A federal government audit has revealed that the Senate of Pakistan violated Public Procurement Regulatory Authority (PPRA) rules by procuring… Read More
Pakistan Posts Current Account Surplus of $2.1 Billion in FY25
Pakistan’s current account balance posted a surplus of $2.1 billion in the fiscal year 2024-25 (FY25), according to data issued… Read More
FBR’s Active Taxpayers List Hits Record High of 7.27 Million Filers
The Federal Board of Revenue (FBR) has confirmed that Pakistan’s Active Taxpayers List (ATL) has reached an all-time high of… Read More
PM Shehbaz Wants More Private Investment in Pakistan’s Shipping Sector
Prime Minister Muhammad Shahbaz Sharif on Thursday chaired a high-level review meeting on reforms in Pakistan’s shipping sector and the… Read More
SSGC Board Approves Agreement for LPG Extraction
Sui Southern Gas Company Limited (PSX: SSGC) has announced that its Board of Directors approved an agreement with Jamshoro Joint… Read More
Bank Loans for Buying Cars Up 20% in June 2025
Auto financing in Pakistan has increased to Rs. 277 billion at the end of June, up from Rs. 231 billion… Read More
Pakistan to Repay $23 Billion Foreign Debt This Fiscal Year
Pakistan is scheduled to repay over $23 billion in external debt during FY2025-26, including $11 billion to multilateral, bilateral, commercial… Read More
Rain Disrupts Final Day of CDA Commercial Auction
Heavy monsoon rains and flooding disrupted the final day of the Capital Development Authority’s (CDA) commercial plots auction, resulting in… Read More
Engro Fertilizers Becomes $1 Billion Listed Company
Engro Fertilizers Limited (PSX: EFERT) has crossed $1 billion in market capitalization due to the recent bull run, AKD Securities… Read More
Cabinet Committee Approves 104 Regulatory Reforms to Ease Business Compliance
The Cabinet Committee on Regulatory Reforms, chaired by Federal Minister for Investment Qaiser Ahmed Sheikh, has approved 104 out of… Read More
IMF Advises Pakistan to Raise GST Rate to Fund Development Projects
The International Monetary Fund (IMF) has rejected Pakistan’s proposal to impose a 1 percent water storage cess on all taxable… Read More
Audit Uncovers Rs. 13 Billion in Spending Violations By Law Enforcement Agencies
An audit of Interior Ministry agencies for FY2023-24 has uncovered over Rs. 13 billion in alleged procurement irregularities by Pakistan… Read More
