Sunday , September 6 2026

Business

ECC approves major measures on food security, energy, health, education and utility liabilities

BeNewz Report ISLAMABAD:  The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved a series of important economic, fiscal and sectoral decisions aimed at ensuring macroeconomic stability, protecting consumers, strengthening social protection systems, and addressing critical operational needs of public sector entities. The meeting, held at the Finance Division …

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Pakistan posts broad-based recovery in H1 of FY26

By Aftab Maken ISLAMABAD: Pakistan’s economy delivered a stretch of rare macroeconomic calm in the first half of FY2026, with easing inflation, a revival in large-scale manufacturing, firmer foreign exchange buffers and a steady rupee combining to lift investor confidence and policy credibility. Official data for July–December show a stabilizing …

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S&P Global aligns closely with SBP on inflation & growth outlook

BeNewz Report ISLAMABAD: S&P Global Market Intelligence has unveiled its latest macroeconomic projections for Pakistan, painting an optimistic yet cautious picture of easing inflation, manageable current account deficits, and accelerating growth. Released this week, the forecasts largely mirror the State Bank of Pakistan’s (SBP) recent guidance, signaling broad consensus among …

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Weekly dip in SPI inflation as chicken & vegetable prices fall

Aftab Maken ISLAMABAD: The Sensitive Price Indicator (SPI), a key weekly measure of inflation for essential commodities in Pakistan, declined by 0.48% for the week ended January 22, 2026, according to the latest data released by the Pakistan Bureau of Statistics (PBS). This marks a welcome relief for households amid …

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UAE abandons Islamabad airport outsourcing

Aftab Maken ISLAMABAD: For Pakistan’s aviation sector, the government has officially shelved a high-profile plan to hand over management and operations of Islamabad International Airport (IIAP) to the United Arab Emirates (UAE), following Abu Dhabi’s repeated failure to nominate a partner. The decision marks the end of months of negotiations …

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CAT dismisses banks’ appeals, upholds CCP’s Rs 205Mn penalties

Aftab Maken ISLAMABAD: The Competition Appellate Tribunal (CAT) has dismissed a set of long-pending appeals filed by several leading banks and the Pakistan Banks Association (PBA), thereby upholding penalties of approximately Rs 205 million imposed by the Competition Commission of Pakistan (CCP) in the Enhanced Savings Account (ESA) cartel case. …

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After four-year absence Pakistan to re-enter global bond market

Aftab Maken ISLAMABAD: Pakistan said it plans to return to the global bond market after a four-year gap, highlighting progress in stabilizing its economy since near-default pressures a few years ago. The government aims to attract foreign investment as part of broader fiscal and structural reforms. Pakistan will seek advisers …

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Weekly inflation edges up 0.12% as wheat flour prices surge

Aftab Maken ISLAMABAD: The Pakistan Bureau of Statistics (PBS) reported a modest weekly increase in short-term inflation, with the Sensitive Price Indicator (SPI) rising by 0.12% for the week ended January 8, 2026. This brings the SPI index to 334.35 points (base 2015-16=100), up from 333.96 points the previous week. …

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ECC approves TSGs for defence, digital transformation, education, & cultural initiatives

BeNewz Report ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, has approved several Technical Supplementary Grants (TSGs) to bolster key sectors including defence capabilities, digital infrastructure, special education, public service delivery, revenue enforcement, and the creative industries.The meeting, …

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Dr Kabir Ahmed Sidhu as New Chairman of SECP

Aftab Maken ISLAMABAD:  Prime Minister Shehbaz Sharif has appointed Dr. Kabir Ahmed Sidhu as the new Chairman of the Securities and Exchange Commission of Pakistan (SECP). An official notification to this effect has been issued. Dr. Kabir Sidhu is currently serving as Chairman of the Competition Commission of Pakistan (CCP) …

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