FBR Reconstitutes Single Portal Committee to Streamline Sales Tax Filing Process
The Federal Board of Revenue (FBR) has restructured the Single Portal Committee to enhance the efficiency of sales tax return filings across Pakistan, creating a unified digital platform for federal and provincial taxpayers.
SBP Raises Rs492.9 Billion in Treasury Bills, Sells Rs55 Billion in 10-Year Floating Bonds Amid Strong Market Response
The State Bank of Pakistan secured Rs492.9 billion in Market Treasury Bills and Rs55 billion in 10-year Floating Rate Bonds, reflecting robust investor participation and stable yield expectations across Pakistan’s money market.
MCB Bank Targets 60% Current Account Mix, Expands Branch Network for Digital Growth
MCB Bank is accelerating its digital transformation and expanding its branch network as it targets a 60% current account mix in the coming years. Despite a decline in profit, the bank remains focused on sustainable growth and enhanced customer engagement.
MoITT and ADB Launch Pakistan’s Digital Roadmap to Boost AI Innovation and Economic Growth
The Ministry of IT, in collaboration with ADB, unveiled a comprehensive Digital Sector Roadmap for Pakistan, aiming to drive economic growth through AI, digital infrastructure, and governance. The announcement marks a significant step towards a Digital Pakistan by 2035.
SBP Foreign Exchange Reserves Increase by $22 Million, Reaching $14.52 Billion
The State Bank of Pakistan’s (SBP) foreign exchange reserves grew by $22 million, reaching $14.52 billion as of November 7, 2025. This increase comes amidst broader economic efforts to stabilize and strengthen Pakistan’s financial system.
SECP Registers 14,802 New Companies in First Four Months of FY2025–26, Reflecting Strong Investor Confidence
The Securities and Exchange Commission of Pakistan (SECP) recorded 14,802 new company registrations in the first four months of FY2025–26, highlighting digital adoption, growing entrepreneurship, and foreign investment confidence across Pakistan.
IMF Executive Board Set to Review Pakistan’s Program for $1.2 Billion Tranche on December 8
The IMF’s Executive Board will deliberate on Pakistan’s next tranche totaling $1.2 billion under the Extended Fund Facility and Resilience and Sustainability Facility on December 8, following a recent staff-level agreement.
Governor SBP Highlights Collaboration and Innovation as Key to Pakistan’s Digital Finance Future
Governor State Bank of Pakistan, Jameel Ahmad, stresses collaboration among banks, fintechs, and regulators to accelerate digital financial services, enhance inclusion, and strengthen cybersecurity at the Future of Banking Summit 2025.
NIBAF Pakistan Conducts Corporate Training on Islamic Financing Solutions for Sustainable Growth
NIBAF Pakistan organized a one-day training program on Islamic Financing Solutions for Corporate Success, equipping corporate and government professionals with Shariah-compliant strategies for sustainable growth.
Pakistan Forms Committee to Identify Sites for New Deep-Sea Ports Under Century-Long Maritime Vision
Pakistan has established a multi-agency committee to identify strategic locations for new deep-sea ports under the “Hundred Years Vision 2047–2147,” aiming to boost maritime trade, industrial growth, and regional connectivity.