The Senate Standing Committee on Privatisation on Tuesday raised concerns over the government’s plans to privatise two state-owned entities — the Pakistan Mineral Development Corporation (PMDC) and Zarai Taraqiati Bank Ltd (ZTBL) — and questioned the rationale behind their inclusion in the programme. Chairman of the Privatisation Commission, Muhammad Ali, clarified that PMDC is not currently on
The State Bank of Pakistan (SBP) has announced that it will begin publishing a Monetary Policy Report (MPR) on a biannual basis to provide a clearer assessment of the impact of its policy decisions. The central bank has also released the advance schedule of Monetary Policy Committee (MPC) meetings for FY26 as part of efforts to enhance transparency and predictability. “In line with SBP’s Str
The outflow of profits and dividends on foreign investment remained tightly controlled in FY25, totalling $2.219 billion — only slightly higher than the $2.15bn recorded in FY24, despite notable improvements in Pakistan’s external account and broader economic indicators. According to data released by the State Bank on Monday, the restrained profit repatriation came as a surprise to many in the
After more than a decade, Australia is considering returning to Pakistan’s mining and mineral sector through direct investments, joint ventures, and institutional collaboration for the research and development of natural resources. Australia has been operating in Pakistan’s mineral and natural resources sector, primarily in all resource-rich regions, including Balochistan, Gilgit-Baltistan, and
The Pakistan Stock Exchange (PSX) witnessed range-bound trading on Monday as concerns over debt repayments and macroeconomic uncertainty weighed on investor sentiment during the rollover week. The benchmark KSE-100 index came under selling pressure, shedding nearly 380 points. The index closed at 138,217.58, down 379.78 points or 0.27pc. It fluctuated between an intraday high of 139,201.16 and