SBP Projects 3.5% To 4.5% Economic Growth For Pakistan In FY27 As Inflation Remains Elevated
State Bank of Pakistan projects 3.5% to 4.5% economic growth in FY27, with inflation expected to remain elevated before easing toward the upper end of the 5% to 7% target range.
PM Directs FBR to Accelerate Action Against Smuggling and Tax Evasion
Prime Minister Shehbaz Sharif has directed the Federal Board of Revenue to intensify enforcement against smuggling, tax evasion and illegal businesses while accelerating tax reforms and the Faceless Inland Revenue System.
Pakistan and US Discuss Trade, Investment, Artificial Intelligence and Digital Technology
Pakistan and the United States reviewed opportunities to expand trade, investment and financial cooperation, with discussions covering artificial intelligence, digital technology, energy, telecommunications, ports and logistics.
PBC Chairman Calls for Loss-Making SOEs to Be Offloaded Within 12 Months
Pakistan Business Council Chairman Ziad Bashir has urged the government to accelerate privatisation, offload loss-making state-owned entities within 12 months and prioritise export growth.
Pakistan and Gunvor Group Reaffirm Petroleum Sector Investment Commitment
Pakistan and Switzerland-based Gunvor Group reaffirmed cooperation in refinery modernisation, petroleum reforms, oil price deregulation and investment to strengthen the country’s energy security.
Pakistan Records $3.63 Billion In Remittances During July 2026
Pakistan received $3.631 billion in overseas workers’ remittances during July 2026, rising 4.5 percent month-on-month and 13 percent year-on-year, with Saudi Arabia remaining the largest source.
State Bank of Pakistan Illuminates Headquarters For Makkah Joint Defence Agreement
The State Bank of Pakistan has illuminated its Karachi headquarters to mark the Makkah Joint Defence Agreement between Pakistan, Saudi Arabia and Türkiye, highlighting the significance of the trilateral defence understanding.
Khurram Schehzad Says Private Sector Is Key To Pakistan’s Sustainable Economic Growth
Finance Minister’s Adviser Khurram Schehzad says Pakistan has moved beyond macroeconomic stabilization toward private sector-led growth, citing stronger economic indicators, rising investment activity, reforms and increased investor confidence.
FBR IRIS Portal and Digital Tax Services to Remain Unavailable Until August 10
Federal Board of Revenue will temporarily suspend IRIS, Digital Invoicing, Payment System, SWAPS and POS Registration services from August 8 to August 10 for scheduled maintenance.
IFC Approves $20 Million Loan For Novatex To Support Pakistan’s Packaging Industry
The International Finance Corporation has approved up to $20 million in financing for Novatex Limited to fund raw materials and equipment imports, support export-oriented industries and expand recycled PET production in Pakistan.