Pakistan raises $16.2 billion in external financing
Government secures significant foreign economic assistance through various sources including Saudi Arabia and IMF.
Tag
Currency
PSX Suffers Losses Amid Geopolitical Tensions
The Pakistan Stock Exchange (PSX) declined by 2,320.78 points due to escalating geopolitical tensions and rising oil prices.
Finance Minister Urges Diversification of Corporate Financing
Finance Minister Muhammad Aurangzeb calls for accelerated reforms to deepen Pakistan's corporate debt market and reduce reliance on bank lending.
IT Exports Reach Record $4.6 Billion in FY26, Textiles Stagnate
Pakistan's IT and telecom exports reached a record $4.6 billion in fiscal year 2025-26, while the textile sector stagnated at $17.93 billion.
Finance Minister Reviews Progress on National Faceless Centre and Capital Market Reforms
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chairs meetings on implementing new tax model and accelerating capital market reforms
Government Aims to Diversify Financing Sources for Businesses
Finance Minister Muhammad Aurangzeb directs regulators to fast-track reforms in Pakistan’s capital markets to reduce reliance on bank financing.
Rupee Continues Strong Performance Against Dollar
Pakistani rupee continues strong performance against US dollar for 200 consecutive days, gaining one paisa on Friday.
Finance Minister Urges Accelerated Capital Market Reforms
Pakistan’s finance minister directs accelerated capital market reforms to deepen corporate debt market, reduce reliance on bank financing.
UAE Clarifies Rules for Five-Year Multiple-Entry Tourist Visa
The UAE has clarified rules for its five-year multiple-entry tourist visa, allowing up to 90 days per visit with specific application criteria.
Pakistani rupee gains against US dollar
The Pakistani rupee strengthened by Re0.01 to close at 277.96, influenced by US inflation data and global currency trends.
Rupee Overvaluation Hits Export Sector
Pakistan’s REER reached a seven-year high, making exports less competitive and potentially widening trade imbalances.
Australian and New Zealand dollars gain as US rate hike expectations ease
The Australian and New Zealand dollars are gaining for the third week, supported by reduced US rate hike chances amid softer-than-expected US…
Gulf conflict fuels foreign investment outflow from Pakistan
Bahrain withdraws $30 million from domestic bonds, while UAE and Saudi Arabia offset the loss. Remittances remain stable but experts warn of…
Report Blames Policy Failures for PIA’s Deteriorating Performance
A National Assembly subcommittee report highlights years of policy failures and financial constraints that have significantly impacted Pakistan Internation
Pakistan’s Solar Sector Surges to 7,000 MW as Net Metering Replaced
Rooftop solar capacity in Pakistan has surged to nearly 7,000 MW. The government introduces a new net billing system to address financial…
TSMC Boosts Capital Expenditure, Eyes US$100 Billion Arizona Investment
Taiwan Semiconductor Manufacturing Company reports record earnings and raises capital expenditure guidance as it invests US$100 billion in Arizona to stay
Pakistan’s Mobile Phone Imports Reach $1.89 Billion in FY25-26
Pakistan imported $1.889 billion worth of mobile phones during FY2025-26, a 26.55 percent increase from the previous year.
Asian Stocks Fall as Oil Prices Surge on Gulf Tensions
Asian stocks declined amid concerns over semiconductor overcapacity while oil prices surged due to renewed tensions in the Middle East.
Indian shares set to open flat amid earnings reports
Key Indian companies like Reliance Industries and HDFC Bank are due to release their earnings, while oil prices hover around one-month highs.
PIA’s Fleet to Expand to 60 Aircraft Over Next Decade
Businessman Arif Habib outlines plans to expand Pakistan International Airlines’ fleet to 60 aircraft over the next decade, aiming for improved performance