Pakistan Updates Public Finance Management Act 2019 to Strengthen Fiscal Transparency
The federal government has updated the Public Finance Management Act, 2019 with amendments up to June 2024, expanding fiscal responsibility, enhancing oversight of public funds, and strengthening transparency to align Pakistan’s financial framework with global best practices.
KSE-100 Crosses 150,000 Milestone in Intraday Trade as Market Sentiment Improves
The KSE-100 Index at the Pakistan Stock Exchange crossed 150,000 points in intraday trade for the first time, driven by investor optimism, government reform measures, and strong sectoral performance across banking, cement, and pharmaceuticals.
Breaking Barriers: Why Pakistan’s SMEs Struggle Despite Driving the Economy
Pakistan’s SMEs contribute nearly 40% to GDP and employ the majority of the non-agricultural workforce, yet remain stuck due to poor access to credit and weak legal enforcement. Outdated collateral-driven lending and slow recovery frameworks are holding back growth, highlighting the urgent need for financing reforms and targeted legal changes.
Pakistan’s Foreign Reserves Triple Without New Debt as SBP Charts Stability Path
Pakistan’s foreign exchange reserves have tripled to $14.5 billion without new debt, inflation has dropped to record lows, and the current account shows a surplus after 14 years, according to SBP Governor Jameel Ahmad, who also announced new digital finance initiatives to strengthen long-term stability.
State Bank of Pakistan’s Forex Reserves Edge Higher, Surpass IMF Targets
The State Bank of Pakistan’s foreign exchange reserves rose by $11 million to $14.243 billion in the week ending August 8, crossing IMF targets and lifting total liquid reserves to $19.496 billion, with commercial banks holding $5.253 billion.
PBA Hosts Senior Bankers’ Session on Global Macroeconomic Trends and Digital Asset Impact
The Pakistan Banking Association convened senior banking leaders to discuss global market shifts, digital asset developments, and their implications for emerging economies, with insights from J.P. Morgan’s Saad Siddiqui.
Agricultural Credit and Inputs Drive Sector Growth Amid Climate Challenges
Pakistan’s agricultural sector witnessed a 16.3% rise in credit disbursement and a sharp increase in machinery imports during FY2025, reflecting government efforts to improve inputs. However, climate risks continue to pose challenges to sustained growth.
State Bank Reports Economic Stabilization but Flags Risks Amid Global Uncertainty
The State Bank of Pakistan’s latest Monetary Policy Report signals economic stabilization following years of turbulence, but warns of persistent global and domestic risks that require sustained policy discipline and structural reforms.
Pakistani Rupee Gains Ground as State Bank Relaxes Export Rules
The Pakistani rupee strengthened to PKR 282.22 against the US dollar after the State Bank of Pakistan removed a key restriction on exporters, boosted by strong remittances but tempered by rising imports.
Pakistan Stock Exchange to Suspend Trading on Independence Day
The Pakistan Stock Exchange will suspend all trading on August 14, 2025, to mark the country’s 78th Independence Day, with operations resuming the following day.