BeNewz Report ISLAMABAD: Pakistan and Libya reportedly inked a US$4.6 billion (approximately RM21.62 billion) defence deal, underscoring a shift toward affordable and flexible military partnerships outside traditional Western or Russian spheres, according to Defense Security Asia. The deal reportedly focuses on rebuilding Libya’s armed forces amid ongoing fragmentation, while boosting …
Read More »
Aftab Maken ISLAMABAD: Pakistan’s short-term inflation edged higher during the week ended December 18, 2025, as food and energy prices recorded mixed movements, official data showed. The Pakistan Bureau of Statistics said the Sensitive Price Indicator increased 0.24% week-on-week, reflecting rising prices of several essential consumer items. The SPI tracks …
Read More »
Aftab Maken ISLAMABAD: The Economic Coordination Committee, chaired by Finance Minister Senator Muhammad Aurangzeb, reviewed inflation trends and approved key financial and development measures for FY 2025-26. The committee was briefed that Pakistan’s overall inflation has shown marked improvement in the current fiscal year, reflecting enhanced price stability and effective …
Read More »
Beneficiaries to achieve full digital payments by Jan 2026 Aftab Maken ISLAMABAD: The Benazir Income Support Programme (BISP) has made remarkable progress in transitioning its payments to a digital system. However, full 100% adoption of digital wallets for all beneficiaries will be targeting complete rollout by January 2026. Over 10 …
Read More »
Aftab Maken ISLAMABAD: The Competition Commission of Pakistan (CCP) teams has conducted raids on three entities linked with the out-of-home media advertising market in Lahore. The raids were carried out as part of an inquiry into alleged cartelization, price fixing, and coordinated bid decisions in the sector. Out-of-home (OOH) advertising …
Read More »
Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, on Monday approved a series of major decisions aimed at improving fiscal discipline, tightening import controls and supporting digital transformation. Power sector reforms. The ECC reviewed and endorsed …
Read More »
Aftab Maken ISLAMABAD: The International Monetary Fund (IMF) Executive Board has completed the second review of Pakistan’s 37-month Extended Fund Facility (EFF) arrangement and the first review under the 28-month Resilience and Sustainability Facility (RSF). This approval enables an immediate disbursement of approximately $1 billion under the EFF and $200 …
Read More »
BeNewz Report ISLAMABAD: Data from the Pakistan Bureau of Statistics (PBS) show that Pakistan’s merchandise trade deficit surged by 37.17 percent during the first five months of fiscal 2025-26, as imports climbed and exports fell. PBS provisional figures for November 2025 show exports at $2.398 billion, down 15.35 percent compared …
Read More »
Aftab Maken ISLAMABAD: Pakistan Bureau of Statistics (PBS) has reported a 0.73% increase in weekly inflation for the period ending 27 November 2025, pushing the year-on-year Sensitive Price Indicator (SPI) inflation to 4.32%. The latest data reflects persistent pressure on household budgets as prices of essential goods continue to fluctuate. …
Read More »
BeNewz Report ISLAMABAD: The Competition Commission of Pakistan (CCP) has issued show-cause notices to ten sugar mills in Punjab for allegedly colluding to delay the start of the crushing season and fix the sugarcane procurement price at Rs 400 per maund. CCP’s preliminary review found that on November 10, 2025 …
Read More »
BeNewz