Prime Minister Shehbaz Sharif stood on the trading floor of the London Stock Exchange this week and made a claim that Pakistani governments have made many times before, in one form or another: the economy is fixed, the hard part is over, and the numbers prove it. He became the first Pakistani premier to open...
Pakistan and the International Monetary Fund formally opened negotiations in Islamabad this week for the fourth review of the country’s $7 billion Extended Fund Facility and the third review of its $1.4 billion Resilience and Sustainability Facility, with successful completion of both potentially unlocking around $1.2 billion in combined fresh financing. Finance Minister Muhammad Aurangzeb...
Jamaat-e-Islami (JI) has shelved, for now, its plan to march on Islamabad over the petroleum levy, but the party is making clear that the pause is tactical rather than final. With Prime Minister Shehbaz Sharif expected back in the country soon, JI Emir Hafiz Naeemur Rehman has said a long march remains on the table...
An International Monetary Fund mission has begun a fresh round of review talks with Pakistani authorities in Islamabad, opening a roughly two-week assessment of the country’s progress under its $7 billion Extended Fund Facility and $1.4 billion Resilience and Sustainability Facility, even as officials head into the negotiations carrying a familiar mix of missed targets...
Pakistan’s petrol price has climbed by roughly Rs28 per litre since the start of September, according to fuel price tracking confirmed in Thursday’s 11am headlines, as the country’s newly adopted daily pricing mechanism continues to push pump rates upward in near-constant, incremental steps rather than the larger, more predictable fortnightly revisions consumers were accustomed to...
An International Monetary Fund mission will arrive in Pakistan on September 23 to conduct a biannual review of the country’s economic performance under its $7 billion Extended Fund Facility and $1.4 billion Resilience and Sustainability Facility, marking the next major checkpoint in a lending programme that has become central to Pakistan’s fiscal management and, increasingly,...
Jamaat-e-Islami (JI) Emir Hafiz Naeem ur Rehman has said petrol prices could fall by as much as Rs106 per litre if the government abolishes the petroleum levy and removes certain taxes on the commodity, as his party’s weeks-long protest campaign against fuel prices heads toward a critical government meeting on Thursday. Speaking on Geo News’...
Finance Minister Muhammad Aurangzeb called the current salaried tax return form illogical while unveiling the Asaan Tajir mobile app for small traders, and confirmed Pakistan has sought a US Exchange Stabilisation Support Facility.
There is a particular kind of corporate confidence that travels badly. It shows up in boardrooms in New York, London, and Düsseldorf, gets packaged into a market entry strategy, and then lands in Lagos, Karachi, or Jakarta with the quiet certainty that what worked at home will work anywhere. It almost never does. Emerging markets...
The National Savings Centre announced the Rs1,500 and Rs100 prize bond draw results on August 17, 2026, with first prizes of Rs3 million and Rs700,000 awarded. Here's how to check and claim winnings.