Govt Approves Restructuring Plan for FESCO, GEPCO and IESCO
Pakistan’s Cabinet Committee on Privatisation approves the restructuring plan for FESCO, GEPCO and IESCO, covering selected assets, liabilities and employee benefits.
Pakistan and Japan Sign $2.2 Million Grant Agreement for JDS Scholarships
Pakistan and Japan have signed a JPY 350 million grant agreement worth $2.2 million to support the 2026 Human Resource Development Scholarship Program and provide 17 scholarships.
Haroon Akhtar Appointed Adviser To PM With Federal Minister Status
Haroon Akhtar has been appointed Adviser to the Prime Minister with the status of Federal Minister and assigned the Industries and Production portfolio.
Govt Appoints Muhammad Ali Malik as Deputy Governor of State Bank of Pakistan
The Federal Government has appointed central banking veteran Muhammad Ali Malik as Deputy Governor of the State Bank of Pakistan for a five-year term, effective immediately.
Bank of Punjab Promotes Direct Public Investment In Government Securities Through InvestPak
Bank of Punjab Group Chief Qasim Nadeem highlights InvestPak as a convenient channel for the public to directly invest in government securities backed by the Government of Pakistan.
Government Raises Rs170.98 Billion Through Hybrid Sukuk Auction Against Rs125 Billion Target
The Government of Pakistan raised Rs170.976 billion through its latest Hybrid Sukuk auction conducted via the Pakistan Stock Exchange, exceeding the combined pre-auction target of Rs125 billion amid strong demand for both fixed-rate and variable rental rate instruments.
Rehmat Ali Hasnie Reappointed as National Bank of Pakistan President for Two Weeks
The Government of Pakistan has reappointed Rehmat Ali Hasnie as President and Chief Executive Officer of National Bank of Pakistan for two weeks from August 7, 2026, or until a new president assumes office.
Citi Pakistan Balance Sheet Surpasses $1 Billion As Bank Expands Financing And Digital Banking Services
Citi says its Pakistan balance sheet has exceeded $1 billion, supported by financing for the government, multinational companies, banks and trade while expanding digital and AI-driven financial services.
Government of Pakistan Raises Rs116 Billion Through Hybrid Sukuk Auction on Pakistan Stock Exchange
The latest GoP Hybrid Sukuk auction via the PSX system saw the government raise Rs116.4 billion with strong demand noted for the 10 year variable rental rate instrument.
Pakistan Accelerates Cashless Economy Drive with Ant Group, Easypaisa Talks on Digital Payments and Financial Inclusion
The Government of Pakistan reviews progress on its national digitization agenda with Ant Group and Easypaisa, focusing on digital payments, financial inclusion, fintech innovation, and a transition to a cashless economy.