ECC Approves Rs24bn Supplementary Grants for Defence, FBR and Digital Projects
Pakistan’s Economic Coordination Committee approves Rs24 billion in supplementary grants, including defence allocations, FBR digital enforcement posts, IT projects, and funds for special education and media initiatives.
SBP and PBA Launch Awareness Campaign Against Fraudulent Double-Return Schemes
The State Bank of Pakistan and Pakistan Banks’ Association issue a public advisory warning citizens about investment scams promising unrealistic double returns, urging verification with authorized financial institutions.
Pakistan Plans to Raise Rs750 Billion Through Ijarah Sukuk Auctions from November 2025
The Government of Pakistan, in coordination with PSX and the Ministry of Finance’s Debt Management Office, has scheduled Ijarah Sukuk auctions totaling Rs750 billion between November 2025 and January 2026, featuring discounted, fixed, and variable rental rate instruments.
Pakistan’s Mutual Funds Cross Rs. 4 Trillion Milestone Amid Digital Investment Boom
Pakistan’s mutual fund industry has achieved a major milestone as total assets under management crossed Rs. 4 trillion, signaling strong investor confidence, digital adoption, and financial awareness despite declining profit rates.
Federal Government Appoints Navaid Hasib Malik to National Bank of Pakistan Board
The National Bank of Pakistan has appointed Navaid Hasib Malik as Director on its Board, following approval from the Federal Government and clearance by the State Bank of Pakistan. Malik’s inclusion strengthens NBP’s leadership and governance framework as the bank continues its strategic evolution in Pakistan’s financial sector.
Audit Uncovers Rs19 Million Discrepancy in FPSC Accounts: PAC Orders Fresh Review
The Public Accounts Committee (PAC) Sub-Committee, chaired by Member of the National Assembly Tariq Fazal Chaudhry, was informed on Tuesday…
Gold Hits Record Rs376,700 as Global Rally and Fed Speculation Drive Demand
Gold prices in Pakistan soared to a record Rs376,700 per tola as global demand strengthened on expectations of a US Federal Reserve rate cut. With spot gold hitting new highs internationally and Pakistan’s rupee extending its gains, the financial landscape highlights the impact of global uncertainties and domestic monetary policy.