ISLAMABAD: Pakistan expects Washington to respond within the next couple of months to its request for a proposed $10 billion bilateral stabilisation facility, as Islamabad seeks to strengthen investor confidence and improve its access to international capital markets. Finance Minister Muhammad Aurangzeb had earlier confirmed that Pakistan approached US Treasury Secretary Scott Bessent for the...
Pakistan’s inflation is expected to accelerate to 9.1% year-on-year in July, as higher food prices and renewed uncertainty over global energy markets add fresh pressure to the cost of living, according to market estimates by Growth Securities and JS Global. Economists expect the Consumer Price Index (CPI) to record a 1.1% month-on-month increase, largely driven...
The Securities and Exchange Commission of Pakistan (SECP) has approved the prospectus for the initial public offering (IPO) of Tasdeeq Information Services Limited, clearing the way for the first Pakistan Stock Exchange (PSX) listing of the 2026-27 fiscal year. Tasdeeq, a credit bureau licensed by the State Bank of Pakistan, collects and maintains credit information...
The federal government borrowed Rs272 billion from domestic banks during the first month of fiscal year 2025-26 (FY2026), despite recording a budget surplus, highlighting the country’s continued dependence on borrowing to meet financing and debt management requirements. The borrowing figures were released by the State Bank of Pakistan (SBP) and analyzed in a report....
Pakistan’s annual inflation rate eased slightly in November, falling to 6.1% from 6.2% in October, official data showed. Although the drop is modest, it keeps inflation within the finance ministry’s projected 5–6% band. On a month-on-month basis, the rate rose by just 0.4% after a sharp 1.8% jump in October. Despite lingering volatility, driven by...