The Public Accounts Committee (PAC) on Tuesday conducted a detailed review of audit objections related to the Ministry of Energy, with a focus on independent power producers (IPPs), rising electricity costs, incomplete development schemes and excessive load-shedding.
Officials from the Central Power Purchasing Agency (CPPA-G) briefed the committee on a...
The State Bank of Pakistan (SBP) has announced that it will begin publishing a Monetary Policy Report (MPR) on a biannual basis to provide a clearer assessment of the impact of its policy decisions.
The central bank has also released the advance schedule of Monetary Policy Committee (MPC) meetings for...
Pakistan Stock Exchange surged on Tuesday as investor sentiment strengthened. Confidence rose after a meeting between business leaders and Field Marshal Asim Munir coupled with the government’s Senate majority win further eased political uncertainty.
The benchmark KSE-100 Index surged by 1,202 points or 0.87 percent to close at 139,419.62 points,...
Najam Mazari, head of a research organisation focused on organic food and products, has stated that organic agriculture is not merely an agricultural experiment, but a new beacon of hope for the local economy, employment, and Pakistan’s agricultural exports. He emphasized that if the government pays serious attention, this...
Coordinator to the Federal Tax Ombudsman Saif Ur Rehman on Sunday expressed serious concern over the rising trend of over-invoicing on imports, warning that the practice is causing billions of rupees in losses to the national exchequer and poses a significant threat to the country’s economic stability. Talking to...
The National Telecom Corporation (NTC) has developed a comprehensive strategy to upgrade firewalls and protect federal and provincial governments and state institutions from cyber threats.
The strategy, shared with the Ministry of IT and Telecom, outlines a national cyber defence plan for securing communications of key institutions, including the PM...
Pakistan's rice exports to China have exhibited significant growth during the first six months of 2025, marking an encouraging development under the framework of China's economic policies aimed at enhancing trade relationships and diversifying supply chains.
According to recent data from the China General Administration of Customs, Pakistan's shipments of...
Bilateral trade between Pakistan and the United Arab Emirates (UAE) has surged to $10.1 billion in FY25, according to the State Bank of Pakistan (SBP), marking a strong revival in economic ties between the two countries. This increase comes at a time when both sides are exploring new avenues...
Pakistan is exploring concrete steps to ensure Prime Minister Shehbaz Sharif's upcoming visit to China yields tangible results, with cabinet members urging resolution of longstanding issues hampering Chinese investment instead of merely signing more MoUs.
To remove a major obstacle in relocating Chinese industries to the Gwadar Free Zone, the...
Amid rapid digitisation and modernisation of banking in Pakistan, the number of complaints lodged by customers has surged, reflecting growing concerns over service quality and fraud.
The Banking Mohtasib Pakistan provided monetary relief of Rs882.25 million to customers by resolving 16,006 complaints during the first half of 2025 (January to...
