News & Updates

News Update

17

Apr 2025

Apr 17, 2025 • 5 min read

Kuwait Extends Oil Credit Facility to Pakistan for 2 More Years

Kuwait has extended its deferred oil payment facility to Pakistan for two more years. Under the arrangement, Pakistan St...

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News Update

17

Apr 2025

Apr 17, 2025 • 5 min read

Govt to Present Federal Budget 2025-26 Before Eid-ul-Azha

The federal government has decided to present the budget for the fiscal year 2025-26 ahead of Eid-ul-Azha, with plans to...

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News Update

17

Apr 2025

Apr 17, 2025 • 5 min read

Pakistan’s Real Effective Exchange Drops Further in March 2025

Pakistan’s Real Effective Exchange Rate (REER) clocked in at 101.6 in March 2025, according to latest data issued by the...

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News Update

17

Apr 2025

Apr 17, 2025 • 5 min read

Bank Loans for Cars Up 7.5% in March 2025

Auto financing in Pakistan has increased to Rs. 257.36 billion at the end of March, up from Rs. 248.82 billion in Februa...

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News Update

17

Apr 2025

Apr 17, 2025 • 5 min read

Govt Ends 31,000 More Jobs

The federal government has abolished 30,968 public sector posts and plans to eliminate another 7,724 positions in the co...

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News Update

17

Apr 2025

Apr 17, 2025 • 5 min read

Govt, Banks Agree Rs. 1.27 Trillion Deal to End Circular Debt in Energy Sector

The government of Pakistan and banks have signed the term sheet worth Rs. 1.27 trillion to end the energy sector circula...

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News Update

17

Apr 2025

Apr 17, 2025 • 5 min read

NEPRA Conducts Public Hearing on KE’s Write-Off Claims

NEPRA Wednesday concluded its hearing on the additional claims between FY17 and FY23 of unrecoverable dues against chron...

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News Update

17

Apr 2025

Apr 17, 2025 • 5 min read

Power Generation Up by 5% in March 2025

In March 2025, power generation rose by 4.8 percent year-on-year (YoY), reaching 8,409 GWh (11,302 MW), compared to 8,02...

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News Update

17

Apr 2025

Apr 17, 2025 • 5 min read

Rupee Trips Once Again Against US Dollar, Closes in Red Against All Top Currencies

The Pakistani rupee (PKR) closed in red ending its two-day win streak against the US Dollar (USD) today after opening tr...

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News Update

17

Apr 2025

Apr 17, 2025 • 5 min read

Restoring Confidence: Why Regulatory Clarity Matters for Power Sector Sustainability

Ensuring the sustainability of Pakistan’s power sector requires more than just policy reforms—it demands regulatory clar...

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News Update

17

Apr 2025

Apr 17, 2025 • 5 min read

PM Orders Complete Digitization of Economy

Prime Minister Shehbaz Sharif has directed the immediate formation of a dynamic working group to oversee the complete di...

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News Update

17

Apr 2025

Apr 17, 2025 • 5 min read

Over 600,000 Pakistanis Received High-End IT Training in FY25

Ministry of Information Technology and Telecommunication has provided general and high-end IT training to over 600,000 i...

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News Update

17

Apr 2025

Apr 17, 2025 • 5 min read

Haleon Pakistan to Appoint Qawi Naseer As New CEO

Haleon Pakistan Limited (PSX: HALEON) has decided to appoint Qawi Naseer as Chief Executive Officer of the company. The...

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News Update

17

Apr 2025

Apr 17, 2025 • 5 min read

Gas Production in Pakistan Drops by 8.4%

Gas production in Pakistan witnessed a decline of 8.4 percent during the year 2024, falling to 2,638 million cubic feet...

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News Update

17

Apr 2025

Apr 17, 2025 • 5 min read

World Bank Calls Pakistan’s Tax System Unfair and Absurd

The World Bank has strongly criticised Pakistan’s current tax framework and called it “unfair and absurd” while urging t...

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News Update

17

Apr 2025

Apr 17, 2025 • 5 min read

Mobilink Bank and JazzCash Champion Financial Literacy with Nationwide Outreach Drive Under PFLW 2025

Pakistan’s leading digital microfinance institution, Mobilink Bank, along with Pakistan’s largest fintech platform JazzC...

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News Update

17

Apr 2025

Apr 17, 2025 • 5 min read

Foreign Direct Investment in Pakistan Down 91% in March 2025

The net Foreign Direct Investment (FDI) in the country stood at $26 million in March 2025, down 91 percent over the FDI...

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News Update

17

Apr 2025

Apr 17, 2025 • 5 min read

PSX Closes in Green After Record Current Account Surplus

The 100-Index of the Pakistan Stock Exchange (PSX) turned around to bullish trend on Thursday, gaining 881.03 points, a...

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News Update

17

Apr 2025

Apr 17, 2025 • 5 min read

Pakistan Posts All Time High Monthly Current Account Surplus in March 2025

Pakistan’s current account balance posted a surplus of $1.2 billion in March 2025, according to data released by the Sta...

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News Update

17

Apr 2025

Apr 17, 2025 • 5 min read

IT Exports Hit Record High in March 2025

Pakistan’s information technology exports reached a record high of USD 342 million in March 2025, marking a 12 percent y...

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News Update

17

Apr 2025

Apr 17, 2025 • 5 min read

Gold Price Hits Rs. 350,000 Per Tola for First Time in History

Gold prices continued their upward trajectory on Thursday, setting a new all-time high in Pakistan. According to the All...

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