Punjab Budget Nears Final Stage Ahead of June 8
The Punjab government is finalizing its fiscal year 2026-27 budget, expected to be presented on June 8. The budget, with an anticipated size of Rs6 trillion, is set to focus on development projects, infrastructure, digital transformation, and public welfare programs across both urban
SBP Bought $27 Billion in 3.5 Years to Build Forex Reserves
Pakistan’s central bank has been aggressively buying dollars from the market, and the scale is bigger than many expected. The State Bank of Pakistan (SBP) has purchased around $27 billion from the currency market over the past three-and-a-half years to strengthen the country’s
SBP Raises Policy Rate by 100bps to 11.5% Amid Rising Inflation Risks
The State Bank of Pakistan (SBP) has raised the policy rate by 100 basis points to 11.5%, marking the first increase in nearly three years and signaling a move back toward tighter monetary policy. The decision was announced after the Monetary Policy Committee
Pakistan Returns Final $1 Billion Deposit to UAE, SBP Confirms
Pakistan has completed another major external repayment. The country has returned the final $1 billion deposit to the United Arab Emirates (UAE), with the State Bank of Pakistan (SBP) confirming the transaction as part of ongoing debt obligations. This marks the completion of
Motorcycle Subsidy Fails to Provide Relief as Petrol Prices Continue to Rise
The government’s motorcycle fuel subsidy, introduced to ease the burden of rising petrol prices, has yet to deliver meaningful relief. As fuel costs continue to climb, many riders across Pakistan are still waiting to benefit from the promised support. Relief Announced, But Not
