Govt Reduces Commercial Banks’ Role in Pension Payments Through Digital Verification
The Finance Ministry has removed commercial banks from pensioners’ proof-of-life verification, integrating NADRA with CGA and MAG for digital pension verification and disbursement.
Aurangzeb Reviews Progress on Closure of PASSCO and Utility Stores Corporation
Finance Minister Muhammad Aurangzeb reviews progress on the closure of PASSCO and USC, stressing coordination, transparency and timely completion of remaining work.
SBP Expected to Keep Policy Rate Unchanged at 11.5 Percent on September 14
State Bank of Pakistan is expected to maintain its policy rate at 11.5 percent on September 14, with most AHL survey respondents anticipating no change.
ECC Approves Rs6.6 Billion for Bullet Proof Vehicles Ahead of SCO Summit
Economic Coordination Committee approves Rs6.6 billion technical supplementary grant for 30 bullet proof vehicles ahead of the SCO Summit Pakistan will host in September 2027.
Pakistan Expands Export Financing Support to Rs1.85 Trillion for FY2026-27
Pakistan has expanded export financing support to Rs1.85 trillion for FY2026-27 through enhanced short-term and long-term facilities aimed at supporting exporters, SMEs, new borrowers and industrial investment.
PKR Holds Firm Against US Dollar For 234th Consecutive Day
Pakistani rupee gained one paisa against the US dollar to close at Rs277.40, extending its winning streak against the dollar to 234 consecutive days.
National Savings Schemes Net Savings Rise To Rs53.2 Billion In July 2026
Net savings mobilized through National Savings Schemes reached Rs53.2 billion in July 2026, marking a strong start to FY2026-27.
Engro Fertilizers Schedules EnVen Plant Maintenance From September 8
Engro Fertilizers will conduct scheduled maintenance at its EnVen Plant from September 8 to September 17, 2026, under its plant reliability protocols.
FPCCI Chief Urges ECOTA Reforms To Boost Regional Trade
FPCCI chief Atif Ikram Sheikh has called for an overhaul of ECOTA as intra regional trade among ECO countries remains at around 8.75% amid tariff and regulatory barriers.
Pakistan Consumer Confidence Falls 24.4% To Two Year Low
Pakistan’s Consumer Confidence Index fell 24.4% to 65.3 in the third quarter of FY2026, with inflation and unemployment concerns weighing on household sentiment.