A total of 54,000 government posts have been abolished under the federal government’s right-sizing initiative, resulting in financial savings of… Read More
Rupee Continues to Post Marginal Gains 28th Day in a Row Against US Dollar
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) 28th day in a row on Monday. Meanwhile,… Read More
Govt Plans to Exit Power Purchase Business And Eliminate Circular Debt
Energy Minister Awais Leghari on Monday announced that the government will stop buying electricity directly from producers and eliminate its… Read More
FBR Chairman Reveals Plan to Go After Pakistan’s Richest to Recover Trillions in Unpaid Taxes
Pakistan’s economic team has unveiled new structural reforms to recover trillions in unpaid taxes from top income earners after years… Read More
Pakistan’s Inflation Rises to Highest Level in A Year
Pakistan’s annual inflation increased by 6.2 percent on a year-on-year (YoY) basis in October 2025 as compared to 5.6 percent… Read More
Pakistan Sets New All-Time High Monthly Tobacco Exports Record
Pakistan has set a new monthly export record of $34 million in September 2025, according to the latest data by… Read More
Gold Prices Rise Again in Pakistan
Gold prices in Pakistan climbed on Monday, mirroring an uptick in the international market. In the local market, the price… Read More
Fauji Cement and KAPCO to Jointly Acquire 84% Stake in Attock Cement
Fauji Cement Company Limited (FCCL) has announced that its board has approved a joint acquisition, alongside Kot Addu Power Company… Read More
World Bank Urges Pakistan to Overhaul Trade Policy, Embrace Flexible Exchange Rate to Boost Exports
The World Bank has called on Pakistan to overhaul its preferential trade agreements, adopt a market-driven exchange rate, and implement… Read More
Govt Mulls Rs. 300 Billion Cut in Development Budget Amid Revenue Shortfall
The government is considering a major reduction of Rs. 300 billion in development funds for the current fiscal year, sources… Read More
HUBCO’s Thar Coal Plants Reach Project Completion Under CPEC, Set to Reward Shareholders
The Hub Power Company Ltd (HUBCO) has announced the official completion of two major coal-fired power projects in Thar, a… Read More
FBR Takes Action Against Fintech Executive Who Owns Luxury Cars
The Federal Board of Revenue (FBR) is intensifying its crackdown on tax evasion, targeting high-profile social media influencers and fintech… Read More
