–Higher costs and lower volumes weigh on margins BeNewz Report KARACHI: Pakistan State Oil reported a modest increase in profit for the six months ended December 31, 2025, despite a decline in sales and mounting cost pressures, according to its latest financial statement. Pakistan State Oil posted profit after tax …
Read More »Aurangzeb says $1.2bn IMF tranche due next month
–Govt shifts toward commercial financing, plans Panda bond Aftab Maken ISLAMABAD: Finance Minister Muhammad Aurangzeb said Pakistan is expected to receive a $1.2 billion tranche from the International Monetary Fund next month, marking a key step under the ongoing economic reform programme. Speaking to media in Islamabad, the minister said …
Read More »ECC notes easing inflation, approves key spending
–Price stability improves as govt clears multiple proposals Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) on April 27 noted early signs of price stability and easing inflationary pressures on essential commodities, as the government moved to sustain gains through continued monitoring and policy coordination. The meeting, chaired by Finance …
Read More »Weekly inflation eases slightly as SPI falls 0.33%
Aftab Maken ISLAMABAD: The short-term inflation registered a modest decline, with the Sensitive Price Indicator (SPI) falling by 0.33% for the week ended April 23, according to data released by the Pakistan Bureau of Statistics. The SPI, which monitors the prices of 51 essential commodities across 50 markets in 17 …
Read More »SBP clears $3.45 Bn UAE safedeposits
BeNewz Report ISLAMABAD: The State Bank of Pakistan (SBP) has completed the repayment of a total of $3.45 billion in deposits to the United Arab Emirates, marking a significant development in the country’s external debt obligations and liquidity management. According to official sources, the central bank repaid $1 billion to …
Read More »SBP credited $1 bn from Saudi Arabia
BeNewz Report KARACHI: Pakistan has received a significant financial boost as the State Bank of Pakistan confirmed that the second tranche of $1 billion out of a $3 billion deposit from Saudi Arabia has been credited to the country’s deposits. Earlier, the first tranche of $2 billion was received on …
Read More »Senior custom officers suspended in silver scam
–FBR names eight suspended officers in expanding silver swap case as criminal investigation proceeds under FIR filed earlier this month Aftab Maken ISLAMABAD: Federal Board of Revenue (FBR) on Sunday late night named eight customs officers suspended after fresh findings in a high-profile silver swap investigation pointed to direct involvement, …
Read More »Pakistan pays UAE $2bn deposit repayment
–Pakistan repays $2bn to UAE, managing external obligations without major hit to forex reserves Aftab Maken KARACHI: Pakistan has repaid $2 billion to the United Arab Emirates, fulfilling a key external obligation while maintaining relative stability in its foreign exchange reserves, according to the State Bank of Pakistan. The central …
Read More »SPI drops 0.69% on fuel, food fall
—Weekly inflation eases as fuel and key food prices decline, though annual inflation remains elevated at over 12%. Aftab Maken ISLAMABAD: The Sensitive Price Indicator (SPI) fell 0.69% week-on-week for the period ended April 16, 2026, reflecting a broad decline in fuel and essential food prices, according to data released …
Read More »Aurangzeb leaves for IMF, World Bank meetings
–FM departed for the United States to attend IMF and World Bank Spring Meetings, aiming to advance Pakistan’s reform agenda and secure investor confidence Aftab Maken ISLAMABAD: Finance Minister Muhammad Aurangzeb left for the United States to participate in the annual Spring Meetings of the International Monetary Fund and the …
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