International donors commit over $5 billion in financing for Pakistan’s Reko Diq project, exceeding $3 billion target
Donors include Asian Development Bank, Islamic Development Bank, IFC, and US Exim Bank, with development agencies from Germany and Denmark also offering support
FBR mandates phased integration of electronic invoicing system for sales tax-registered entities
Starting Aug 1, companies must register and test systems for e-invoicing, with deadlines for different turnover categories leading up to December 1
KP issues 4,917 mining licences, military-affiliated FWO holds just one: report
Despite political narratives, official data shows military's limited involvement in Khyber Pakhtunkhwa's mining sector; province's mineral revenue hits a record Rs7.43 billion
ADB calls Pakistan’s government pension scheme “attractive” but financially unsustainable
Bank calls for pension scheme funding reforms and a stronger insurance sector to support economic stability
KP audit reveals rs354bn financial irregularities in local government funds
Audit exposes two-decade trail of mismanagement and weak oversight as over Rs354bn remains unrecovered from KP's local bodies.
Pakistan pushes green financing for EVs as banks, government align on access and affordability
New joint working group to design EV loan schemes under green taxonomy as officials urge provinces, automakers to support inclusive electric mobility
PSX rallies with KSE-100 Index up by 1,644.56 points amid market rebound
Investor optimism and sectoral strength led the KSE-100 to close 1.18% higher on Friday, with oil and gas stocks showing strong gains
Pakistan’s inflation rises to 4.1% in July 2025
Inflation sees an increase compared to June 2025, with significant year-on-year and month-on-month growth, according to PBS data
Pakistan-US trade deal seen as neutral, better than India but on par with Vietnam and Bangladesh: report
Deal will help Pakistan to remain only competitive with direct competitors, albeit no significant advantage over peers, forecasts Topline Securities
Trump tariff slashed to 19% from 29% on Pakistani goods after trade deal
Analysts believe new tariff expected to boost Pakistan’s textile exports
Pakistan to get first US oil shipment as Cnergyico seals import deal: report
Deal diversifies crude sourcing, reduces reliance on Middle Eastern suppliers; Cnergyico may import at least one US crude cargo per month, plans refinery upgrades
Govt takes control of sugar stocks, places 18 mill owners on ECL
1.9 million metric tons of sugar now under direct government supervision with FBR officials deployed at sugar mills and warehouses nationwide.
Trump hits dozens of countries’ goods with steep tariffs
India faces 25% tariff, Mexico avoids 30% tariff on non-automotive, non-metal goods; Canada hit with 35% tariff; Brazil faces 50% tariff with some exclusions; China trade deal still pending as August 12 deadline approaches
FBR surpasses July revenue target with Rs755 billion collection
Sales tax collection hits Rs302 billion, customs duty reaches Rs106 billion, but income tax falls Rs15 billion short of target
Rs111 billion penalty imposed on 13 solar panel import companies for money laundering
Customs Adjudication Authority exposes network involved in laundering Rs 120 billion through over-invoicing; 45 individuals implicated