Pakistan’s Banking Sector Orchestrates Historic Rs 1.3 Trillion Financial Deal to Tackle Circular Debt
Pakistan’s banking industry plays a pivotal role in structuring the largest-ever Rs 1.3 trillion financial deal to address the country’s circular debt, with experts emphasizing the need for billing, governance, and collection reforms for long-term stability.
Rethinking the Criticism: Why Banks Prefer Government Lending Amid Pakistan’s Economic Realities
Furqan Ali critiques the widespread perception of opportunism in Pakistan’s banking sector, arguing that reliance on government lending is a calculated response to deeper structural flaws. He urges for major public finance and economic reforms to enable a more balanced credit environment.
Zafar Masud Calls for Public Backing of Privatization to Safeguard Pakistan’s Economic Future
In a conversation with VCast Online, PBA Chairman Zafar Masud emphasizes the urgency of societal support for privatization and reforms, warning that resisting change only prolongs Pakistan’s economic struggles.
SBP Urges Balanced Growth to Avoid Past Boom-Bust Cycles, Highlights Strong Reserves and Inflation Control
SBP Governor Jameel Ahmad warns against past mistakes of rapid demand-led growth as Pakistan shifts focus to long-term stability, backed by rising reserves and low inflation.
World Bank Names Bolormaa Amgaabazar as New Country Director for Pakistan to Strengthen Development Partnership
The World Bank has appointed Bolormaa Amgaabazar as its new Country Director for Pakistan. With deep experience across multiple regions, she is set to deepen engagement on pressing challenges like climate change, child stunting, and energy sustainability.
KSE-100 Index Surges to Record High Following FY26 Budget Announcement
The KSE-100 index hit a new all-time high following the announcement of Pakistan’s FY26 federal budget. Strong investor sentiment, favorable tax measures, and growth-oriented targets fueled a market-wide rally.