NIBAF Pakistan Hosts One-Day Training on Financial Inclusion Opportunities in Multan
NIBAF Pakistan conducted a one-day training in Multan on financial inclusion, highlighting opportunities for banks to serve underserved markets, expand outreach, and adopt sustainable inclusive banking strategies.
Soneri Bank Names Ahsan Mushahid Siddiqui as President and CEO Effective April 2026
Soneri Bank appoints Ahsan Mushahid Siddiqui as new President and CEO effective April 2026, pending State Bank approval, as Muhtashim Ahmad Ashai completes his tenure after leading the bank since 2020.
UBL Launches AI Voice Command Banking in Digital App With Urdu and English Support
UBL introduces an AI-powered Voice Command feature in its digital banking app, enabling customers to transfer funds, pay bills, and check statements using spoken instructions in English and Urdu with built-in security confirmation.
Finance Division Releases Provisional Budget Ceilings for FY27 Highlighting Defence, FBR and Social Sector Spending
Pakistan’s Finance Division releases provisional budget ceilings for FY27, detailing allocations for defence, FBR, education, health, social protection, and foreign missions as part of early federal budget planning.
Pakistan ECC Approves Over Rs66 Billion in Supplementary Grants Including Urea Subsidy and Public Health Funding
Pakistan’s Economic Coordination Committee approves over Rs66 billion in supplementary grants covering fertilizer subsidies, wheat stock management, public health immunization funding, infrastructure development, and utility sector liabilities, signaling broad fiscal support across key national sectors.
Pakistan Government Evaluates Energy Costs to Boost Textile Industry Exports
The Pakistani government is reviewing energy costs and operational factors affecting textile exporters, aiming to enhance competitiveness, sustainability, and growth within the ongoing economic reform framework.
Stock Ifyy Granted SFA License to Offer Shariah-Compliant Investment Advisory in Pakistan
Stock Ifyy Pvt. Ltd. has received its Securities and Futures Advisor (SFA) License, enabling the firm to expand Shariah-compliant advisory services and investor education initiatives across Pakistan’s capital markets.
Pakistan Sees 762,000 Citizens Migrate Abroad in 2025, Remittances Support Economy
Over 762,000 Pakistanis migrated abroad in 2025, with remittances reaching $19.7 billion, becoming the largest source of foreign inflows and helping stabilize Pakistan’s economy amid declining FDI and exports.
Pakistan Public Debt Per Capita Hits Rs333,000 as Fiscal Deficit Exceeds Legal Limit
Pakistan’s public debt per capita increased to Rs333,000 in FY2024-25, with total debt reaching 70.7% of GDP. Fiscal Policy Statement shows deficit breached statutory limits by Rs3 trillion.
Pakistan-China E-Mining Platform Launched to Boost $10 Billion Mineral Sector Investment
Pakistan and China have launched the Pak-China E-Mining Platform, a digital initiative aimed at boosting $10 billion investment in Pakistan’s mineral sector, enhancing transparency, efficiency, and regional development.