Petroleum prices in Pakistan are likely to see a significant reduction for the next fortnight, with cuts of up to Rs11.85 per litre expected. The proposed relief could offer some respite to consumers amid ongoing inflationary pressures. Read More: Petrol prices in Pakistan likely to rise from December 15 Sources said the price of high-speed diesel […]
Pakistan economy
Pakistan’s total reserves reach $19.61bn
SBP-held foreign exchange reserves increased to $14.58 billion as of December 5, according to the State Bank. The central bank reported a weekly rise of $12 million. The improvement reflects steady inflows and stable external financing. Commercial banks held $5.03 billion in net foreign reserves during the same period. This pushed Pakistan’s total liquid reserves […]
Bilawal hails China-Pakistan economic ties
PPP Chairman Bilawal Bhutto Zardari praised the role of traders in improving Pakistan’s economy. He said countries like China are working with Pakistan. Bilawal emphasized that the business community must help increase exports and strengthen economic growth. Addressing industrialists and traders in Lahore, he said Pakistan’s exports are rising significantly. He urged traders to make […]
Nestlé outlines major investment boost in Pakistan
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb reaffirmed the government’s commitment to expanding Pakistan’s formal economy during a meeting with a Nestlé Pakistan delegation on Monday. He stressed that improved compliance, transparency, and tax reforms are essential for long-term economic stability as the government continues cracking down on informal markets. The minister highlighted […]
Pakistan’s current account deficit rises to $733m in FY26
Pakistan’s current account deficit has widened sharply to $733 million in the first four months of FY26, a staggering 256pc increase from last year. Fresh State Bank data shows that the deficit is being fuelled not by productive investment but by soaring imports and weakening investor confidence. Read More: Pakistan’s Import Pressure Deepens Economic Trouble Imports of […]
Pakistan’s cotton sector sinks deeper as arrivals drop and imports rise
LAHORE: Pakistan’s cotton industry is sliding into a deeper crisis as fresh data from the Pakistan Cotton Ginners Association (PCGA) reveals a decline in national arrivals and mounting pressure on the ginning and spinning sectors. Industry experts warn that without immediate policy intervention, the entire cotton value chain may face long-term damage. Read More: Cotton Output […]
Women’s empowerment is key to growth, says SBP governor
KARACHI: Women’s participation in the economy is not just a matter of equity but a catalyst for national growth, State Bank of Pakistan (SBP) Governor Jameel Ahmad said at the Pakistan Women Entrepreneurship Day 2025 event. Read More: Women’s empowerment key to tackling Pakistan’s population crisis He revealed that women’s financial inclusion has climbed to 52 […]
Business confidence rises but major economic fears persist
KARACHI: Pakistan’s business sentiment has improved sharply, yet key economic concerns continue to weigh on investors, according to the Business Confidence Survey Wave 28 released by the Overseas Investors Chamber of Commerce and Industry (OICCI). Read More: Businesses‘ confidence rises to a four-year high, Gallup Survey Despite the upbeat indicators, respondents flagged taxation, inflation, rupee […]
Rs1.2tr credit boom masks weak investment and slow GDP growth
KARACHI: Credit to Pakistan’s private sector surged to a three-year high during the first five months of the current fiscal year, crossing Rs1.2 trillion, according to State Bank data released on Monday. While the increase signals higher economic activity, bankers warn that most of the funds are being used for short-term working capital rather than […]
Oil sales fall sharply in November despite slight yearly uptick
KARACHI: Pakistan’s overall oil sales recorded a sharp decline in November, slipping 10 per cent year-on-year and 5 per cent month-on-month to 1.418 million tonnes. The drop reflects weakened consumer demand and price pressures across key fuel categories. Read More: Pakistan fuel oil exports hit record 1.4M tons in 2025 However, cumulative sales for the first five […]