Business

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…

Prime Minister Shehbaz Sharif has invited Uzbek business firms to explore investment opportunities in Pakistan’s textile, pharmaceutical, mining, agriculture, and tourism sectors. He, along with Uzbek President Shavkat Mirziyoyev, was addressing the Pakistan-Uzbekistan Business Forum in Islamabad today. Prime Minister expressed the hope that President Mirziyoyev’s visit would go a…

Prime Minister of Pakistan Shehbaz Sharif has recognized National Bank of Pakistan (NBP) for its significant contributions to the national economy. During a ceremony held in Islamabad recently, PM Shehbaz Sharif presented the award to Rehmat Ali Hasnie, President and CEO, NBP. The event honored leading exporters and bankers for…

The State Bank of Pakistan (SBP) held a condolence reference to pay tribute to the life and legacy of former Governor Dr. Shamshad Akhtar, a distinguished economist and reformer whose passing marks a profound loss for the country. Governor SBP, Mr. Jameel Ahmad, while addressing the condolence reference, highlighted Dr.…

Canadian companies are looking to invest in Pakistan’s evolving market, particularly in livestock, agriculture and other key sectors. This was stated by Canadian High Commissioner to Pakistan Tarik Ali Khan during his meeting with Minister for Communications Abdul Aleem Khan in Islamabad today. The High Commissioner expressed the Canadian government’s…

Minister for Finance and Revenue Senator Muhammad Aurangzeb has emphasized the sustained on-ground engagement and senior-level involvement by international financial institutions to develop a deeper understanding of Pakistan’s evolving economic landscape. He was talking to a delegation of Citibank led Country Officer Habib Yousuf, which called on him in Islamabad…

The Economic Coordination Committee of the Cabinet has approved over one billion rupees for various departments. The ECC, which met in Islamabad today with Finance Minister Muhammad Aurangzeb in the chair, approved 100 million rupees for the execution of Sustainable Development Goals Achievement Programme schemes through the Capital Development Authority.…

TCS Group, one of Pakistan’s most established and trusted logistics conglomerates, has formalized a strategic partnership with Nippon Express (South Asia & Oceania) Pte. Ltd., a subsidiary of Nippon Express Holdings, Inc. (Nippon Express Group) of Japan, under which Nippon Express Group has acquired a minority stake in TCS Logistics…

Minister for Petroleum Ali Pervaiz Malik has said the brotherly relations between Pakistan and Saudi Arabia would translate into tangible outcomes in the form of investments, technology exchange and joint projects. He was talking to Saudi Ambassador Nawaf bin Saeed Al-Malkiy, who called on him in Islamabad. Ali Pervaiz Malik…

Deputy Prime Minister and Foreign Minister Ishaq Dar chaired a high-level inter-ministerial meeting in Islamabad today to discuss strengthening Pakistan’s economic and trade relations with the European Union. During the meeting, he highlighted the importance of enhancing trade cooperation, exploring new opportunities for economic engagement, and further deepening Pakistan-EU economic…

Prime Minister Shehbaz Sharif has announced a reduction of 4.04 rupees in electricity tariff for the industries to enhance their competitiveness and bolster exports. He was addressing a ceremony in Islamabad today to honour the contributions of leading businessmen and exporters in the economy. Announcing other measures for the business…

The total liquid foreign reserves held by the country stood at US$ 21,293.3 million as of 23-Jan-2026. The break-up of the foreign reserves position is as under: i) Foreign reserves held by the State Bank of Pakistan: US$ 16,101.1 millionii) Net foreign reserves held by commercial banks : US$ 5,192.2…