Aurangzeb, IMF’s Jihad Azour Discuss EFF Progress and Emphasize Macroeconomic Discipline
Finance Minister Muhammad Aurangzeb met with IMF’s Jihad Azour in Washington to review the progress of the Extended Fund Facility and reaffirm commitment to Pakistan’s reform agenda and macroeconomic discipline.
Overseas Investors Chamber of Commerce and Industry urges Federal Board of Revenue to release Rs96.6 billion in pending tax refunds to ease liquidity pressure on foreign investors
The Overseas Investors Chamber of Commerce and Industry has called on the Federal Board of Revenue to expedite Rs96.6 billion in pending tax refunds, warning that delays are hurting liquidity, business planning, and investor confidence in Pakistan’s economy.
Pakistan Finance Minister Confirms $1.3 Billion Eurobond Payment Commitment Following $500 Million Settlement
Pakistan Finance Minister Muhammad Aurangzeb assures successful repayment of the $1.3 billion Eurobond due in April 2026 following a $500 million settlement, citing economic reforms, strong remittances, and stable markets as key confidence drivers.
Finance Division Takes Control of Tax Policy as Government Restructures FBR’s Role
In a major policy shift, the government of Pakistan has officially transferred responsibility for tax policy from the Federal Board…
Pakistan Secures Rs1.2 Trillion Bank Financing Deal to Tackle Circular Debt Crisis
Pakistan’s banking industry has finalized a record Rs1.225 trillion financing and restructuring deal to address circular debt, the largest transaction in the nation’s history. The agreement with 18 banks restructures loans and clears overdue payments, aiming to restore fiscal discipline, ease the energy sector burden, and inject liquidity into priority sectors.
Pakistan prepares to debut Panda Bond with ADB backing
Pakistan is preparing to launch its first-ever Panda Bond with support from the Asian Development Bank, marking a milestone in tapping Chinese capital markets. The move reflects growing international confidence in Pakistan’s economic reforms and will be backed by expanded ADB cooperation in climate resilience, infrastructure, and financial sector development.
SECP Launches Capital Market Development Fund to Boost Investor Literacy and Market Growth
SECP has operationalized the Capital Market Development Fund (CMDF) with contributions from PSX, NCCPL, CDC, and PMEX to enhance financial literacy, expand outreach, and strengthen Pakistan’s capital markets through investor education and capacity building.
Finance Minister lauds SBP and banks for record SME and agriculture lending growth in FY25
Pakistan’s Finance Minister Muhammad Aurangzeb has praised the State Bank of Pakistan and commercial banks for achieving robust growth in SME and agriculture financing during FY25, highlighting their critical role in driving inclusive economic growth.
Late-Session Profit-Taking Drags PSX into Negative Territory Despite Strong Opening
The Pakistan Stock Exchange saw a sharp reversal on Thursday as late profit-taking erased early gains, with the KSE-100 Index falling over 250 points amid cautious investor sentiment following post-budget warnings and global market unease.
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.