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SBP Forex Reserves Rise to $14.34 Billion

11-Sep-2025
ISLAMABAD, September 11, 2025 – The State Bank of Pakistan (SBP) registered a modest $34 million uptick in its foreign exchange reserves, climbing to $14.34 billion as of September 5, 2025, based on...
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SBP Forex Reserves Rise to $14.34 Billion

Pakistan Bank Deposits Fall 3.4% to Rs34.28 Trillion

11-Sep-2025
Scheduled banks in Pakistan witnessed a 3.4% decline in total deposits, plummeting to Rs34.28 trillion in July 2025 from Rs35.5 trillion in June, as per central bank data. Yet, on a year-on-year basis...
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Pakistan Bank Deposits Fall 3.4% to Rs34.28 Trillion

FBR Elevates Tax-to-GDP Ratio to 10.24%

11-Sep-2025
ISLAMABAD, September 11, 2025 – The Federal Board of Revenue (FBR) has elevated Pakistan’s tax-to-GDP ratio from 8.8% in 2023-24 to 10.24% in 2024-25, fueled by the transformative reform plan endo...
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FBR Elevates Tax-to-GDP Ratio to 10.24%

SBP Unveils Consumer Protection Framework for Finance

10-Sep-2025
On Tuesday, the State Bank of Pakistan (SBP) unveiled the draft Business Conduct and Fair Treatment of Consumers Regulatory Framework (BC&FRF), crafted to bolster consumer protection and guarantee...
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SBP Unveils Consumer Protection Framework for Finance

FBR Mandates Digital Invoicing for Taxpayers

10-Sep-2025
The Federal Board of Revenue (FBR) has rolled out a compulsory digital invoicing system for all sales tax-registered taxpayers, with a primary focus on seamless integration for corporate businesses.Pe...
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FBR Mandates Digital Invoicing for Taxpayers

SEP Cancels $1.77B K-Electric Share Acquisition

10-Sep-2025
Shanghai Electric Power (SEP) has abruptly terminated its $1.77 billion acquisition of 18,335,542,678 shares in K-Electric (KE), a deal poised to revolutionize Pakistan’s energy sector. The decision...
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SEP Cancels $1.77B K-Electric Share Acquisition

KP Mandates Rs. 40,000 Minimum Wage for Workers

10-Sep-2025
The Khyber Pakhtunkhwa Government has formally declared a minimum monthly wage of Rs. 40,000 for workers across factories in the province, as per a notification from the Labour Department. This mandat...
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KP Mandates Rs. 40,000 Minimum Wage for Workers

PAC Orders Recovery of Irregular HRA to Ex-CDNS DG

09-Sep-2025
In a rigorous review of audit reports from the Finance Division for fiscal years 2010-11 and 2013-14, a Sub-Committee of the Public Accounts Committee (PAC), led by Ms. Shahida Akhtar Ali, voiced vehe...
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PAC Orders Recovery of Irregular HRA to Ex-CDNS DG

Pakistan Faces Roti Price Surge Amid Flour Crisis

09-Sep-2025
Amid a sharp sugar price surge, consumers nationwide in Pakistan are grappling with escalating flour and roti costs, as wheat and flour prices skyrocket. The crisis has intensified due to recent flash...
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Pakistan Faces Roti Price Surge Amid Flour Crisis

CCP Clears DW Pakistan Power Transformer Acquisition

09-Sep-2025
The Competition Commission of Pakistan (CCP) greenlit the acquisition of shareholding in M/s. Heavy Electrical Complex (Private) Limited by M/s. DW Pakistan (Private) Limited from M/s. IMS Engineering...
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CCP Clears DW Pakistan Power Transformer Acquisition
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