Pakistan’s Real Effective Exchange Rate (REER) rose to 106.15 in May 2026, up from 105.84 in April, remaining at its… Read More
Pakistan’s Fiscal Tightening Could Slow Growth: Fitch Ratings
Pakistan’s efforts to reduce its budget deficit through aggressive spending cuts could hurt economic growth in the coming years, according… Read More
Current Account Returns to Surplus as Remittances Hit Record High
Pakistan recorded a current account surplus of $459 million in May 2026, recovering from a deficit of $276 million in… Read More
Punjab Proposes Higher Tax on Restaurant Card and Digital Payments
The Punjab government has proposed a revised sales tax regime for restaurants in the Punjab Finance Bill 2026, which would… Read More
Senator Vawda Alleges Four-Company Monopoly in Auto Sector
The alleged monopoly of four companies in Pakistan’s automobile sector came under discussion at a meeting of the Senate Standing… Read More
Govt Urged to Withdraw EDB Commercial Vehicle Import Notification
The Senate Standing Committee on Finance and Revenue, chaired by Senator Saleem Mandviwalla, on Tuesday recommended that the government withdraw… Read More
Punjab Allocates Rs. 750 Billion for Education in Budget 2026-27
Punjab Finance Minister Mian Mujtaba Shujaur Rehman on Tuesday presented the provincial budget for fiscal year 2026-27, proposing an allocation… Read More
Pakistan Railways Outsources Five Passenger Trains
Pakistan Railways has outsourced the commercial operations of five passenger trains to private sector partners in agreements worth Rs. 10.75… Read More
CDA Orders Another Housing Society in Islamabad to Stop Illegal Development
The Capital Development Authority (CDA) has issued a show-cause notice to Ittefaq Residensia, a private housing scheme in Islamabad’s Zone-IV,… Read More
Pakistan Introduces New Visa Rule for Russian Nationals
Russian nationals applying for Pakistani visas will now be required to complete sponsor biometric verification through the PakID application, according… Read More
Trump Ignores Israel to Let Iran Immediately Restart Oil Exports
The United States will allow Iran to immediately begin selling oil and fuel under their latest deal aimed at ending… Read More
Threads Reaches Half a Billion Users, Adds New Personalization Features
Threads has reached 500 million monthly active users nearly three years after launching as Meta’s rival to Twitter, now known… Read More
