Prime Minister Shehbaz Sharif has called for coordinated and sustained efforts to transform Pakistan into a strong economic power, stressing that national development requires unity, reform and long-term planning across key sectors of the economy. Read More: Shehbaz Sharif pushes renewable energy drive amid power reforms Addressing ceremonies held in connection with “Marka-e-Haq,” the prime minister praised Pakistan’s armed forces […]
Pakistan economy
Pakistan Railways report 2.41 billion rupee profit
Pakistan Railways has reported a major financial turnaround, posting a profit of 2.41 billion rupees in fiscal year 2024–25. The development marks the first time in years that the national rail operator has become profitable after facing heavy losses. Officials say the improvement reflects better revenue generation and cost control measures. According to a written […]
Report says petrol consumers pay Rs145 per litre in taxes
A new analysis based on official government data has revealed that Pakistani consumers are paying nearly Rs145 per litre in taxes and levies on petrol prices. According to a report by Dubai-based consultancy Mountain Ventures, which reviewed figures from the Oil and Gas Regulatory Authority and Pakistan’s Ministry of Energy, petrol buyers are currently paying […]
Pakistan receives $1.3bn IMF tranche
Pakistan has received $1.3 billion from the International Monetary Fund under its ongoing financial assistance programmes, providing fresh support to the country’s foreign exchange reserves. In a statement, the State Bank of Pakistan confirmed the receipt of funds, saying the transfer was made under the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility […]
Petroleum levy collections cross Rs1.2 trillion in nine months
Documents presented in the National Assembly revealed that the government collected more than Rs1.2 trillion from consumers through petroleum levy during the first nine months of the current fiscal year. The figures highlighted the growing financial burden on fuel consumers as authorities continued relying heavily on petroleum-related charges to support revenue collection and manage fiscal […]
Federal government cuts tariffs at Gwadar port to boost transit trade
The federal government on Monday announced a significant reduction in tariffs at Gwadar Port as part of efforts to strengthen its position as a regional transit and transshipment hub and attract greater international shipping traffic. Read More: GPA plans 20 MW for Gwadar Port, both free zones According to Federal Minister for Maritime Affairs Junaid Anwar […]
Ahsan Iqbal links regional role to national strength
Federal Minister for Planning and Development Ahsan Iqbal has said Pakistan’s growing relevance in regional affairs is closely connected to its recent strategic and diplomatic positioning, stressing that long-term national progress now depends on economic strength and development. Read More: Ahsan Iqbal stresses engineers’ role in Pakistan’s progress Addressing an event at the Lahore Chamber of […]
Gold prices edge down in Pakistan
Gold prices in Pakistan recorded a slight decline on Saturday, offering minor relief to buyers after recent sharp fluctuations in both local and international markets. Read More: Gold prices drop by Rs2,700 in Pakistan According to the All Pakistan Gems and Jewellers Association, the price of 24-karat gold per tola decreased by Rs400, bringing the new […]
BoP chief visited FPCCI and held an interactive session with Business Community
Mr. Zafar Masud, President & CEO, The Bank of Punjab (BoP) and Chairman Pakistan Banks Association visited FPCCI and held an interactive session with the Business Community at FPCCI Regional Office Lahore, The session chaired by Mr. Zaki Aijaz, Regional Chairman and Vice President FPCCI. Mr. Manzoor ul haq Malik, Mr. Kashif Khokhar, Mr. Sardar […]
IMF decision on $1.2bn tranche expected today
Finance Minister Muhammad Aurangzeb has expressed optimism that the International Monetary Fund (IMF) Executive Board will approve Pakistan’s next $1.2 billion loan tranche during its meeting scheduled for Friday in Washington, DC. Read More: Pakistan meets most IMF targets, $1.2 billion tranche approval likely Speaking during a briefing of the National Assembly Standing Committee on Finance and Revenue, chaired […]