Download IPFS Gilgit-Baltistan (GB) is facing a dire wheat shortage as subsidized stocks have run dry, with federal government delays in releasing allocated supplies sparking fears of a food crisis. Despite a Rs20 billion budget allocation for 170,000 tonnes of wheat, not a single sack has reached the region, leaving[Read More…]

Download IPFS Pakistan recorded a modest yet meaningful rise in Foreign Direct Investment (FDI) in the fiscal year 2024–25 (FY25), marking a 5% year-on-year increase amid ongoing efforts to stabilize the country’s economy. As per data released by the State Bank of Pakistan (SBP), the country received $2.457 billion in[Read More…]

Download IPFS Pakistan has recorded a full-year current account (CA) surplus for the first time in 14 years, a milestone that signals a meaningful shift in the country’s economic trajectory. According to official data shared by Khurram Schehzad, Adviser to the Finance Ministry, the CA for June 2025 closed with[Read More…]

Donwload IPFS On July 19, 2025, traders in Karachi and Lahore launched a strike, shutting down major markets to protest the Federal Board of Revenue’s (FBR) expanded powers under the Finance Act 2025, which they label as anti-business. While Karachi saw partial closures and Lahore enforced a near-total shutdown, divisions[Read More…]

Download IPFS On July 19, 2025, gold prices in Pakistan soared, with 24-karat gold per tola reaching Rs357,600, driven by global market trends and local economic pressures. The All Pakistan Sarafa Gems and Jewellers Association (APSGJA) reported a Rs2,500 increase per tola, while 10 grams of 24-karat gold rose by[Read More…]

Download IPFS On July 19, 2025, Karachi’s business community launched a partial strike to protest the expanded powers of the Federal Board of Revenue (FBR) under the Finance Act 2025, with major markets like Jodia Bazaar and Sarafa Bazaar shutting down, though some areas like Gul Plaza stayed open. The[Read More…]

Download IPFS China and Pakistan have deepened their financial cooperation to facilitate cross-border trade and enhance global supply chain efficiency, a move seen as a strategic alignment within the Belt and Road Initiative (BRI). Speaking at the 3rd China International Supply Chain Expo, Sheikh Muhammad Shariq, Chief Representative of the[Read More…]

Download IPFS Despite talk of an economic “turnaround,” Pakistan’s financial reality tells a more troubling story. The country faces over $23 billion in external debt payments this fiscal year, while its total public debt has surpassed Rs76 trillion. Although nearly half of the federal budget is consumed by debt servicing,[Read More…]

Download IPFS Pakistan is facing a daunting fiscal challenge with more than $23 billion in external debt payments due for the fiscal year 2025–26, according to a report by The News. Despite signs of economic stabilisation and a modest current account surplus, the country remains heavily burdened by debt repayment[Read More…]

Download IPFS Pakistan has achieved a major economic milestone by posting a $2.1 billion current account surplus for the fiscal year 2024–2025, the largest in over two decades. Prime Minister Muhammad Shehbaz Sharif hailed this development as a strong signal of economic recovery, attributing the surplus to strategic policy interventions[Read More…]