Pakistan textile exports to EU at risk as PTC urges cuts in energy costs and taxes
Pakistan Textile Council has warned that textile and apparel exports to the EU are under threat following the India-EU FTA, urging urgent cuts in energy costs, taxes, and policy reforms to protect competitiveness.
Pakistan, World Bank strengthen cooperation on post-flood recovery and reform roadmap
Finance Minister Muhammad Aurangzeb held high-level talks with World Bank President Ajay Banga in Washington to discuss post-flood recovery, economic reforms, and strengthening international financial partnerships.
SBP Eases Pressure on Exporters by Releasing Withheld Proceeds
The State Bank of Pakistan has withdrawn its directive on delayed export proceeds, allowing immediate release of withheld funds and instructing banks to report overdue bills in their regular submissions.