Finance

Punjab Budget Nears Final Stage Ahead of June 8

The Punjab government is finalizing its fiscal year 2026-27 budget, expected to be presented on June 8. The budget, with an anticipated size of Rs6 trillion, is set to...

SBP Purchases $27 Billion in Foreign Exchange Over 3.5 Years

The State Bank of Pakistan (SBP) has disclosed that it purchased approximately $27 billion from the foreign exchange...

SBP Raises Policy Rate by 100bps to 11.5%

Pakistan’s central bank has tightened its monetary stance once again, raising the policy rate by 100 basis points...

Pakistan Returns Final $1 Billion UAE Deposit Amid External Financing Pressure

Pakistan has returned the final $1 billion tranche of deposits to the United Arab Emirates (UAE), completing the...

Pakistan Receives $2 Billion from Saudi Arabia, Strengthening Economic Stability

Pakistan has received $2 billion from Saudi Arabia, with the amount deposited into the State Bank of Pakistan...
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Motorcycle Subsidy Falls Short as Rising Costs Continue to Burden Public

Pakistan’s much-anticipated motorcycle fuel subsidy has failed to deliver meaningful relief, as rising transport fares and essential costs continue to strain households. Despite government announcements...

Pakistan’s Q2 Growth Jumps to 3.9%, Bolstered by Agriculture and Services

Pakistan’s economic growth accelerated in the second quarter of the fiscal year, with GDP expanding by 3.9% year‑on‑year, official data released by the Pakistan...

Government Raises Kerosene and LDO Prices by Up to Rs68

The federal government has raised the prices of kerosene oil and light diesel oil (LDO) while keeping petrol and high-speed diesel rates unchanged for...

Oil Prices Jump Over 25% as Iran War Rattles Global Markets

Oil prices surged sharply on Monday, March 9, 2026, with global benchmarks climbing more than 25% amid escalating conflict involving Iran, the United States,...

Iran War Sends Korean Stocks Tumbling 12% in Historic Market Crash

Seoul — South Korean equities suffered their largest single-day decline in history as escalating conflict involving Iran rattled global financial markets and triggered heavy...

Finance Ministry Clarifies Pakistan’s $138 Billion External Debt Breakdown

The Ministry of Finance has issued a detailed clarification regarding Pakistan’s reported $138 billion external debt, stating that the figure includes multiple categories of...
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