National
In a significant move to boost the jewelry and precious metals industries, Pakistan has lifted the prohibition on the import and export of gold. At a meeting on Friday, the Cabinet's Economic Coordination Committee (ECC), which is led by Finance Minister Muhammad Aurangzeb, made the decision. Read more:
National
Petrol prices in Pakistan are expected to fall beginning October 16, providing some respite to customers following the recent increase earlier this month. Initial estimates suggest that petrol prices might fall by Rs6.10 per litre, while high speed diesel (HSD) prices could fall by Rs0.97 per liter. Read
National
The Federal Board of Revenue has started taking strict action against people who use credit cards but do not pay their taxes. Sources said that banks across Pakistan have begun sharing details of credit card transactions with the FBR. Read more: Major Crackdown Hits Islamabad as Grace Period Ends The
National
The State Bank of Pakistan has started the trial phase of its central bank digital currency project. Officials said the new digital money will allow people to make payments without cash or even a bank account, making it easier for more citizens to access financial services. Read more: AI Driving
National
The Senate Standing Committee on Finance has raised questions about the salary of the State Bank of Pakistan (SBP) Governor. At a meeting chaired by Senator Muhammad Abdul Qadir, members asked for full details of the salaries and allowances of the Governor and Deputy Governor. Read more: Govt Approves New
Business
The State Bank of Pakistan has reported an increase in its foreign exchange reserves, which rose by 28 million dollars over the past week. As of August 29, 2025, the central bank’s reserves stand at 14.30 billion dollars, showing a steady upward trend. Read more: Gujrat Flooded After
Business
Pakistan’s fuel sales grew in August on the back of stronger petrol and diesel demand, while furnace oil continued to lose relevance in the energy mix. Data compiled by Topline Securities showed oil sales at 1.3m tonnes in August, up 7% from a year ago and 6% above
Business
Gold prices in Pakistan hit a record high on Monday, September 1, 2025, following a surge in international markets. According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola rose by Rs3,300 to Rs370,700 from Rs367,400 a day earlier.
Business
Pakistan’s foreign exchange reserves have recorded a slight increase of 47 million dollars this week, taking the overall total to 19.61 billion dollars, according to fresh data issued by the State Bank of Pakistan. Read more: Climate change risks overshadow economic optimism The State Bank’s own reserves
Business
Pakistan’s economy is facing fresh challenges as severe rainfall and flooding continue to disrupt agriculture, with the government warning of a possible rise in inflation. According to the Finance Ministry’s Monthly Economic Update and Outlook, the economy began the fiscal year 2025–26 on a positive trajectory, with
Business
Chairman EPBD Dr. Gohar Ejaz on Thursday strongly criticised the State Bank of Pakistan’s (SBP) decision to maintain the policy rate at 11 percent, calling it a misalignment with the prevailing inflationary outlook and a heavy burden on taxpayers. In a post on X (formerly Twitter), Ejaz questioned how
Business
Domestic markets saw a fresh increase in gold and wheat prices on Tuesday, heightening concerns over inflation. Latest data from the All Pakistan Gems and Jewelers Association showed that the price of 24-karat gold climbed by Rs900 per tola, settling at Rs360,700 compared to Rs359,800 a day