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
Pakistan receives fresh offers in TCP sugar tender as prices climb
Lowest bid at $539 per tonne; analysts question government’s sugar trade policy amid market volatility
Audit report reveals Rs28bn irregularities in Peshawar BRT
Audit uncovers financial mismanagement and contract violations in flagship transport project
Senate committee directs NEPRA to submit five-year power plant balance sheets for ROI scrutiny
Senators probe excessive profits, push for financial transparency in power sector
KP Health Card scheme faces scrutiny over Rs28 billion in financial irregularities
17 unregistered hospitals received payments under health card scheme; procurement procedures also compromised
Pakistan aims to attract major US investment in mining sector with revised tariff agreement
Commerce minister discusses potential for copper export growth, strategic development, and market expansion following tariff changes