Rs98.56 billion in financial irregularities identified in Economic Affairs Division due to unpaid foreign loans
Auditor General calls for recovery of foreign loans, including €67.6 million cement plant debt; highlights issues with record-keeping, unauthorised expenditures, and weak oversight of foreign-assisted projects
SBP projects faster growth, stable inflation in latest Monetary Policy Report
Central bank keeps policy rate at 11 percent; sees GDP rising up to 4.25 percent in FY26 and reserves at $15.5bn by year-end
Petrol price may rise by Rs 1.32/litre from 16th August
Diesel likely to see Rs 11.75/litre cut from August 16
PSX ends Wednesday in the red; KSE-100 drops 476 points amid profit-taking
Profit-taking dragged the KSE-100 index lower despite strong gains earlier in the session, while Moody’s credit rating upgrade signals positive market outlook
Moody’s upgrades Pakistan’s credit rating to Caa1, outlook stable
Moody’s raises Pakistan’s rating, citing improvements in external position and fiscal reforms under IMF program, but highlights ongoing risks
Planning Ministry approves Rs141 billion release for PSDP projects in Q1 FY26
New strategy for Public Sector Development Programme aims to streamline project execution and ensure steady progress
Pakistani exporters to gain competitive edge in US market after tariff reduction to 19%
Lowest reciprocal tariff in the region provides Pakistan an opportunity to boost exports to the United StatesÂ
Sindh launches SEPRA to cut Karachi’s power costs, bypassing NEPRA tariffs
New provincial authority to supply cheaper electricity via Sindh Transmission and Dispatch Company, with initial focus on industrial zones
Customs audit flags major irregularities in import of 2023 Toyota Land Cruiser under baggage scheme
Audit reveals 98.7% under-invoicing, possible misuse of overseas Pakistanis’ passports for commercial imports
SBP partners with Soramitsu to pilot digital Pakistani rupee in 2025
Collaboration aimed at improving financial inclusion and reducing cash distribution costs
US tariff hike on India opens door for Pakistan to expand aromatic rice market share
Indian basmati rice faces 50% tariff, while Pakistani rice faces 19% duties; US retailers report increased interest in Pakistani basmati rice
PSX closes flat after record intra-day high, investors take profits
KSE-100 rises by 75.48 points, fueled by optimism over US investments
Govt excludes two major CPEC hydropower projects from Indicative Generation Capacity Expansion Plan Â
Exclusion of Kohala (1,124 MW) and Azad Pattan (700.7 MW) projects sparks debate over KPK’s hydropower plans; Energy minister says projects failed to meet least-cost criteria
14 FBR officials suspended over illegal sugar release, millers manipulated prices, earned $440 million from exports, NA panel told
Committee to investigate Rs300 billion sugar windfall amid price manipulation allegations, seeks SECP records on mill directors holding at least 20% sharesÂ
IMF raises concerns over uneven identification and lack of corruption detection indicators in Pakistan
Report cites challenges such as limited access to data, absence of automated screening tools in smaller institutions, and lack of specific red-flag indicators to detect corruption; it urges Pakistan to adopt global best practices to improve the identificationÂ