Pakistan Stock Exchange (PSX) closed slightly higher on Monday as late-session buying helped the benchmark index recover from early losses. The KSE-100 Index gained 124.95 points, ending at 175,927.74 despite continued geopolitical concerns. The market faced heavy selling pressure at the opening due to rising tensions between the United States and Iran. The benchmark index […]
Pakistan economy news
Finance minister announces relief package for youth loans
Finance Minister Muhammad Aurangzeb has announced new easy loan and financing opportunities for the youth under the federal budget. He said the government is expanding access to credit for young people and farmers. The initiative is aimed at promoting entrepreneurship and economic participation. It is part of broader youth development efforts. The finance minister made […]
Govt proposes higher petroleum levy targets
The government has proposed a significant increase in petroleum levy targets for the upcoming fiscal year. The proposal was presented by Finance Minister Muhammad Aurangzeb during the National Assembly budget session. The move is part of broader efforts to boost non-tax revenue. It reflects a shift toward higher indirect revenue collection. According to budget details, […]
Govt proposes 7pc raise in salaries and pensions, budget tabled
The federal government has presented a Rs18,771 billion budget for the upcoming fiscal year in the National Assembly. Finance Minister Muhammad Aurangzeb tabled the budget, highlighting economic reforms, development priorities, and tax adjustments. The budget also includes relief measures for salaried individuals and pensioners. It is the government’s third budget and outlines key fiscal targets. […]
Aurangzeb presents Rs18.7 trillion federal budget
Finance Minister Muhammad Aurangzeb has presented a federal budget worth over Rs18 trillion in the National Assembly. The budget outlines major spending priorities including defence, debt servicing, and development. The announcement came during a heated budget session in Islamabad. The proposals are expected to shape Pakistan’s economic direction for the coming fiscal year. The finance […]
Pakistan trade deficit reaches $34.76 billion
Pakistan’s trade deficit widened to $34.76 billion during the first 11 months of fiscal year 2025-26, according to official data. The growing gap reflects rising imports and falling exports, increasing pressure on the country’s external accounts. Businesses, policymakers, and foreign exchange markets are among those most affected by the trend. Data released by the Pakistan […]
Aurangzeb promises relief-focused federal budget
Federal Finance Minister Muhammad Aurangzeb said the government is trying to minimise the financial burden on citizens in the upcoming federal budget. He stated that authorities are focusing on economic stability while continuing efforts to reduce inflation. His remarks came during a media interaction in Kamalia. Aurangzeb said the government plans to prioritise enforcement and […]
Pakistan lifts Eid business restrictions
The federal government on Monday lifted nationwide business-hour restrictions ahead of Eidul Adha, allowing commercial centres to operate without time limits. Prime Minister Shehbaz Sharif approved the exemption until May 31, enabling shops and markets to function freely. The decision matters as it supports trade activity and eases public access during the peak festive shopping […]
Dar leads budget tax policy review
Deputy Prime Minister and Foreign Minister Ishaq Dar on Thursday chaired a high-level meeting to review tax policy proposals for the upcoming federal budget. The session focused on designing balanced measures to support economic growth while expanding the tax base. The development is part of ongoing efforts to shape Pakistan’s fiscal strategy for the next […]
Pakistan and EU expand trade, investment cooperation
Pakistan and the European Union have agreed to strengthen trade relations and expand investment cooperation during a high-level meeting in Islamabad. The development is important as the EU remains Pakistan’s largest trading partner and a key destination for exports. Both sides aim to deepen economic ties amid regional and global economic challenges. Prime Minister Shehbaz […]