ADB approves $48 million financing to advance water projects in Balochistan
Additional funding supports dam development, irrigation upgrades and watershed management across key river basins
IMF flags Pakistan’s weak fiscal controls, demands urgent reforms in cash and budget management
Fund cites gaps in Single Treasury Account oversight, budget credibility and accountability for public spending
Pakistan’s unemployment rises to 21-year high of 7.1%Â
Survey shows KP joblessness at 9.6%, Punjab at 7.3%; 5.9 million people unemployed nationwide, with 77.5% literate and 1 million degree-holders out of work
Barrick reaffirms commitment to Pakistan’s Reko Diq as market speculation swirls over possible asset split
Interim CEO says $7b copper-gold project remains a priority; lenders prepare $2.6b financing package while OGDC dismisses concerns about potential restructuring impact
PSX faces profit-taking pressure as KSE-100 slips 292 points
Oil, banking, and power sectors drag the market down amid macroeconomic uncertainty
FCCL, KAPCO seek 90-day extension for Attock Cement acquisition offer
Negotiations ongoing as acquirers request more time to finalize deal
OGRA slashes SNGPL gas price by 3% and SSGCL by 8% for FY2025-26
Regulator lowers prescribed prices for both gas utilities; final consumer tariffs await federal approval
Sugar retail prices climb to Rs215 per kg despite start of crushing season
Karachi retailers charge Rs210–215 per kg as wholesale rates hit Rs180–204 amid supply curbs, stalled deliveries
KSE-100 edges down 119 points after volatile, range-bound session
Index swings between gains and losses as futures expiry keeps investors cautious
Cabinet committee clears new board appointments across major SOEs
CCoSOEs approves directors for ZTBL, PQA, SNGPL, SMEDA and engineering firms
Pakistan’s rooftop solar output to exceed grid demand in some hubs next year
Country’s emissions and some power bills have declined, even as electric utilities face weak demand and rising debt, with the climate ministry warning that Lahore could soon see negative power demand.
IMF flags serious audit gaps, warns weak oversight puts Rs40 trillion in public funds at risk
Fund notes absence of chief internal auditors, 1,500-staff shortage at AGP, 6,000 audit reports pending follow-up, and 75% of 34,000 recommendations still awaiting PAC review
US Exim Bank to extend $1.25bn loan for Reko Diq as part of $100bn global supply-chain plan
Initial financing tranche includes Pakistan, Egypt and Europe, with the bank preparing major investments in critical minerals, nuclear energy and natural gas
Govt moves to set up federal cybersecurity authority
Ministry of Information Technology prepares initial draft of Cybersecurity Act and circulate it among stakeholders for review
PM reconstitutes ECC, adds investment minister to key economic body
Revised committee expands to eight ministers and 18 co-opted members with a mandate covering urgent economic decisions, price stability and sectoral growth