SBP Plans to Raise Rs6.5 Trillion Through Treasury Bills and Bonds in Q4 2025
The State Bank of Pakistan has unveiled its auction calendar for October–December 2025, targeting Rs6.5 trillion in borrowings through Treasury Bills and Pakistan Investment Bonds to meet fiscal financing needs.
Pakistan Sets Rs6.4 Trillion Borrowing Plan to Manage Public Debt in FY26
Pakistan plans Rs6.4 trillion in borrowing for FY26 to manage an Rs81.5 trillion public debt, prioritizing domestic instruments, Sukuks, and multilateral support under IMF oversight.
Pakistan Stock Exchange Breaks 162,000 Barrier Amid Strong Political and Economic Optimism
The Pakistan Stock Exchange soared to a record close above 162,000 points, driven by renewed US-Pakistan ties, optimism over the IMF review, and strong corporate earnings in key sectors.
FBR Rejects PCA’s Rs100bn Loss Claim, Defends Faceless Customs Assessment System
The Federal Board of Revenue has dismissed Pakistan Customs Audit’s report alleging Rs100 billion losses from the Faceless Customs Assessment system, calling the claims exaggerated and factually flawed.
Fiscal Consolidation Strengthens Pakistan’s Economic Outlook with Lowest Deficit in Eight Years
Pakistan’s fiscal deficit narrowed to 5.4% of GDP in FY2025, the lowest in eight years, as strong revenue growth and controlled expenditures supported consolidation efforts. A record primary surplus and improved tax collection highlight progress in fiscal discipline.
Why the State Bank Must Resist Pressure to Tinker with Currency and Rates
The State Bank of Pakistan faces pressure to cut rates and appreciate the rupee, but experts warn these conflicting goals could trigger another economic crisis. Analysts say the SBP must maintain independence, keep real rates high, and avoid policy missteps that risk undermining stability.
LSM Sector Shows Signs of Recovery with Strong Gains in Autos and Cement
Pakistan’s Large-Scale Manufacturing (LSM) sector posted a 4.1% year-on-year increase in June 2025, driven by strong performances in textiles, petroleum products, pharmaceuticals, autos, and cement, despite cumulative annual output remaining slightly negative.
Pakistan Confidently Eyes $25.9 Billion Debt Repayment as Forex Reserves Rise, Says SBP Governor
Governor SBP Jameel Ahmed says Pakistan is well-positioned to manage its $25.9 billion external debt obligations in FY26, backed by rising foreign exchange reserves, increased multilateral funding, and improving macroeconomic indicators.