The Pakistan Institute of Development Economics (PIDE) has recommended a national minimum wage reference benchmark of Rs. 45,000 per month… Read More
FIA Revives ‘Hack-Proof’ Pakistan Steel Mills Corruption Case
The Federal Investigation Agency (FIA) has summoned officials who previously conducted inquiries into alleged theft, corruption, and mismanagement at Pakistan… Read More
Rupee Recovers 170th Day in a Row Against US Dollar
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 170th consecutive day on Tuesday. Meanwhile,… Read More
Cement Sales Post Sharp 21% Decline Due to Weak Demand in May
Pakistan’s cement industry recorded a sharp slowdown in May 2026, with total dispatches falling 21.02 percent year-on-year to 3.84 million… Read More
IT Ministry Asks for More Than 3x Bigger Development Budget Next Fiscal Year
The Ministry of Information Technology and Telecommunications has proposed a development budget of Rs. 71.84 billion for the fiscal year… Read More
Dandot Cement Wants to Convert Heavy Debt Into Equity to Fix Balance Sheet
Dandot Cement Company Limited (PSX: DNCC) has proposed converting approximately Rs. 2.47 billion in related-party loans into equity, a move… Read More
Gold Again Rebounds Near Rs. 4.8 Lac in Pakistan After Big Increase Today
Gold prices suddenly reversed losses in Pakistan on Tuesday after international rates saw a sudden increase in today’s session. According… Read More
Business Confidence Worsens in Pakistan With 80% Investment Plans Delayed: Survey
Pakistan’s business confidence weakened significantly in the second quarter of 2026, with 70–80 percent of companies delaying or revising investment… Read More
Pakistan to Post Lowest Budget Deficit in 21 Years After Strict IMF-Backed Controls
Pakistan is expected to record its lowest fiscal deficit in 21 years during fiscal year 2025-26, with the budget gap… Read More
Development Spending Down 80%, Govt Used FY26 Budget to Control Fuel Prices
Spending under the Public Sector Development Program (PSDP) share has fallen by nearly 80 percent since FY2017-18, with a large… Read More
Rupee Starts Budget Week With Small Gains Over US Dollar
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 169th consecutive day on Monday. Meanwhile,… Read More
We Are Spending More on Bad Loans and Debt Than Our Future: Ahsan Iqbal
Federal Minister for Planning and Development Ahsan Iqbal on Monday warned that a large portion of Pakistan’s budget is being… Read More
