Finance Minister Muhammad Aurangzeb and ADB President Reaffirm Strategic Cooperation at IMF Meetings
Pakistan and the Asian Development Bank discussed the inaugural Panda Bond credit enhancement and fertilizer supply chain stability during the 2026 Spring Meetings.
Agritech Limited Shuts Down Urea Plant Following SNGPL Gas Supply Suspension
Agritech Limited halts Urea production after flash floods damage SNGPL pipelines, marking the second major operational disruption for the company in recent weeks.
ADB Commits Additional $48 Million to Advance Balochistan Water Development Project
The Asian Development Bank has approved an additional $48 million to complete key components of Balochistan’s water development project, aiming to strengthen irrigation, improve water management, and support climate-resilient growth in the province.
Pakistan’s Economy Stabilizes as Growth Rebounds to 3%: SBP
Pakistan’s economy regained stability in FY25 as inflation fell to an eight-year low, external accounts improved, and growth rebounded to 3%. SBP projects further growth in FY26 but warns of climate risks and emphasizes structural reforms to sustain economic momentum.
Sindh and Saudi Arabia Unlock Multibillion-Dollar Investment Opportunities
Sindh and Saudi Arabia have agreed to deepen economic collaboration through strategic investments across energy, infrastructure, agriculture, and tourism, marking a new chapter in their partnership aligned with Saudi Vision 2030.
Pakistan Faces Prolonged Economic Stagnation as Growth Forecast Falls to 2.6%
Economists warn Pakistan faces a prolonged period of low growth as the World Bank projects only 2.6% growth for FY25-26, raising concerns over inflation, unemployment, and stalled investment.