Adil Aziz

Government Reaffirms Support for Electric Vehicle Manufacturing and Localization

Government Reaffirms Support for Electric Vehicle Manufacturing and Localization

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb reaffirmed the government’s support for electric vehicle manufacturing, localization and sustainable transportation to promote Pakistan as a regional hub for new energy vehicles.

Al-Ghazi Tractors Limited Joins the Pakistan Agricultural Coalition to Strengthen Support for the Country’s Agriculture Sector

Al-Ghazi Tractors Limited Joins the Pakistan Agricultural Coalition to Strengthen Support for the Country’s Agriculture Sector

The partnership was formalized through a Memorandum of Understanding, bringing Al-Ghazi into a coalition of the country’s foremost business and financial groups that is working to make Pakistan’s agriculture sector private sector-led, technology-driven, entrepreneurial and globally competitive.

How Much Is Pakistan’s Current Account Surplus in 11MFY26? It Reached $255 Million

How Much Is Pakistan’s Current Account Surplus in 11MFY26? It Reached $255 Million

Pakistan’s External Current Account recorded a surplus of US$ 252 million during July-May fiscal year 2025-26 compared to a surplus of $ 1,618 million in the first eleven months of previous fiscal year.

State Bank Maintains 11.5% Policy Rate, Signals Continued Focus on Inflation Management

State Bank Maintains 11.5% Policy Rate, Signals Continued Focus on Inflation Management

State Bank of Pakistan (SBP), Monday, maintained the policy rate at 11.5%, considering the current cautious monetary policy stance as appropriate to rein in the inflationary pressures.

PSW, NTC Link Up for Real-Time Trade Data Sharing

PSW, NTC Link Up for Real-Time Trade Data Sharing

The automation and digitization initiative aims to enhance cooperation in data sharing, automation and digitization of NTC processes related to tariff and trade policy analysis, tariff rationalization, and reduction in dwell time for trade remedial measures, including anti-dumping duties, countervailing duties and safeguard measures.

Pakistan Receives $38.1bn in Workers’ Remittances, Up 9.21% Year-on-Year

Pakistan Receives $38.1bn in Workers’ Remittances, Up 9.21% Year-on-Year

Workers’ remittance inflows increased by 9.21 percent to US$38.1 billion during the first eleven months of fiscal year 2025–26, the State Bank of Pakistan (SBP) reported on Wednesday.

National Savings secures Rs1.32 trillion, almost meets FY 2025-26 target

National Savings secures Rs1.32 trillion, almost meets FY 2025-26 target

The Central Directorate of National Savings (CDNS) has mobilized Rs1.32 trillion in investments during the first eleven months of fiscal year 2025-26

PIDE suggests launching of ‘National Savings Drive’ to strengthen economic resilience

PIDE suggests launching of ‘National Savings Drive’ to strengthen economic resilience

The study revealed that Pakistan’s gross domestic savings stood at 6.4 percent of GDP in 2024, compared with 17.4 per cent in 1992, stressing the need for measures to encourage household and institutional savings.

PTA extends SIM activation safeguard period to one year amid crackdown on misuse

PTA extends SIM activation safeguard period to one year amid crackdown on misuse

The Pakistan Telecommunication Authority (PTA) revised its SIM activation and deactivation policy,extending the restriction period for newly issued SIMs from 60 days to 365 days.

PKR 7.1 Bln Social Impact Financing Facility linked to uplift critical Agri-storage infrastructure launched by InfraZamin, BoP, Faysal Bank & PBICL

PKR 7.1 Bln Social Impact Financing Facility linked to uplift critical Agri-storage infrastructure launched by InfraZamin, BoP, Faysal Bank & PBICL

PKR 7.1 Bln Social Impact Financing Facility linked to uplift critical Agri-storage infrastructure launched by InfraZamin, BoP, Faysal Bank & PBICL