Business News | PSX | News Updates from Pakistan Economy

World Bank approves $102 million for Pakistan’s financial inclusion

The World Bank's Board of Directors on Wednesday approved $102 million in financing for the Resilient and Accessible Microfinance (RAM) Project, which aims to enhance access to microcredit and support the resilience of the microfinance…

March 19, 2025
Published in Business

Gold prices in Pakistan hit record high

Gold prices soared to yet another fresh record high in Pakistan on Tuesday in line with their increase in the international rates.

March 18, 2025
Published in Business

No proposal to revise govt pay scales under consideration, clarifies finance ministry

The finance ministry on Monday clarified in a statement that no proposals to raise government salaries were under consideration after media reports claimed that government salaries and pensions would remain unchanged in the upcoming fiscal…

March 17, 2025
Published in Business

PIA to resume UK flights after Eid as EU ban lifts

Pakistan International Airlines (PIA) will resume flights to the United Kingdom (UK) following the lifting of the European Union ban after Eidul Fitr, said Pakistan HC Mohammad Faisal.

March 16, 2025
Published in Business

IMF expresses satisfaction with Pakistan’s economic measures

Pakistan and the International Monetary Fund (IMF) have made significant progress towards reaching a Staff-Level Agreement (SLA) on the first review of the $7 billion loan programme.

March 15, 2025
Published in Business

ECC approves amendments to net-metering regulations, cuts buyback rate to Rs10/unit

The Economic Coordination Committee (ECC) on Thursday approved amendments to the existing net-metering regulations to reduce the growing financial burden on grid consumers and slashed the buyback tariff to Rs10 per unit.

March 13, 2025
Published in Business

IMF likely to grant waiver for delay in agriculture income tax collection

Amid the possibility of granting a waiver over provinces' delay in the collection of Agriculture Income Tax (AIT), the International Monetary Fund (IMF) review mission has sought details from provincial revenue authorities on their preparedness…

March 13, 2025
Published in Business

Gold price per tola increases Rs500 in Pakistan

After holding steady for two days, gold prices in Pakistan increased, in line with their rise in international rates.

March 12, 2025
Published in Business

Massive cut in petrol price expected

Due to a decline in oil prices in the international market, the prices of petroleum products are also likely to be slashed in Pakistan with the price of petrol expected to go down by Rs15…

March 11, 2025
Published in Business

Govt to import raw sugar to bring down soaring prices

In its bid to stabilise and bring down soaring sugar prices, the federal government has decided to import raw sugar (shakkar).

March 11, 2025
Published in Business

SBP maintains interest rate at 12%

The State Bank of Pakistan (SBP) held its key policy rate at 12% on Monday, opting for stability despite easing inflation, which is expected to rise temporarily in March and May.

March 10, 2025
Published in Business

China extends $2bn loan repayment for Pakistan

China has extended the repayment period of a $2 billion loan to Pakistan by one year, offering crucial financial relief to the country, the finance ministry confirmed on Saturday.

March 8, 2025
Published in Business

Electricity prices slashed across Pakistan under monthly fuel charges adjustment

The National Electric Power Regulatory Authority (NEPRA) has announced a reduction in electricity prices for consumers across the country under the monthly fuel charge adjustment (FCA), official notifications issued on Thursday stated.