding 30,000 range-extended electric vehicles annually over five years could displace 1.2 billion litres of petrol

Pakistan inflation seen easing to around 10% in September
Markets

Pakistan inflation seen easing to around 10% in September

Higher electricity and fuel costs are set to drive September price pressures even as Pakistan inflation forecasts point to a softer annual CPI reading

Fitch raises 2026 global growth forecast to 2.6%, warns of higher real rates
Research

Fitch raises 2026 global growth forecast to 2.6%, warns of higher real rates

Resilient US and eurozone activity and stronger Korean growth lift Fitch’s outlook, while tighter monetary policy pushes real interest rates higher

Pakistan FY27 budget faces pressure from ambitious tax target, higher costs: ADB
Research

Pakistan FY27 budget faces pressure from ambitious tax target, higher costs: ADB

The budget targets a 3.6% fiscal deficit as FBR collections are set to rise 17.6%, while defense and interest costs increase, ADB says

ADB keeps Pakistan FY27 growth forecast at 3.7%, inflation at 8.3%
Research

ADB keeps Pakistan FY27 growth forecast at 3.7%, inflation at 8.3%

Private investment and IT exports are expected to support activity, but higher energy costs, import pressures and Middle East risks cloud Pakistan’s outlook

Fitch sees crypto offerings in Islamic finance expanding, cites Malaysia and UAE
Markets

Fitch sees crypto offerings in Islamic finance expanding, cites Malaysia and UAE

Sharia scholars remain split on crypto compliance, and most rated Islamic banks have yet to build material revenue from digital-asset trading, Fitch says

ICMA urges caution on rate cuts as inflation rises ahead of SBP meeting
Research

ICMA urges caution on rate cuts as inflation rises ahead of SBP meeting

The institute says petroleum shocks can feed inflation for three to nine months and wants future rate cuts tied to easing core inflation and a stable rupee

FATF warns hawala and underground banking are fueling global money laundering
Markets

FATF warns hawala and underground banking are fueling global money laundering

A new FATF report warns that hawala and underground banking networks are increasingly exploited for money laundering, citing an Oman-Pakistan case.