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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Government Plans 20% Excise Duty on Imported Mobile Phones

The Government of Pakistan is considering the introduction of a 20% excise duty on imported mobile phones, a proposal aimed at increasing revenue and...

PTCL Losses Widen to Rs10.46 Billion in FY25 Amid Financial Strain

Pakistan Telecommunication Company Ltd (PTCL) reported a net loss of Rs10.46 billion for the fiscal year 2024-25, marking a significant widening of its deficit...

UAE Rolls Over $2 Billion Loan to Pakistan for Another Two Months

The United Arab Emirates has agreed to roll over a $2 billion loan to Pakistan for another two months, providing temporary relief to the...

Cement Sales Jump 12.5% in January as Exports Rebound Strongly

Pakistan’s cement sector recorded a robust performance in January 2026, with total dispatches rising 12.54 percent year-on-year, largely due to a sharp rebound in...

Every Pakistani Now Owes Over Rs 333,000 as National Debt Climbs

Pakistan’s national debt burden has continued to rise, with the latest government and central bank figures showing that per capita public debt now exceeds...

Federal Government Urges Provinces to Boost Tax Collection

The federal government has formally urged provincial governments across Pakistan to enhance tax collection efforts in their jurisdictions, as part of broader efforts to...
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