ISLAMABAD: Pakistan’s state-owned enterprises (SOEs) faced further financial pressure during the first half of fiscal year 2025-26 as government support increased while their overall contribution to the national exchequer declined sharply. According to official data presented before the Cabinet Committee on State-Owned Enterprises (CCoSOEs), the government provided Rs804 billion in financial support to SOEs between…
Pakistan’s inflation rate surged to 11.7 percent in May 2026, reaching its highest level in 22 months and raising concerns about the country’s economic outlook. According to data released by the Pakistan Bureau of Statistics (PBS), headline Consumer Price Index (CPI) inflation increased from 10.9 percent in April to 11.7 percent in May on a…
The State Bank of Pakistan (SBP) has officially finalized the designs for new currency notes and submitted them to the federal cabinet for approval. According to SBP Governor Jameel Ahmad, this initiative aims to modernize Pakistan’s currency system while introducing advanced security features to prevent counterfeit activities. The announcement was made during a meeting with…
Pakistan’s refining sector has recorded a significant 13% year-on-year increase in throughput in March 2026, reaching 972,000 tons, ensuring stable fuel supply across the country despite global market disruptions. According to industry data, the rise in refinery output was primarily driven by increased production of motor spirit (petrol) and high-speed diesel. Petrol production grew by…
