Pakistan has reportedly requested a $10 billion exchange stabilisation facility from the United States in a move aimed at strengthening its foreign exchange reserves, supporting the rupee and reducing dependence on multilateral lenders. Read More: Federal government extends austerity measures to curb spending According to a Reuters report citing a source familiar with the matter, Islamabad has proposed a […]
Finance Ministry
Pakistan inflation to stay above 11% in June
Pakistan’s inflation is expected to remain in double digits during June, with the Ministry of Finance estimating the annual rate between 11% and 12% in its latest monthly economic outlook report. The forecast highlights that price pressures continue to weigh on households despite broader signs of economic improvement. The report also showed that the country’s […]
Pakistan forecasts 8.6% inflation for next fiscal year
Pakistan’s Ministry of Finance has projected an average inflation rate of 8.6 per cent for the upcoming fiscal year 2026–27, as discussions with the International Monetary Fund (IMF) continue over the country’s macroeconomic framework. Read More: Short-term inflation up by 0.47% According to official details, Pakistan and the visiting IMF mission have reached broad agreement on the […]
Govt announces early salaries and pensions before Eid-ul-Azha
The government has decided to release salaries and pensions for public sector employees before Eid-ul-Azha to help families manage expenses and prepare comfortably for the religious festival. The decision aims to provide financial relief ahead of the holidays, when household spending usually increases due to shopping, travel and other Eid-related arrangements across the country. The […]
Petroleum stocks at comfortable levels amid regional tensions
A high-level committee set up to monitor fuel prices and supply in the wake of escalating tensions in the Middle East was informed on Monday that Pakistan’s petroleum stocks remain at “comfortable levels”. Read More: PM Shehbaz forms 19-member body to stabilize fuel market According to the Ministry of Finance, the committee was constituted a […]
$250 million panda bonds delayed again as deadline missed
The government has postponed the issuance of $250 million worth of Panda Bonds for the fourth time this fiscal year, after the Finance Ministry failed to complete the required preparations on schedule. Originally planned for early February, the bond launch could not move forward due to incomplete documentation and pending approvals, although officials remain hopeful […]
Finance minister urges faster capital market development
ISLAMABAD: Finance Minister Muhammad Aurangzeb has directed the Securities and Exchange Commission of Pakistan (SECP) to accelerate the development of capital market in order to broaden financing options and strengthen investor confidence. Read More: SECP operationalises Capital Market Development Fund The directive was issued during a meeting with the SECP’s new leadership, led by Chairman Kabir […]
SOE financial losses surge threefold despite reforms
ISLAMABAD: The financial performance of Pakistan’s state-owned enterprises (SOE) continued to weaken in 2024-25 despite government claims of reforms and economic stabilisation. According to the Ministry of Finance (MoF), consolidated sector-wide financial losses surged by 302 per cent, largely driven by persistent setbacks in the power sector. Read More: SOE losses hit Rs1.9 billion daily, govt […]
NFC meeting rescheduled yet again
ISLAMABAD: After multiple delays, the federal government has finally fixed December 4 as the date for the inaugural meeting of the 11th National Finance Commission (NFC). The session, to be chaired by Finance Minister Muhammad Aurangzeb, will set the procedural groundwork for upcoming discussions on horizontal and vertical resource-sharing among the Centre and provinces. Read […]
ECC approves Rs1.2tr circular debt plan
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Friday approved an inter-corporate circular debt settlement plan, including tariff rationalisation for all six operational nuclear power plants, aligning them with other power producers and paving the way for the eventual winding up of Power Holding Limited (PHL) — a company created to manage legacy […]