World Bank Approves $700m Program to Support Pakistan’s Fiscal Reforms and Public Services
The World Bank has approved $700 million in financing to help Pakistan strengthen its economic system and improve public services through a new long-term reform program. The initiative, known as the Pakistan Public Resources for Inclusive Development, Multiphase Programmatic Approach (PRID-MPA) is designed to support both federal and provincial governments as they work to improve […]
Industry Rejects Government’s Growth Claims as Factories Shut Down Across Pakistan
Pakistan’s major industrial and export sectors have dismissed government claims of a recovery in large-scale manufacturing (LSM), saying real industrial activity is shrinking due to high energy costs, weak demand and heavy taxation. Industry associations estimate that over 150 factories have closed in the last 18 months, while most remaining units are operating at only […]
Pakistan’s Cotton Output Falls Far Below Targets, Sector Raises Alarm
Pakistan’s cotton industry is deeply concerned after production numbers for the 2025-26 season fell far short of official targets. Figures released by the Pakistan Cotton Ginners Association (PCGA) up to December 15 show a major gap between goals and actual output, raising questions over planning and productivity. The Federal Committee on Agriculture (FCA) had set […]
TikTok Launches New Ad Solutions to Help Pakistani Small Businesses Grow Online
TikTok has introduced new advertising tools designed to support small and medium-sized businesses in Pakistan, marking a major step in strengthening the country’s digital economy. The platform says these solutions will allow entrepreneurs to run ads easily, manage campaigns, and reach bigger audiences without needing professional marketing experience. According to TikTok, the launch aligns with […]
Rising Car Prices Reshape Pakistan’s Auto Market Over 10 Years
Pakistan’s automobile market has witnessed a dramatic shift in pricing over the past decade, reshaping the way consumers view affordability and value. In 2016, the launch of the Honda Civic gained attention for delivering a premium driving experience at a price of Rs. 2,349,000. At the time, car buyers saw it as a luxury purchase, […]
Meezan Bank & Haball Launch Shariah-Based Financing to Boost Dawlance Supply Chain
Meezan Bank Limited, in partnership with Haball, has taken another major step in digital Islamic financing by extending its Wisaaq supply chain financing platform to Dawlance distributors across Pakistan. The newly introduced Murabaha-based facility gives distributors instant, Shariah-compliant financial access to purchase inventory, allowing them to run business operations more smoothly. Through this initiative, Dawlance […]
Fauji Foundation Partners with Binance to Advance Digital Finance in Pakistan
Fauji Foundation, one of Pakistan’s largest and most diversified business groups has taken a major step toward the digital economy by signing a Letter of Intent with Binance, the world’s leading cryptocurrency and blockchain exchange. The agreement signals growing interest from large local institutions in blockchain technology, digital payments, and the Web 3.0 ecosystem. The […]
Pakistan and Russia Explore New Energy Deal to Strengthen Economic Ties
Pakistan and Russia are moving closer to deeper cooperation in the energy sector as talks continue on a possible oil-related agreement between the two countries. Pakistan’s Finance Minister, Muhammad Aurangzeb, confirmed that discussions are underway, focusing on areas where Russia has strong expertise, including oil exploration, production and refining. According to the finance minister, the […]