Pakistan’s foreign exchange reserves held by the State Bank of Pakistan rose to $17.19 billion during the week ending May 29. The increase of $43 million signals a modest improvement in the country’s external financial position. Economists, investors, and policymakers closely track reserve levels as a measure of financial stability. According to data released by […]
Pakistan economy
Weekly inflation eases as prices of some essentials decline
Pakistan recorded a slight decline in weekly inflation, according to the latest figures released by the Pakistan Bureau of Statistics, offering some relief to consumers despite continued increases in the prices of several essential commodities. Read More: Weekly SPI declines as annual inflation remains sharply elevated The bureau reported that weekly inflation fell by 0.56 per cent during the latest […]
SBP reserves rise by $43 million
Pakistan’s foreign exchange reserves increased by $43 million during the week ended May 29, 2026, according to data released by the State Bank of Pakistan. The rise pushed the central bank’s reserves to $17.19 billion, reflecting continued external sector stability. The development is significant for investors, policymakers and businesses monitoring the country’s financial position. The […]
PM Shehbaz pushes tariff reforms, orders AI upgrade
Prime Minister Shehbaz Sharif has reviewed Pakistan’s National Tariff Policy 2025–30 and directed authorities to accelerate economic reforms aimed at strengthening export-led growth. During the meeting, he emphasized that consistent policy support for industry, trade, and investment remains central to the government’s economic strategy. Furthermore, the prime minister instructed officials to modernize the National Tariff […]
Pakistan’s trade deficit widened by 17.5 percent
Pakistan’s trade deficit widened by 17.5 percent during the first eleven months of fiscal year 2025-26, reflecting continued pressure on the country’s external sector as exports declined while imports increased. Read More: Pakistan trade deficit reaches $34.76 billion According to data released by the Pakistan Bureau of Statistics, the goods trade deficit reached $34.76 billion during […]
MQM-P calls for end to petroleum levy
The Muttahida Qaumi Movement-Pakistan (MQM-P) has called on the government to abolish the petroleum levy and broaden tax collection by targeting wealthy segments of society, arguing that the current tax structure places an excessive burden on ordinary citizens. Read More: Govt undoes relief to salaried class; slaps Rs 50/litre fuel levy The demand was made by […]
Shehbaz vows people-friendly budget steps
Prime Minister Shehbaz Sharif said the upcoming federal budget will include measures aimed at providing relief to the public. The announcement matters because households and businesses are seeking support amid economic challenges. The proposed measures could affect consumers, taxpayers, and investors across Pakistan. The prime minister made the remarks during a meeting with leading industrialists […]
Government extends shop business hours nationwide till 9pm
The federal government has approved new business timings across the country, allowing shops, markets and shopping malls to remain open until 9pm nationwide. Officials said the decision aims to support economic activity while also improving public convenience during extended daylight and rising seasonal temperatures. Moreover, the decision was taken during a meeting of the Committee […]
PM Shehbaz Sharif promises public relief measures in upcoming federal budget
Prime Minister Shehbaz Sharif has said the government is incorporating measures in the upcoming federal budget aimed at providing relief to the public while continuing efforts to strengthen economic stability and growth. Read More: PM seeks bigger development budget ahead of FY27 The prime minister made the remarks during a meeting with a delegation of leading industrialists […]
Jamaat-e-Islami chief seeks tax relief for salaried class
Jamaat-e-Islami Emir Hafiz Naeemur Rehman has called on the government to abolish income tax on monthly salaries up to Rs125,000 and provide substantial relief to the country’s salaried middle class in the upcoming federal budget. Read More: JI chief says sit-in achieved its targets In a statement shared on social media, Hafiz Naeem said salaried […]