Business

Minister for Petroleum Ali Pervaiz Malik says economic relations between Pakistan and China are expanding into new sectors, including petroleum and minerals. He was addressing a special ceremony held in connection with the Chinese New Year at the Chinese Embassy in Islamabad. The Minister extended heartfelt congratulations to the Chinese…

The Ministry of Finance has clarified certain assertions made in a recent press commentary regarding the country’s external debt position and associated interest payments. In a statement, the Ministry said the figures presented in the commentary require contextual explanation to ensure an accurate and comprehensive understanding of Pakistan’s external debt…

Green Corporate Livestock Initiative (GCLI) has established Pakistan’s first gender-sorted straw laboratory in Okara. Through this lab, farmers are being provided with high-quality gender-sorted straws at affordable prices. With gender-sorted straw technology, farmers can select the sex of animals at the time of artificial insemination. In dairy farming, where female…

Federal Minister for National Food Security Rana Tanveer Hussain has said the federal government is working on a comprehensive long-term wheat policy for the period 2026-2030, aimed at strengthening national food security through modern reforms. He stated this while presiding over the sixth meeting of the National Wheat Oversight Committee…

Pakistan and United States have expressed their desire to enhance economic cooperation especially in the fields of trade and investment. The understanding was reached during a meeting between a Pakistani delegation, led by Finance Minister Muhammad Aurangzeb and U.S. Commerce Secretary, Howard Lutnick at the Department of Commerce in Washington…

CEO of United States International Development Finance Corporation (DFC) Benjamin Black called on the Prime Minister in Washington D.C. today. He was accompanied by DFC’s Head of Investments Conor Coleman and the senior leadership of the agency. The Prime Minister appreciated the expanding economic partnership between Pakistan and the United…

The Economic Coordination Committee has approved the immediate release of 19 billion rupees for the Prime Minister’s Ramazan Relief Package. The ECC, which met in Islamabad today, also agreed that any additional funds would be considered in line with evolving requirements and available fiscal space. The committee reaffirmed the government’s…

Pakistan and the United States have formally launched a strategic economic initiative, including collaboration with the U.S. General Services Administration regarding the operation, maintenance, renovation, and redevelopment of the Roosevelt Hotel in New York. This engagement was negotiated and stewarded by U.S. Special Envoy Steve Witkoff under the leadership of…

During the ensuing month of Ramadan-ul-Mubarak 1447 A.H., the following office hours will be observed in the State Bank of Pakistan, which will also be followed by all banks, development finance institutions and microfinance banks: Monday to Thursday from 09:00 am to 03:00 pm without break whereas on Friday office…

Global digital operator VEON Ltd. and Nutshell Group have announced a strategic partnership for THE GLOBAL CONNECT, a new international platform designed to bring together policymakers, global investors, corporate leaders, and academia to advance cross-border investment, digital transformation, and long-term economic cooperation across emerging and frontier economies. The partnership was…

Export Expo Pakistan 2026, the first dedicated B2B Exhibition and Summit exclusively designed for Pakistani exporters across multiple industries, will take place from April 25 to 27, 2026, at the prestigious Le Méridien Dubai Hotel & Conference Centre. The landmark event aims to provide a focused international platform for Pakistani…

Finance Minister Muhammad Aurangzeb has said that the losses of state owned enterprises (SOEs) have decreased by about seventy-four billion rupees over the last three years. In a televised message, he highlighted the downward trend in SOE losses, noting that they were 905 billion rupees in 2023, 851 billion rupees…

Prime Minister Shehbaz Sharif has invited Austrian companies to explore areas of mutual cooperation with their Pakistani counterparts in diverse sectors, including agriculture, food processing, leather, textile, and engineering. He was addressing the Pakistan-Austria Business Forum in Vienna today. The Prime Minister said Austria with its world-class expertise in engineering,…

Prime Minister has invited the Austrian businesses and companies to expand their investments in Pakistan, particularly in the priority sectors for win-win partnerships between the private sectors of both countries. He was co-chairing a forum of CEOs of renowned Austrian and Pakistani companies, along with Federal Chancellor of Austria Christian…

At a time when Pakistan stands at a critical economic crossroads, Lahore University of Management Sciences (LUMS) and the American Business Forum (ABF) jointly organised a high-level policy dialogue in Islamabad aimed at developing a robust and sustainable roadmap for Pakistan’s economic growth and stability.Titled “Reset: Re-imagining Reform, Growth and…

The State Bank of Pakistan (SBP) held the meeting of the Agricultural Credit Advisory Committee (ACAC) today in Karachi to review agricultural credit performance and discuss measures for strengthening inclusive and resilient agricultural finance. In his address, Governor SBP, Mr. Jameel Ahmad noted that Pakistan’s economy has regained macroeconomic stability…

As part of continuing efforts to improve its communications with external stakeholders and to bring more transparency to monetary policy decision-making, the State Bank of Pakistan (SBP) released its bi-annual Monetary Policy Report (MPR) today. The report reviews macroeconomic developments and outlook that guided the Monetary Policy Committee’s (MPC) decisions…

Finance Minister Muhammad Aurangzeb says  Pakistan has made  meaningful progress in restoring stability through disciplined macroeconomic policies, institutional reforms and proactive debt management. He made the remarks at a high-level roundtable on “Addressing Sovereign Debt Vulnerabilities” at the AlUla Conference for Emerging Market Economies 2026, jointly organized by Saudi Arabia…

Deputy Prime Minister Ishaq Dar has underscored the importance of deepening and expanding trade and economic engagement with the EU. He made the remarks while chairing a high-level inter-ministerial meeting in Islamabad today to review measures aimed at strengthening Pakistan’s economic and trade cooperation with the European Union. The Deputy…

The World Bank has reaffirmed its commitment to Pakistan’s ten-year development program amounting to 20 billion dollars. This resolve was expressed by Managing Director of the World Bank Group Ms. Anna Bjerde with Finance Minister Muhammad Aurangzeb in Saudi Arabia today. The meeting was held on the sidelines of the…

Pakistan and Iran have reaffirmed their commitment to enhance economic cooperation. The resolve was expressed during a meeting between Finance Minister Muhammad Aurangzeb and Iranian Minister of Economic Affairs and Finance, Dr. Seyed Ali Madanizadeh, on the sidelines of the AlUla Conference 2026 for Emerging Market Economies in Saudi Arabia…