Pakistan’s Non-Interest Current Expenditure Rises 18.8% in 9MFY26 Despite Lower Overall Spending ISLAMABAD – Pakistan’s non-interest current expenditure increased by 18.8 percent during the first nine months of fiscal year 2025-26, according to a report presented by the Planning Commission to the Annual Plan Coordination Committee. The increase came despite an overall decline in total…
Pakistan Sets Target of 2 Million New Jobs in FY27 to Boost Economic Growth ISLAMABAD – The federal government has announced an ambitious target of creating 2 million new jobs during the fiscal year 2026-27 as part of its broader strategy to accelerate economic growth, reduce unemployment, and improve living standards across the country. According…
Pakistan has announced a significant reduction in jet fuel prices, a move expected to provide relief to the aviation sector by lowering airline operating costs and potentially reducing airfare prices for travelers. According to aviation industry sources, the price of jet fuel used by commercial aircraft has been reduced by Rs48.80 per litre. Following the…
The federal government has announced a major reduction in petroleum prices, providing relief to consumers across Pakistan. According to an official statement issued by the Petroleum Division, petrol prices have been reduced by Rs6 per litre, while high-speed diesel prices have been cut by Rs6.8 per litre. The revised fuel prices officially came into effect…
Pakistan’s Petroleum Division has proposed major relief measures for fuel consumers in its recommendations for the federal budget 2026-27, including reducing the petroleum levy target to Rs1 trillion and lowering the levy on petrol and diesel to Rs50 per litre while international oil prices remain high. According to reports, the recommendations have been submitted to…
Flour millers in the Rawalpindi-Islamabad region have urged the Punjab government to revise its wheat and flour policy after claiming that nearly 40 percent of flour mills in the twin cities have shut down due to continuous financial losses. Industry representatives say unequal wheat distribution, rising transport costs and administratively fixed flour prices are pushing…
Pakistan’s migrant outflow witnessed a noticeable decline in 2024 as stricter visa policies and changing labour regulations in destination countries reduced overseas employment opportunities for Pakistani workers. According to the newly launched Pakistan Migration Report 2025, the number of Pakistanis leaving for work abroad fell after a sharp increase in previous years, highlighting the growing…
The International Monetary Fund has called on Pakistan to strengthen transparency and autonomy within the National Accountability Bureau as part of ongoing governance reforms. According to the IMF’s latest staff report, Pakistan is required to amend the NAB Ordinance by January 2027 to improve the process for appointing the NAB chairman and to ensure greater…
The Pakistan Stock Exchange witnessed a notable decline this week as the benchmark KSE-100 index dropped 3.2%, closing at 165,596 points. The downturn was largely driven by uncertainty surrounding the progress of US-Iran peace negotiations, which negatively impacted investor sentiment. Throughout the week, the market showed consistent volatility. The KSE-100 index lost a total of…
Pakistan has achieved a significant financial milestone with the successful issuance of its first Panda Bond, a move that signals growing investor confidence and strengthens economic ties with China. According to Finance Minister Muhammad Aurangzeb, the inaugural Panda Bond issuance marks a major step forward in Pakistan’s financial landscape. Speaking after the issuance ceremony in…
