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World Bank President Ajay Banga Meets PM Shehbaz, Reaffirms Support for Pakistan’s Reforms
World Bank Group President Ajay Banga met PM Shehbaz Sharif in Islamabad, reaffirming the WBG’s support for Pakistan’s economic reforms and long-term development under the Country Partnership Framework.
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Weekly Price Update: Potatoes, Onions Fall While Tomatoes, Chicken See Price Hikes
Weekly inflation update: Prices of 9 essential items fell, while 18 saw increases. Potatoes down 7.8%, tomatoes up 7.5%.
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PM Announces Rs4.4 Per Unit Cut in Electricity Tariff for Industries
PM Shehbaz Sharif announced a Rs4.4 per unit cut in electricity prices for industries and reduced export refinance rate to 4.5pc, aiming to boost productivity, exports and economic growth.
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PIA Privatization Completed: Arif Habib Consortium Signs Agreement with Government
Pakistan International Airlines has been successfully privatized! The Arif Habib Consortium signs formal agreement with the government to take over 75% of PIA, aiming to revive the national carrier.
News Desk
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SBP Maintains Policy Rate at 10.5% as MPC Cites Stable Inflation, Improving Growth Outlook
State Bank of Pakistan kept the policy rate unchanged at 10.5% despite market expectations of a cut, citing steady inflation, improving growth outlook and a manageable current account deficit.
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FM Ishaq Dar Inaugurates Pakistan Pavilion at WEF, Highlights Startups
Deputy PM Ishaq Dar inaugurates Pakistan Pavilion at WEF, lauds startups’ role in economic growth & pledges government support.
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PM Shehbaz Meets IMF Chief at Davos, Highlights Economic Reforms
PM Shehbaz meets IMF Managing Director Kristalina Georgieva at WEF Davos, briefs her on Pakistan’s economic stabilisation, reforms and improved macroeconomic indicators.
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UK Pledges $400 Million to Boost Pakistan’s Geological Survey
Britain offers $400M to enhance Pakistan’s Geological Survey, strengthen energy & minerals sectors, and invites UK companies to invest in oil, gas, and mineral projects.
News Desk
