Browse older Business stories through permanent, crawlable archive pages.
Arif Habib-led consortium says it is seeking a value-adding partner after buying 75% of PIA for Rs135 billion. The group plans fleet expansion and hiring, while agreeing to a one-year no-layoffs condition under the privatisation terms.
An opinion piece argues Pakistan can only exit the IMF cycle by fixing structural weaknesses, expanding productivity, and prioritising exports. It calls for sustained development spending, stronger human-capital outcomes, tax-base broadening, and long-term policy continuity.
Planning Minister Ahsan Iqbal says Pakistan faced an “internal default” in April 2022 when funds were unavailable to release development spending. He claims key indicators have improved since then, and says the IMF programme is expected to continue through 2027.
Chief Justice Yahya Afridi said drawn-out tax litigation is damaging investor confidence and limiting fiscal space. A Supreme Court-led meeting reviewed reforms to fast-track high-value tax cases and improve coordination with tax authorities.
Nepra's draft rules would move new rooftop solar users to gross metering at Rs11.30/unit while honoring existing net-metering contracts. Regulators say the shift curbs cross-subsidies and grid risks; installers warn of longer paybacks.
Gold hit a fresh record as traders bet on easier Fed policy and sought safety, lifting silver, platinum and palladium. Analysts warned thin holiday trading could amplify swings after a powerful year-long rally.
Islamabad says it will open Pakistan’s Panda Bond programme with a $250m tranche in January. The effort aims to diversify funding sources and deepen access to Chinese capital markets.
SBP confirms receipt of $1.2bn from the IMF under EFF/RSF windows. The Fund praised reforms and urged prudent policy, tax base broadening and FX market deepening. The inflow will show in reserves for the week ending Dec 12.
Islamabad has executed a Rs659.6bn settlement to retire power-sector liabilities. Officials say the record transaction bolsters liquidity and underpins the circular debt reduction plan. Analysts view it as supportive of wider energy and fiscal reforms.
Washington’s top diplomat in Islamabad says Exim support will channel up to $2bn in US equipment to Reko Diq. The package is pitched as a jobs and supply-chain win for both countries. Future US–Pakistan mining partnerships are expected to build on this model.
SBP data show remittances climbed 9% to $16.145bn in Jul–Nov FY26. Saudi Arabia and the UAE led sources as brokerages cited incentives and a narrower exchange-rate gap. November inflows eased from October but were higher year-on-year.
Following programme reviews, the IMF approved $1.2bn for Pakistan — $1bn under the EFF and $200m via the RSF — lifting cumulative disbursements to about $3.3bn. The Fund cited stabilisation gains as the premier hailed reform progress.
