Bold, sustained and people-centered reforms needed to reduce poverty in Pakistan: World Bank
National poverty rate, which fell from 64.3% in 2001-02 to 21.9% in 2018-19, starts rising again in 2020 due to a series of compounding shocks including inflation, floods, and macroeconomic stress
Pakistan floods batter fields, factories and fiscal plans
Analysts warn the impact could be deeper than in 2022; 220,000 hectares of rice fields are flooded, wheat sowing faces risks, and cotton shortfall affects the textile sector
Pakistan plans $750 million inflows through Panda Bond, commercial financing
Govt seeks $300-500 million through Deutsche Bank and Standard Chartered to repay Eurobond due on September 30, and $250 million from China's Panda Bond
Pakistan seeks tariff concessions on 700 items from China under CPFTA Phase III
National Assembly committee stresses need for value-added exports, stronger accountability, and resolution of SRO 760 to boost trade
CCP accuses PTCL of withholding data, blocking scrutiny causing delays in Telenor merger
CCP tells warns senate committee about PTCL’s history of collusive practices, abuse of dominant position, and tendency to challenge PTA regulations
PSX experiences volatile trading, closes lower by 500 points
KSE-100 index dips amid IMF review expectations and market pressure
Trump’s H-1B visa crackdown upends $283 billion Indian IT industry’s playbook
India received 71% of H-1B visas last year, far ahead of China at 11.7%, U.S. government data shows
US urges Pakistan to allow parliamentary oversight of defence and intelligence budgets
2025 Fiscal Transparency Report highlights gaps in budget publication, debt disclosure, and oversight while commending audit independence
Govt allocates 222 MMCFD indigenous gas to three fertiliser plants to stabilise urea, DAP prices
Revised Mari Gas Field allocation aims to support domestic fertiliser production, rationalise gas usage, and maintain affordability
Trump to impose $100,000 fee per year for H-1B visas, in blow to tech
H-1B visas mainly used by tech sector; Microsoft and JPMorgan advise holders to stay in US; over 70% of beneficiaries come from India; latest step in Trump’s broader immigration crackdown
Supreme Court allowed to form own project approval body for schemes up to Rs1 billion
SC can now approve development projects independently, but NEC moratorium may delay implementation
Ufone-Telenor merger expected to be completed in two weeks, CCP tells Senate committee
Senator Afnanullah says Pakistan faces external pressure to delay data protection legislation; PTA chief confirms Pakistani citizens’ data frequently appears on the dark web, including a leak affecting around 300,000 Hajj applicants
FBR rules out mini-budget, no new taxes under review
FBR chairman says flood-related damages being assessed, tax target for 2025-26 unchanged
Pakistan extends airspace ban on Indian flights until October 24
Restriction follows April’s Pahalgam attack fallout; NOTAM confirms ban covers all civilian and military aircraft
Government finalizes plan for RLNG connections to households across Pakistan
New initiative to provide affordable, clean energy with streamlined application process