Onion prices jump 14%, petrol up nearly 4% Aftab Maken ISLAMABAD: Pakistan’s short-term inflation gauge, the Sensitive Price Indicator (SPI), rose by 0.49 percent for the week ended August 20, 2026, driven chiefly by a sharp spike in onion prices and a fresh round of fuel hikes, according to data …
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BeNewz Report ISLAMABAD: Customers of MCB Bank, one of Pakistan’s largest commercial banks, have been left frustrated after widespread disruptions hit the bank’s digital banking platform, MCB Live, along with related online and mobile banking services. Account holders across the country have reported being unable to log in, transfer funds, pay …
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Aftab Maken ISLAMABAD: Pakistan closed fiscal year 2026 with its strongest set of headline fiscal numbers in over two decades: a fiscal deficit near a 22-year low, a primary surplus at a multi-decade high, and a credit rating upgrade from S&P Global. Government officials have cast the results as proof …
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Aftab Maken ISLAMABAD: Pakistan’s cumulative trade deficit for the first eleven months of fiscal year 2025-26 (July–May) stood at $34.76 billion, according to the latest merchandise trade statistics released by the Pakistan Bureau of Statistics (PBS). The data shows that the country’s import bill continued to outpace exports despite a …
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BeNewz Report KARACHI: Investigations against alleged drug trafficker Anmol, also known as Pinky, have widened significantly after digital forensic analysis and an initial financial audit reportedly uncovered millions of rupees in suspicious transactions and alleged money laundering activities. According to sources, the ongoing probe has now expanded to examine the …
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BeNewz Report ISLAMABAD: Pakistan faces stricter IMF conditions as 430 billion rupee tax plan emerges alongside sweeping fiscal tightening, higher energy levies, and expanded revenue enforcement measures affecting next fiscal year’s budget framework. The International Monetary Fund has placed eleven new conditions on Pakistan’s fiscal framework under ongoing economic reforms. …
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Aftab Maken KARACHI: State Bank of Pakistan receives $1.3 billion IMF inflows after third review completion under EFF and RSF, strengthening reserves position amid external financing pressures and ongoing macroeconomic stabilisation efforts. State Bank of Pakistan has received about US$1.3 billion from the International Monetary Fund following disbursements under the …
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Aftab Maken ISLAMABAD: Pakistan’s economy showed signs of stress despite improvements in select indicators during the first eight months of FY2026, with rising inflation, widening trade deficit, and falling foreign investment highlighting persistent vulnerabilities. The Finance Division’s Monthly Economic Update for March 2026 reported mixed performance, as gains in remittances …
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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 …
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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 …
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