Sunday, December 21, 2025

World Bank approves $700 million for Pakistan’s fiscal reforms and service delivery enhancement

Public Resources for Inclusive Development program will support both federal and provincial reforms, with a focus on mobilizing domestic revenue and improving spending efficiency

Centre paid Rs6.57 trillion to KP, including NFC share, War on Terror compensation, finance ministry says

Rs5.87 trillion paid under NFC Award, Rs482.78 billion for oil and gas royalties, Rs704 billion for merged regions, and Rs117.17 billion for IDPs

Commerce ministry considers one-time movement of commercial cargo under transit trade with Afghanistan

600 vehicles remain stranded at various locations; Stakeholders warn of millions in daily losses from detained containers and stranded vehicles, with Rs1.8bn in port charges and Rs3bn in security deposits locked.

Pakistan seeks IMF concessions to remove growth barriers, explores exit options

Review reveals inadequacy of current economic structure in attracting foreign investment and supporting long-term growth; Finance minister initiates discussions with ministries for reform roadmap

Pakistan set to launch inaugural $250 million Panda Bond in January, part of $1 billion program

Finance minister reviews the preparations for the Panda bond issuance progress, with the launch pending final regulatory approvals from Chinese authorities

IMF warns of persistent macroeconomic vulnerabilities despite recent improvements

Binici emphasises the need for continued reforms to ensure long-term economic stability and resilience

Lucky Cement board clears consortium’s bid for PIA privatisation

The board of Lucky Cement Limited has approved the company’s participation, as part of a consortium, in the ongoing privatisation process of Pakistan International...

Mobile phone imports jump over 40% in FY26’s first five months, SBP payments far lower

SBP data shows $104.5m in import payments despite $801m trade value

Federal govt spends just Rs92 billion out of Rs1 trillion allocated for development in 5MFY26

Only 9.2% PSDP funds utilised in July–November FY2025-26; Rs55.24bn spent on infrastructure, Rs30.43bn on transport and communication, Rs3.52bn on energy and Rs14.28bn on water projects

ECC approves Rs200 billion equity injection for Discos to address cash flow constraints 

Rs227bn in overall grants approved; Rs5.76bn for Danish Schools in AJK, GB and Balochistan; Rs5.19bn for uplift schemes under SDGs Programme in Sindh and KP; Rs170.4bn for PTDC budget; Rs4.775 billion for payments to 945 families of missing persons; Revised PC-I for construction of 104 additional family suites for Parliamentarians also cleared

PM forms steering body, four working groups to remove bottlenecks in WB, ADB-funded projects

Steering Committee to provide strategic oversight, approve reform recommendations and monitor implementation through quarterly reviews; Working groups to address procurement, land acquisitions, approvals and staffing delays

Pakistan’s textile exports slip in November despite modest growth in 5MFY26

Textile and apparel exports rise 2.8% to $7.84bn in 5MFY26, but fall 2.7% YoY and 11.7% MoM in November; Knitwear exports fall 4.9%, bedwear 3.4%, towels 6.3% and cotton yarn 25.6% in November, while readymade garments rise 9.2%

KSE-100 hits new all-time high as buying lifts index nearly 1,650 points

Lower PIB yields, current account surplus support investor sentiment

Pakistan forex reserves jump past $21bn after IMF inflows

SBP holdings rise by $1.3bn in a week, strengthening external buffers and near-term stability

Pakistan’s IT exports rise 14% in November to $356 million, five-month total hits $1.8 billion

SBP’s higher retention limit and overseas equity investment facility support inflows; government targets $5bn IT exports in FY26