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Economic Coordination Committee Approves Key Measures to Boost Industry, Housing, and Environment

Download IPFS The Economic Coordination Committee (ECC) of Pakistan’s Cabinet, chaired by Federal Finance Minister Senator Muhammad Aurangzeb, has recently approved a series of strategic decisions affecting several vital sectors, including industry, housing, telecommunications, and environmental finance. These moves aim to enhance economic growth, reduce costs, and foster sustainability amid[Read More…]

Pakistan Secures Credit Rating Upgrade Amid Reduced Default Risks and Fiscal Progress

Download IPFS Pakistan has earned a significant credit rating upgrade from Fitch Ratings, moving from CCC+ to B-, reflecting improved economic stability and reduced default risks. This milestone, driven by fiscal discipline and a new International Monetary Fund (IMF) bailout, signals growing investor confidence and opens doors for Pakistan to[Read More…]

Pakistani Rupee Rises as Crackdown Targets Underground Currency Networks

Download IPFS The Pakistani rupee strengthened for the third consecutive day on Friday, driven by a sweeping campaign against illegal money exchange and informal remittance systems. The Federal Investigation Agency (FIA) has launched a nationwide crackdown, targeting underground operations that have long contributed to the country’s foreign exchange instability. According[Read More…]

PM Approves Pakistan’s First Skills Impact Bond to Boost Youth Employability

Download IPFS On July 25, 2025, Prime Minister Shehbaz Sharif approved Pakistan’s first Skills Impact Bond (SIB), a new initiative to attract private investment for equipping youth with market-driven skills. Launched during a review meeting in Islamabad, the “Pay-for-Success” model is designed to improve employability, stimulate economic growth, and support[Read More…]

Federal Tax Oversight Failures Cost Nation Over Rs397 Billion, Subcommittee Uncovers

Download IPFS A recent parliamentary inquiry has revealed staggering tax mismanagement at the heart of Pakistan’s revenue authority, with oversight failures costing the nation more than Rs397 billion. A subcommittee under the Public Accounts Committee (PAC) exposed severe negligence within the Federal Board of Revenue (FBR), citing years of uncollected[Read More…]

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