Pakistan Proposes Financial Institutions Recovery of Finances Amendment Act 2026 to Overhaul Foreclosure Laws
The Financial Institutions Recovery of Finances Amendment Act 2026 aims to streamline property foreclosure and restrict banking court injunctions in Pakistan.
Pakistan’s First SPAC to Debut on PSX: LSE SPAC-I Listing Confirmed for May 11
LSE SPAC-I Limited makes history as Pakistan’s first Special Purpose Acquisition Company to list on the PSX, with trading of SPAC1 set to begin this Monday.
Pakistan Secures China’s Final Approval for 250 Million Dollar Panda Bond Issuance
Finance Minister Muhammad Aurangzeb confirms final Chinese regulatory clearance for Pakistan’s 250 million dollar Panda bonds, with the launch expected within 10 days.
Pakistan Eyes 1.4 Billion Dollar IMF Inflow Today as Budget Planning Intensifies
The IMF Executive Board meets today to consider a 1.2 billion dollar disbursement for Pakistan, alongside 200 million dollars in climate-focused RSF funding.
Pakistan Petroleum Limited Achieves Breakthrough Production at Faiz X-1 Deep Well
PPL successfully commissions the Faiz X-1 Deep well in the Gambat South Block, adding 3.6 MMscfd of gas and 750 bpd of condensate to the national grid via cost-effective infrastructure.
Pakistan Prioritizes Domestic Resources for Climate Resilience Over Global Aid
Finance Minister Muhammad Aurangzeb emphasizes utilizing local fiscal buffers to tackle climate impacts, highlighting a shift toward self-reliance and domestic green financing.
Pakistan to Phase Out Blanket Power Subsidies: New Targeted Relief Model Starts January 2027
The federal government plans a major electricity subsidy overhaul by 2027, shifting relief from 200-unit protected consumers to BISP-registered families only.
FBR Appointed as Collection Agent for Petroleum Development and Climate Support Levies
The Federal Board of Revenue initiates new Sales Tax Rules to manage Petroleum Development Levy and Climate Support Levy collection via a standardized invoice system.
Pakistan Green Energy Shift: 500MW Floating Solar Project at Keenjhar Lake to Power Karachi
Sindh launches a massive 243 million dollar floating solar initiative at Keenjhar Lake to generate 861 GWh of green energy for K-Electric and boost industrial power.
Pakistan Launches Capital Market Development Fund to Boost Investor Base to 2.5 Million
Key financial institutions and the SECP establish the Capital Market Development Fund (CMDF) with a 12 crore PKR investment to drive financial inclusion and literacy.