IMF approves $7 billion bailout package for Pakistan
Two months ago, Islamabad secured a three-year EFF agreement with the IMF aimed at achieving macroeconomic stability and inclusive growth….
Economy
Follow the latest economy news, inflation updates, currency movements, interest rates, trade, taxation, employment, government budgets, energy prices, and financial policy developments from Pakistan and around the world. Get clear reporting and analysis on the economic indicators and decisions that affect households, businesses, investors, and national growth. Economic coverage commonly includes policy, jobs, trade, banks, inflation, taxes, and broader economic conditions.
Non-Filers to face THESE 15 restrictions under Pakistan’s tax overhaul
The government’s new plan includes gradually banning these stern restrictions, like foreign travel. Non-Filers to face THESE 15 restrictions under…
FBR targets non-filers starting from October 1st
Final tax notices to be issued to lakhs of non-filers as FBR seeks to boost compliance. FBR targets non-filers starting…
20 Pakistani brands slapped with fines for misleading ‘End-of-Season sales’
Brands that fail to comply may face enforcement actions under the Competition Act, 2010. 20 Pakistani brands slapped with fines…
Sindh decides to stop monthly pension payment to retired employees
The provincial government aims at reducing financial burden of pensions as a significant portion of the budget is allocated for…
Foreign Direct Investment in Pakistan increases by 51% in August
During 2MFY25, net FDI inflows rose 56 percent year-on-year (YoY) to $350 million compared to inflows of $225 million in…
PSX breaks record with 82000 points
Pakistan Stock Exchange historic high of 82,000 points, with index skyrocketing by 1,539 points PSX breaks record with 82000 points…
Pakistan cuts LNG imports from Qatar amid declining electricity demand
Pakistan’s energy crisis highlights the need for diversified energy sources and efficient management. Pakistan cuts LNG imports from Qatar amid…
Increasing donkey demand in China causes prices of donkeys to hike in Pakistan
In June 2023, the federal cabinet approved the export of donkey hides to China, alongside other goods such as cattle,…
Textile exports rise by 5.37 per cent in first two months of FY25
On a yearly basis, August 2024 saw a 12.99 per cent increase in textile exports compared to August 2023, with…