Finance Minister Muhammad Aurangzeb held a series of high-level meetings with senior officials of the International Monetary Fund (IMF) in Washington, where he reviewed Pakistan’s macroeconomic performance and progress under the country’s ongoing reform programme. Read More: Finance minister to hold trade talks in Washington Finance Ministry, Aurangzeb met IMF First Deputy Managing Director Dan […]
economy
Government continues austerity measures for FY2026-27
The federal government has decided to continue its austerity policy for the 2026-27 fiscal year, introducing a fresh set of measures aimed at controlling public expenditure and improving fiscal discipline. Read More: Federal government extends austerity measures to curb spending According to a notification issued by the Ministry of Finance, the cost-cutting policy that has been in place in […]
Gold price jumps again, reaches Rs429,236 per tola
Gold prices in Pakistan continued their upward trend on Tuesday, with the price of one tola increasing by Rs4,700 to reach a new level of Rs429,236, reflecting strong gains in the international bullion market. Read More: Mbappé wins another Golden Boot, Spain’s Rodri gets Golden Ball According to the All Pakistan Gems and Jewellers Association (APGJA), […]
Federal government extends austerity measures to curb spending
The federal government has decided to continue its austerity measures during the current fiscal year as part of efforts to control public expenditure and improve fiscal discipline. Read More: Federal cabinet approves PASCO closure plan According to official sources, the federal cabinet has approved the continuation of cost-cutting measures introduced in previous years. Following the decision, […]
Gold price jumps Rs2,400 per tola in Pakistan
Gold prices continued their upward trend in Pakistan on Saturday, with the price of 24-karat gold increasing by Rs2,400 per tola, following gains in the international bullion market. Read More: Gold rate drops Rs3,600 per tola in Pakistan According to the All Pakistan Gems and Jewellers Association (APGJA), the price of one tola of gold rose to […]
Petroleum prices likely to rise in next review
Petroleum prices in Pakistan are expected to increase significantly in the upcoming fortnightly review, with high-speed diesel (HSD) likely to become up to Rs40 per litre more expensive and petrol projected to rise by around Rs10 per litre. Read More: Petrol, diesel prices rise by Rs13 The anticipated increase is linked to higher international crude oil prices […]
Finance minister to hold trade talks in Washington
Finance Minister Muhammad Aurangzeb is set to visit Washington on Saturday for a three-day trip focused on advancing trade, investment and economic cooperation between Pakistan and the United States, diplomatic sources have said. Read More: Pakistan-US trade progress to boost exports, investment: APBF During the visit, Aurangzeb is expected to hold meetings with officials from the Office […]
Pakistan seeks partnerships with US institutions to advance economy
Federal Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal has sought strategic partnerships with leading American universities, research centres and innovation institutions to strengthen Pakistan’s higher education, research, climate resilience and innovation ecosystem, saying the country was committed to building a knowledge-based economy through global collaboration. During a series of high-level engagements in […]
FBR unveils fixed tax plan for small shopkeepers
The Federal Board of Revenue (FBR) has released a draft of a new fixed tax scheme for small shopkeepers, aiming to expand Pakistan’s tax base by bringing more than three million retailers into the tax net during the current fiscal year. Issued through SRO 1109(I)/2026, the proposed scheme has been introduced under Section 99B of […]
Mastercard, BOP team up to support cashless economy, digital transformation
Senior leadership of Mastercard and The Bank of Punjab (BOP) met in Karachi to reaffirm and expand their strategic alliance aimed at supporting Pakistan’s transition towards a cashless, digitally connected and financially inclusive economy. Ms Ailish Campbell, Executive Vice President – Public Sector, headed the Mastercard delegation, which also comprised Arslan Khan, Country Manager – […]