Pakistan Signs $603 Million Deals with Islamic Development Bank to Boost Infrastructure, Poverty Alleviation, and Education
Pakistan finalizes $603.4 million in agreements with the Islamic Development Bank, funding the M6 Motorway, Poverty Graduation, and Out-of-School Children projects to accelerate national development.
Pakistan GDP Grows 3.71% in Q1 FY2026 with Industrial Growth at 9.38%
Pakistan’s GDP growth reached 3.71% in Q1 FY2026, driven by 9.38% industrial growth, despite floods, fiscal tightening, energy subsidy withdrawal, and food inflation, according to Federal Minister Ahsan Iqbal.
Pakistan International Bulk Terminal Partners with Reko Diq Mining for Mineral Export Handling
Pakistan International Bulk Terminal Limited (PIBT) has secured an agreement with Reko Diq Mining Company and supplemental concessions from Port Qasim Authority to manage copper-gold and other mineral exports, supporting Pakistan’s largest planned mining project.
Pakistan Secures $61.8 Million from ADB for Railways, Quetta BRT, and Balochistan Water Projects
Pakistan and the Asian Development Bank signed agreements for $61.8 million to support major development projects in railways, urban transport in Quetta, and water sector development in Balochistan, strengthening sustainable economic growth.
Government and NBP Join Forces to Strengthen Banking Support for Industrial Development in Pakistan
Special Assistant to PM Haroon Akhtar Khan met with NBP President Rehmat Ali Hasni to boost financial support for Pakistan’s industrial growth. The government and banking sector aim to strengthen collaboration for sustainable economic development.