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…]

Download IPFS Pakistan’s foreign exchange market showed signs of cautious optimism on July 22, 2025, as the Pakistani rupee (PKR) managed to hold steady against major global currencies. This comes amid renewed efforts by the State Bank of Pakistan (SBP) to stabilise the currency and manage external pressures. Market observers[Read More…]

Download IPFS Pakistan managed to secure over $22 billion in external financing during the fiscal year 2024 to 2025, according to fresh data from the Economic Affairs Division (EAD). Among the inflows was nearly $2 billion from the International Monetary Fund (IMF), as the country sought to stabilise its dwindling[Read More…]

Download IPFS In a landmark move for the country’s financial services sector, the Securities and Exchange Commission of Pakistan (SECP) has issued the first fully digital license to a non-life insurance provider. Karachi-based Digi Insurance Limited has become the first company in Pakistan authorised to operate entirely without a physical[Read More…]

Download IPFS Pak-Qatar Asset Management Company (PQAMC) has reported a substantial 117 percent increase in its Assets Under Management (AUM) for the financial year ending June 30, 2025. This sharp growth highlights the expanding investor appetite for Shariah-compliant financial solutions in Pakistan, as more individuals and institutions seek ethical alternatives[Read More…]

Download IPFS On July 21, 2025, the US Dollar (USD) to Pakistani Rupee (PKR) exchange rate saw a slight dip, closing at 284.95 PKR in the interbank market, down 0.03% from 284.87 PKR the previous day. This article explores the factors behind the rupee’s performance, its implications for Pakistan’s economy,[Read More…]