Pakistan Stock Exchange surges past 166,000 points to set new all-time high
The Pakistan Stock Exchange crossed 166,000 points for the first time in its history, reflecting investor optimism, corporate earnings momentum, and improved geopolitical and economic sentiment.
ADB stresses reforms and disaster resilience as drivers of Pakistan’s economic growth
The Asian Development Bank projects Pakistan’s economy to expand steadily, emphasizing sustained reforms and climate resilience as crucial for long-term growth amid structural challenges and recurring disasters.
Business community criticizes government over continuation of Rs3.23/kWh DSS for six years
Pakistan’s business community has voiced strong criticism against the government for celebrating the continuation of the Rs3.23/kWh Debt Service Surcharge for six years, warning that the move unfairly burdens consumers to repay a massive Rs1.225 trillion loan.
Finance Minister Aurangzeb updates German envoy on IMF review and investment opportunities
Finance Minister Muhammad Aurangzeb briefed German Ambassador Ina Lepel on Pakistan’s IMF review mission, economic progress, and investment opportunities, reaffirming commitment to strengthen bilateral trade and cooperation.
SBP issues guidelines on resolution planning and core data requirements for banks
The State Bank of Pakistan has released guidelines on core information requirements for resolution planning, directing banks to prepare detailed data sets for orderly management of distressed institutions and strengthening financial stability.
Pakistan raises Rs209bn through Ijarah Sukuk auction amid strong investor demand
The Government of Pakistan has successfully raised nearly Rs209 billion through its latest Ijarah Sukuk auction, exceeding its target amid robust investor appetite, highlighting confidence in the country’s Islamic finance market.
OGDC receives Rs7.73bn third interest payment under circular debt settlement plan
OGDC has received its third instalment of Rs7.73 billion from Power Holding (Private) Limited under the government’s circular debt settlement plan, marking progress in clearing energy sector liabilities.
Pakistan and IMF begin talks on $7bn Extended Fund Facility and RSF reviews
Pakistan and the IMF have opened talks on the $7 billion Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF) reviews, focusing on fiscal performance, governance reforms, and anti-money laundering measures.
ICMA Centre of Excellence and BankIslami sign MoU to advance professional development and industry-academia collaboration
ICMA Centre of Excellence signs MoU with BankIslami Pakistan to promote professional development, enhance outreach, and strengthen linkages between academia and the Islamic finance industry.
Kashf Foundation renews $15M loan partnership with FMO to empower women entrepreneurs in Pakistan
Kashf Foundation secures its second $15M loan facility with FMO Dutch development bank to expand financial access for women entrepreneurs and underserved households in Pakistan.