IMF and Pakistan Reach Staff Agreement for $1 Billion Loan, $1.3 Billion Climate Facility
The International Monetary Fund (IMF) and Pakistani authorities have reached a staff-level agreement on the…
Ecnec approves 13 development projects worth Rs1.28 trillion
Deputy Prime Minister and Foreign Minister, Senator Mohammad Ishaq Dar, chaired the Executive Committee of the National Economic Council (ECNEC) meeting, in Islamabad on March 25, 2025….
IFC to Help Finance First Sustainable Aviation Fuel Facility in Pakistan and Broader Region
IFC is providing up to $35 million in equity and debt financing to establish a landmark sustainable aviation fuel (SAF) facility in Punjab…
Pakistan’s current account improves but remains negative in February 2025
Country posts a deficit of $12mn in February, against $399mn deficit recorded in January 2025
New design banknotes: Rs3.4bn paper machine upgrade project awarded to German firm
The Security Papers Limited (SPL) has awarded a paper machine upgrade project worth Rs3.4 billion to a German firm…
Travel and tourism sector likely to generate over $4b in revenue by 2025
Pakistan’s travel and tourism sector is expected to generate over $4 billion in revenue by 2025, as per the latest research report…
Ministry of Defence Production contributes over Rs 260bn to economy
MoDP’s contributions include Rs 88.6 billion from land sales, Rs 116.25 billion from exports, Rs 21.75 billion in taxes and duties…
US tops Pakistan’s exports with $4bn in eight months; China, UK, UAE among key markets
The United States remained the top export destination for Pakistani products during the first eight months of the fiscal year 2024-25…
Women Police on Bicycles Deployed in Lahore Markets
For the first time, women cycle squads have been deployed in busy markets to prevent street crimes as shopping activity surges in the…
IMF proposes Rs15tr taxrevenue target
The International Monetary Fund (IMF) has proposed setting a tax revenue target of over Rs15 trillion in the federal budget for the…