PakistanEconomy

Pakistan has retired a record Rs4.722 trillion, approximately $17 billion, in public debt before its maturity, marking the country’s largest early debt-retirement and liability-management operation. The cumulative figure covers debt

Global crude oil prices climbed to their highest level in around one month on July 14 as renewed military tensions between the United States and Iran increased fears of disruption

Islamabad: Pakistan’s tax framework continues to impose significantly higher withholding tax rates on people who do not appear on the Active Taxpayers List. Under the tax rules, non-filers can face

Pakistan’s domestic crude oil production rose to a 26-month high in May 2026, reaching approximately 71,563 barrels per day, according to data cited by Topline Securities. The improvement was supported

Islamabad: Pakistan has recorded a significant increase in corporate registrations during the financial year 2025-26. According to official data, a total of 43,559 new companies were registered during this period,

Islamabad: The federal government borrowed a massive Rs. 611 billion from domestic banks in just five working days between June 15 and 19, averaging Rs. 122 billion per day. According

Islamabad: The federal government has extended banking hours on the last day of the fiscal year to facilitate taxpayers. Designated bank branches will remain open till 10 PM for tax

Islamabad: The government borrowed more than Rs4.9 trillion from commercial banks between July 2025 and June 12, 2026, according to State Bank of Pakistan data. This is higher than the

Karachi: Pakistan has received its seventh Liquefied Natural Gas (LNG) shipment since April. The tanker MRAIKH, carrying approximately 170,148 cubic meters of LNG from Qatar, arrived at Port Qasim on

Islamabad: Prime Minister Shehbaz Sharif has announced a significant reduction in petroleum prices. Petrol price has been reduced by Rs74 per litre, while high-speed diesel has been cut by Rs67