Pakistan Achieves Historic Economic Stability as Bloomberg Ranks it World Second Top Emerging Economy
Finance Minister Muhammad Aurangzeb outlines Pakistan’s transition to an export-led growth model following a historic 2.4% GDP primary surplus and $20 billion reserve milestone.
Pakistan Records 119 Billion Dollar Trade Value Gap Over Last Decade
A new Global Financial Integrity report reveals Pakistan lost 119.4 billion dollars due to trade misinvoicing and illicit financial flows between 2013 and 2022.
PM Shehbaz Reaffirms Economic Stability and Petroleum Security Amid Global Tensions
Prime Minister Shehbaz Sharif prioritizes public relief and fuel security, introducing the Pak App reporting feature and third-party audits for austerity measures.
Prime Minister Shehbaz Sharif Announces Remote Work and Four Day Workweek for Government Offices
Prime Minister Shehbaz Sharif introduces a four day workweek and 50 percent remote work for government staff to conserve fuel amid the Middle East economic crisis.
Pakistan Requests Saudi Oil Facility Extension and UAE Deposit Rollover Amid IMF Program
Pakistan seeks a two-year extension of the $1.2 billion Saudi Oil Facility and a one-year rollover of $2 billion UAE deposits to support its IMF program and stabilize the economy.
Pakistan Pushes Home-Grown Economic Reforms as PM Shehbaz Meets World Bank President
Pakistan is advancing a comprehensive home-grown economic reform agenda focused on sustainable growth, as Prime Minister Shehbaz Sharif discusses implementation and cooperation with World Bank President Ajay Banga in Islamabad.
CJP Yahya Afridi Calls for Fast-Track Tax Litigation to Boost Investor Confidence
Chief Justice of Pakistan Yahya Afridi has warned that prolonged tax litigation is straining fiscal space and hurting investor confidence, calling for urgent judicial reforms and stronger coordination with tax authorities.
Saudi Arabia Rolls Over $3bn Deposit, Strengthening Pakistan’s Foreign Reserves
Saudi Arabia has extended its $3 billion deposit with the State Bank of Pakistan for another year, supporting Pakistan’s foreign reserves and economic stability.
SBP Raises Rs492.9 Billion in Treasury Bills, Sells Rs55 Billion in 10-Year Floating Bonds Amid Strong Market Response
The State Bank of Pakistan secured Rs492.9 billion in Market Treasury Bills and Rs55 billion in 10-year Floating Rate Bonds, reflecting robust investor participation and stable yield expectations across Pakistan’s money market.
CFA Society Pakistan Honors Ministry of Finance for Groundbreaking Public Debt Transaction
The Ministry of Finance receives a Special Award from CFA Society Pakistan for a historic Public Debt Transaction, marking a milestone in Pakistan’s fiscal management and debt strategy.