Pakistan FBR Faces Rs457 Billion Revenue Shortfall Despite 11% Growth
The Federal Board of Revenue collected Rs8.121 trillion in July–February FY2026, falling short of its Rs8.55 trillion target by Rs457 billion, as income tax and sales tax collections lagged despite overall year-on-year growth.
Standard Chartered Empowers SMEs with Tailored FX Solutions to Boost Global Expansion
Standard Chartered highlights customised foreign exchange solutions for SMEs, helping Pakistani businesses navigate international markets, optimise operations, and enhance export potential.
Pakistan Can Accelerate Growth Through China’s Expertise in Agriculture, IT, and AI, Says PM Shehbaz Sharif
Prime Minister Shehbaz Sharif emphasizes leveraging China’s technology, expertise, and training to boost Pakistan’s economic growth, focusing on agriculture, IT, AI, and CPEC 2.0 initiatives.
PM Shehbaz Sharif Accelerates SME and Agricultural Loans Through Digital Financing
Prime Minister Shehbaz Sharif directs SBP to simplify SME and farmer loan processes, launches digital initiatives like Zarkhaiz-e-App, and prioritizes private sector lending to modernize agriculture and boost entrepreneurship.
Pakistan Business Confidence Surges as OICCI Survey Highlights Shift to AI
The latest OICCI Business Confidence Index shows Pakistan’s business sentiment rising to +22%, driven by increased investment, expansion plans, and adoption of generative AI across services, retail, and manufacturing sectors.
Pakistan Reaffirms Support For Reko Diq Project As Financing Progress Boosts Investor Confidence
Federal government reiterates backing for new investments in Pakistan’s minerals and energy sectors as the Reko Diq copper-gold project nears financial close, signaling strong international investor confidence and potential $74 billion economic impact.
UBL Provides Rs. 25 Billion Financing Facility to Telenor Pakistan to Boost Telecom Investment
United Bank Limited has extended a Rs. 25 billion financing facility to Telenor Pakistan, supporting the telecom operator’s local funding needs amid infrastructure expansion and sectoral challenges, signaling renewed confidence in Pakistan’s telecom industry.
Sindh Leads Provincial Sales Tax Collection in FY26 Q1 with 18% Growth
Sindh outperforms other provinces in sales tax collection for FY26 Q1 with Rs68.4 billion collected. Punjab and other provinces also show strong growth, driven by improved compliance and digital tax systems.
SBP Foreign Exchange Reserves Increase by $22 Million, Reaching $14.52 Billion
The State Bank of Pakistan’s (SBP) foreign exchange reserves grew by $22 million, reaching $14.52 billion as of November 7, 2025. This increase comes amidst broader economic efforts to stabilize and strengthen Pakistan’s financial system.
UBL Honored as Best Corporate Finance House of the Year 2024 – Fixed Income by CFA Society Pakistan
United Bank Limited secures the Best Corporate Finance House of the Year 2024 – Fixed Income award from CFA Society Pakistan, reflecting its leadership in fixed-income strategy, market expertise, and financial sector innovation.