KARACHI — Rising tensions in the Gulf region have triggered a noticeable withdrawal of foreign investment from Pakistan, with millions of dollars exiting domestic bond markets in recent days, according to data released by the State Bank of Pakistan. Read More: Russia, China urge diplomacy amid Gulf tensions The central bank’s figures show that approximately $20 […]
Pakistan economy
PSX rebounds strongly as KSE-100 jumps over 2,000 points
The Pakistan Stock Exchange recorded a strong recovery on Tuesday as investor confidence returned after a sharp decline in the previous session. The benchmark KSE-100 Index surged by more than 2,000 points during early trading, briefly touching the 151,000 mark and signaling renewed optimism in the market. Earlier, the market had faced heavy selling pressure […]
Gold prices post slight increase across Pakistan
Islamabad — Gold prices recorded a modest increase across Pakistan bullion markets, reflecting a similar upward trend in the international market. According to the All Pakistan Gems and Jewellers Association, the price of gold per tola rose by Rs1,000, reaching Rs523,762. Meanwhile, the price of 10 grams of gold increased by Rs857 to settle at […]
Govt holds fuel prices steady despite global oil surge
ISLAMABAD — Prime Minister Shehbaz Sharif announced on Friday that the government has decided not to increase petroleum product prices despite a sharp rise in global oil rates, saying the move is aimed at easing the financial burden on citizens. وزیرِ اعظم محمد شہباز شریف کا عالمی منڈی میں تیل کی مزید قیمتیں بڑھنے کے […]
IMF, Pakistan fail to reach staff-level agreement on review
ISLAMABAD: The International Monetary Fund (IMF) on Thursday confirmed that its mission could not reach a staff-level agreement (SLA) with Pakistan on the third review of the country’s $7 billion Extended Fund Facility (EFF) and the second review of the Resilience and Sustainability Facility (RSF), although discussions made considerable progress. Read More: Pakistan, IMF reach deal over […]
PM Shehbaz announces austerity measures amid global fuel crisis
Prime Minister Shehbaz Sharif on Monday announced a series of austerity and cost-saving measures, warning that Pakistan is facing economic pressure due to the global fuel crisis triggered by the ongoing conflict in the Middle East. In a televised address from Islamabad, the premier said the escalation of hostilities involving the United States, Israel and […]
Fuel prices jump as Pakistan shifts to weekly review
Pakistan’s federal government has sharply increased petrol and diesel prices and announced a shift to weekly fuel price reviews amid rising global oil costs triggered by escalating tensions in the Middle East. Speaking at a press conference in Islamabad, Petroleum Minister Ali Pervaiz Malik confirmed that petrol prices had been raised by Rs55 per litre, […]
ECC approves revised power agreements to cut long-term costs
The Economic Coordination Committee (ECC) of the cabinet has approved revised agreements with several power producers aimed at reducing long-term financial liabilities in the country’s energy sector. The decision, taken during a meeting chaired by Finance Minister Muhammad Aurangzeb in Islamabad, is expected to generate significant savings while clearing outstanding dues to power producers. Read […]
CDWP clears Rs123bn development projects
Pakistan’s Central Development Working Party (CDWP) on Thursday approved 11 development projects with a combined estimated cost of more than Rs123 billion, covering sectors including education, health, infrastructure and agriculture. Read More: CDWP approves 8 mega development projects, 1 forwarded to ECNEC The meeting was chaired by Planning Minister and Deputy Chairman of the Planning Commission […]
PM Shehbaz calls for reduction in direct taxes to boost business growth
Shehbaz Sharif on Wednesday called for reducing direct taxes across all sectors in the upcoming federal budget, emphasizing the need to support business, attract investment, and accelerate economic growth. Read More: Pakistan Pushes for Tax Relief to Boost Growth Speaking at the Pakistan Governance Forum 2026 in Islamabad, the prime minister said the government must shift its focus […]