Download IPFS In a recent meeting, the Finance Committee of the Sindh Cabinet approved several large financial grants while postponing or rejecting others due to a lack of adequate documentation. The committee’s decision reflects growing concerns over budget misuse and a renewed push for fiscal accountability, particularly amid ongoing questions[Read More…]

Download IPFS The Pakistan Stock Exchange (PSX) has witnessed a striking 27 percent rally since the launch of Operation Sindoor, marking a major turnaround in investor sentiment. This resurgence reflects a renewed sense of stability, bolstered by key developments in domestic security, investor confidence, and foreign inflows. The operation, designed[Read More…]

Download IPFS Pakistan has secured a total of $12.4 billion in foreign loans during the fiscal year 2024 to 2025 (FY25), surpassing its annual budget estimate by a significant $2.6 billion. The jump in foreign inflows has largely been driven by financing from commercial banks, disbursements under the Saudi Oil[Read More…]

Download IPFS Pakistan has launched a dedicated digital asset watchdog to oversee the country’s growing virtual finance ecosystem, as the State Bank of Pakistan (SBP) advances preparations for a central bank digital currency (CBDC). The creation of this oversight body signals Islamabad’s intention to position itself as a regional leader[Read More…]

Download IPFS Pakistan and the United Kingdom (UK) have reiterated their commitment to strengthening bilateral cooperation in areas including trade, economy, and political dialogue. The renewed pledge came during a high-level meeting between Pakistan’s Deputy Prime Minister and Foreign Minister Ishaq Dar and the UK’s Minister for Africa, the United[Read More…]