Download IPFS Pakistan’s Finance Minister Muhammad Aurangzeb has held critical discussions with top United States (US) officials in Washington, aiming to recalibrate bilateral trade relations in response to a stiff 29% tariff imposed on Pakistani exports. The talks reflect Islamabad’s effort to reposition its economic ties with the US from[Read More…]

Download IPFS Pakistan has recorded a current account surplus of USD 2.1 billion for the fiscal year ending June 30, 2025 marking a rare shift from the country’s historically persistent deficits. While the surplus is a welcomed development on paper, it also prompts a deeper look into the economic underpinnings,[Read More…]

Download IPFS A recent audit has exposed alarming financial mismanagement within Pakistan’s civil law enforcement agencies, revealing that billions of rupees were squandered on questionable purchases such as jogger shoes, ice, and socks during the 2023–24 fiscal year. The report, which investigated departments operating under the Ministry of Interior, highlights[Read More…]

Download IPFS Pakistan’s Finance Minister Muhammad Aurangzeb has signalled a strategic shift in Islamabad’s economic approach toward the United States aiming to transition from a transactional trade relationship to long-term investment cooperation. Speaking after high-level discussions in Washington, Aurangzeb described the talks as “productive” and called for a “step-change” in[Read More…]

Download IPFS In a bold move aimed at enhancing trade competitiveness and promoting sustainable logistics, the government of Pakistan has announced a 50% reduction in port handling, vessel, and storage charges for dry bulk exports at the Karachi Port. The initiative, introduced by Maritime Minister Junaid Anwar Chaudhry, is being[Read More…]

Download IPFS Pakistan has recorded its first full-year current account surplus in 14 years a significant milestone that signals cautious but notable economic stabilization. According to newly released figures, the country posted a $328 million surplus in June 2025, bringing the total surplus for fiscal year 2024–25 to $2.1 billion.[Read More…]

Download IPFS Pakistan’s Ministry of Finance has announced that a consensus has been reached with the business community on key economic concerns following recent consultations. In a significant step towards economic stability and cooperation, Pakistan’s Ministry of Finance has announced that it has successfully reached a consensus with the business[Read More…]

Download IPFS Pakistan’s commuters face increased financial pressure as transport fares rise across rail and road networks following the government’s recent diesel price hike. Pakistan Railways has introduced an immediate 2% increase in fares for all passenger trains, while intercity and intracity transport operators have also raised their rates. These[Read More…]

Download IPFS Pakistan’s business community achieved partial success in negotiations with the government, as the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) called off its planned nationwide strike following concessions on the controversial Finance Act 2025. However, the Karachi Chamber of Commerce and Industry (KCCI) remains defiant, keeping[Read More…]