Pakistan economy
PSX Plunges Over 5,000 Points as Investor Panic Triggers Market Sell-Off
Pakistan’s stock market faced a dramatic downturn as intense selling pressure gripped the trading floor. The benchmark Pakistan Stock Exchange witnessed one of its sharpest single-session declines in recent months, reflecting heightened investor anxiety. The KSE-100 Index dropped by 5,149 points, registering a 2.87 percent decline to close at 174,453 points. The steep fall underscores […]
Pakistan’s Urea Sales Set to Hit Six-Year Low After Record December Performance
Pakistan’s urea sales are projected to fall sharply in January 2026, marking the lowest monthly off-take in over six years. According to research by Topline Securities, the decline follows record-breaking purchases in December, combined with tapering seasonal demand and reduced manufacturer discounts. The sector research highlights that fertilizer sales slowed dramatically both month-on-month (MoM) and […]
Government Moves to Reduce Reliance on Bank Financing Through Capital Market Reforms
The federal government has announced plans to reduce Pakistan’s reliance on bank financing by advancing capital market reforms, signaling a strategic shift in the country’s financial framework. This decision aims to lower transaction costs, broaden investor participation, and strengthen alternative funding sources for businesses and institutions. The initiative was discussed during a meeting between Finance […]
Pakistan Plans Complete Redesign of Currency Notes; Old Notes to Remain Valid
Pakistan is preparing for a major update to its national currency system as the federal government has decided to redesign all currency notes ranging from Rs. 10 to Rs. 5,000. The move is aimed at modernizing banknotes, enhancing security features, and aligning Pakistan’s currency with international standards, according to sources familiar with the development. Alongside […]
Rising Incomes, Higher Expenses, and Fewer Homeowners in Pakistan
Pakistan’s latest Household Integrated Economic Survey 2024–25, released by the Pakistan Bureau of Statistics, reveals a complex economic picture with rising incomes, escalating expenses, shifts in housing, and rapid digital adoption. The survey shows that the average monthly household income increased by 97% over the past five years, reaching Rs82,179. However, household expenses grew even […]
Finance Ministry Unveils Pakistan Skills Impact Bond
In a landmark move aimed at transforming skill development financing, the Ministry of Finance (MoF) on Tuesday launched Pakistan’s first-ever private-capital-funded Pakistan Skills Impact Bond (PSIB), reported 24NewsHD TV channel. The initiative marks a significant shift in how vocational training and workforce development are funded in the country. The Pakistan Skills Impact Bond has been […]
Pakistan Enters Development Phase After Economic Stabilisation: Finance Minister
Pakistan has moved into a new phase of development after achieving economic stabilisation, Federal Finance Minister Muhammad Aurangzeb said, pointing to strong macroeconomic indicators and renewed investor confidence. In an interview with the American newspaper USA Today, the finance minister outlined how consistent reforms and disciplined policies have helped steady the economy and laid the […]
Kuwait Keen to Enhance Investment in Pakistan, Focus on Energy and Trade
Kuwait has expressed strong interest in expanding its investment footprint in Pakistan, particularly in the energy, trade, and broader investment sectors, signaling growing confidence in Pakistan’s economic potential. Federal Minister for Petroleum Ali Pervez Malik held a high-level meeting with Kuwait’s Minister of Finance and Chairman of the Kuwait Investment Authority (KIA), Dr. Sabih Al […]
PM Shehbaz Welcomes 50-Basis-Point Interest Rate Cut as Boost for Economy
Prime Minister Shehbaz Sharif has welcomed the State Bank of Pakistan’s decision to cut the policy interest rate by 50 basis points, calling it a positive signal for the country’s economic direction and a relief-oriented step for businesses and the general public. In an official statement issued on Monday, the prime minister said the reduction […]
Saudi Arabia Rolls Over Its $3 Billion Deposit for Pakistan
Saudi Arabia has rolled over its US$3 billion deposit for Pakistan for another year after the Saudi Development Fund approved an extension, providing the government with critical external financing support. The rollover ensures that the funds currently held by the State Bank of Pakistan remain available to reinforce the country’s foreign exchange reserves during a […]